EDISON, NJ—Mack-Cali leased 329,880 square feet at its office and office/flex commercial real estate properties in Northern and Central New Jersey during the third quarter. Portfolio-wide, Mack-Cali says it leased 621,077 square feet of space during the quarter.
We are pleased that so many of our tenants choose to renew and expand with Mack-Cali, evidence of our successful 'Tenants First' philosophy,” says Mitchell E. Hersh, Mack-Cali's president and chief executive officer. “We'd like to take this opportunity to extend our welcome to the new tenants joining the Mack-Cali portfolio. We look forward to serving your long-term business needs.”
Highlights of the third quarter transactions include:
• First Data Corporation, a global payment processing company, signed a new lease for 24,179 square feet at 101 Hudson Street in Jersey City. The 1,246,283-square-foot office tower is 86.1 percent leased. Steven Rotter, Roby Bull, and Scott Panzer of Jones Lang LaSalle represented the tenant.
• Accounting firm KPMG signed an expansion lease for 17,085 square feet at 300 Tice Boulevard in Woodcliff Lake. The 230,000-square-foot office building is 100 percent leased. Kenneth J. Boland, Jeffrey Babikian, and Patrick Murphy of CBRE represented the tenant. Mack-Cali was represented in-house by Christopher DeLorenzo, senior vice president of leasing.
• Law firm Eltman Eltman & Cooper signed a new lease for 16,902 square feet, also at 101 Hudson Street in Jersey City. John Harte and Joseph Genovesi of Savills Studley represented the tenant. Thomas Savoca, Mack-Cali's assistant vice president of leasing. Represented the firm in-house.
• Jacobs Engineering Group Inc., providers of technical professional and construction services, signed a new lease for 12,727 square feet at 100 Walnut Avenue in Clark. The 182,555-square-foot office building is 90.1 percent leased. Marc Rosenberg and Eric Olofson of Cushman & Wakefield represented the tenant. Toni Casiano, assistant vice president of leasing, represented Mack-Cali in-house.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
