CRANFORD AND CLARK, NJ—Mack-Cali Realty Corp. has sold its Commerce Office Portfolio in Cranford and Clark, NJ for $87 million to Signature Acquisitions, which will locate its headquarters within the portfolio.
Jeffrey Dunne, Kevin Welsh, and Brian Schulz of CBRE Institutional Properties worked with Jeremy Neuer of CBRE's East Brunswick office to represent Mack-Cali in the $87 million sale of the properties.
“The Portfolio offers a highly visible location with opportunity to increase net operating income through a strategic rebranding,” says Dunne.
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