FORT LEE, NJ—Cross River Bank has acquired the 70,000-square-foot 2115 Linwood Ave. office building in an off-market transaction with Mack-Cali Realty.
The deal will allow Cross River to relocate its corporate headquarters and approximately 200 employees to the building, according to commercial brokerage firm Cushman & Wakefield, which represented Cross River Bank in the transaction. Cross River Bank, which had been considering relocating its headquarters to a facility in Orangeburg, NY, did receive a Grow NJ grant in connection with the purchase. No other financial terms of the transaction were disclosed.
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