office market


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Mack-Cali Realty CEO Mahbod Nia and River Centre in Red Bank (Mack-Cali)

Mack-Cali offloads Red Bank office complex for $84M

UPDATED, June 14, 2021, 3:24 p.m.: Mack-Cali’s retreat from the suburban office market rolls on. The New Jersey-based real...

Mack-Cali offloads Red Bank office complex for $84M
Richard Segal of Seavest Investment Group, David Marx of Marx Development Group and 902 Quentin Road in Brooklyn (Photos via Seavest Investment Group, Marx  Development Group and VRMNY)
New York

Westchester firm buys $54M Brooklyn medical building

A big deal for a medical building just went down in Midwood. An investment firm based in Westchester County...

Westchester firm buys $54M Brooklyn medical building
Leisure and hospitality led job gains in May as employers hired 559,000 people last month, more than double the month prior. (iStock)
National

Economic recovery quickens from crawling to merely slow

The economic recovery can’t get here fast enough. Employers added back 559,000 jobs to the U.S. economy in May,...

Economic recovery quickens from crawling to merely slow
Triplemint CEO David Walker (Photos via Emily Assiran, Sasha Maslov, Triplemint, iStock)
New York

Triplemint moves forward with 3 new offices

Three words to describe Triplemint’s new growth strategy: Divide and conquer. The residential brokerage is moving forward with three new offices in the Tri-state area, including its new, smaller headquarters in Union Square. The...

Triplemint moves forward with 3 new offices
Woodbridge Corporate Park at 485 US-1, Iselin, NJ (KBS, Google Maps)

New Jersey office park sells for $88M

A six-building office complex in Iselin, New Jersey, has changed hands for $88 million. KBS, a California-headquartered commercial real estate investor and operator, sold the property to Northeast Capital Group in Ramapo, New York,...

New Jersey office park sells for $88M
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