EDISON, NJ-Mack-Cali CEO Mitchell Hersh says his company did reasonably well in Q4: "We are pleased to end the year at 86% leased, as the suburban office markets remain challenged,
EATONTOWN, NJ-New Jersey now has more than 70 data center operations, which is more than any other market in the country, experts tell GlobeSt.com. In an UPDATE from the midwest, data market specialists talk about growing investor interest among REITs.
ROCHELLE PARK, NJ-When the Bergen County Board of Social Services committed to a long-term lease at an office building on Route 17 here, it brought the 95,000-square-foot office to full occupancy.
BETHLEHEM, PA-Marc Holliday, chief executive of SL Green Realty in Manhattan, has endowed the Lehigh University with funds to create an academic minor in real estate at its business college.
EDISON, NJ-Mack-Cali CFO Barry Lefkowitz and general counsel Roger Thomas, who agreed to resign March 31, will each get $2.5 million, deferred retirement pay and performance bonuses, plus stock in the publicly traded REIT.
EDISON, NJ—In this <b>UPDATE</b> on the reorganization at Mack-Cali yesterday, information from a regulatory filing by the REIT indicates that new board member Jonathan Litt is a major stockholder, but he has agreed not to solicit proxies.
PHILADELPHIA–The University of Pennsylvania Health System has decided to take a total of eight floors at the new Science Center building to be ready in the fall.