Thursday 3 January 2019

Mack-Cali sells Westchester warehouse for $70M

Mack-Cali Realty has taken another step in its effort to reshape its portfolio. The company sold the Elmsford Distribution Center in Westchester County for $70.25 million, Mack-Cali said in a statement. Realterm Logistics, which owns and manages logistics facilities for the transportation industry, acquired the industrial park. The property has six buildings across more than 386,000 square feet of warehouse space. HFF’s Jose Cruz, Jordan Avanzato and Marc Duval represented Mack-Cali in the deal. “While […]



source https://therealdeal.com/2019/01/03/mack-cali-sells-westchester-warehouse-for-70m/

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