PARSIPPANY, NJ—New York City-based PAG Investments has added to its New Jersey office portfolio with the purchase of the 330,00-square-foot 5 Wood Hollow Road here from Mack-Cali Realty Corp. of Jersey City.
The deal was reported by commercial brokerage firm Cushman & Wakefield. The 5 Wood Hollow Road property was designed by architect Charles Gwathmey of Gwathmey Siegel & Associates Architects. Until recently, the three-story building's top floor—totaling approximately 117,000 square feet—was occupied by AIG.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.