Sean Ryan is associate editor of Real Estate New Jersey

Joseph Sarno and Jeremy Neuer of Cushman & Wakefield represented American International Group. American Home Assurance Co. is an AIG subsidiary. "It's a new tenancy," says Mitchell Hersh, president and CEO of the Cranford-based REIT. Hersh represented Mack-Cali because he has a long relationship with the principals of AIG.

AIG employees won't have far to drive, since the old offices were all close to 5 Wood Hollow Dr. "It's a consolidation of three smaller offices, all in the metropolitan Morris County market," Hersh says.

The 317,040-sf class A office is 100% leased. AHAC shares the building with, among other tenants, Cingular, which just signed its own eight-year-seven-month lease in July for 72,385 sf.

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