Wednesday 17 July 2019

Mack-Cali sells Paramus office property, Murphy enacts land bank reforms & more North Jersey real estate news

Mack-Cali offloads fully leased Paramus office building Garrison Investments and Onyx Equities announced Monday their acquisition of a 373,320-square-foot office building in Paramus, NJBIZ reported. A team from JLL that had previously been at HFF — the two brokerages completed their $2 billion merger on July 1 — represented the seller, Mack-Cali Realty, on the deal. The joint venture between Garrison and Onyx acquired a total of 20 acres — with the potential for future development — at 650 […]



source https://therealdeal.com/tristate/2019/07/17/mack-cali-sells-paramus-office-property-murphy-enacts-land-bank-reforms-more-north-jersey-real-estate-news/#new_tab

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