215, 600 s/f deal at Harborside.Mack-Cali Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Corporation announced that Forest Research Institute, Inc., a subsidiary of Forest Laboratories, Inc., has signed a new nine-year, 35,587 s/f lease at Harborside har·bor·side n. The area adjacent to a harbor. Financial Center Plaza 5 in Jersey City, New Jersey. The firm now leases a total of 215,659 s/f at the 977,225 s/f class A office building, with all of its leases expiring ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. concurrently. Coincident co·in·ci·dent adj. 1. Occupying the same area in space or happening at the same time: a series of coincident events. See Synonyms at contemporary. 2. with the new lease, Forest Research is surrendering 22,785 s/f of space at Harborside Financial Center Plaza 3, which would have expired ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. in approximately 18 months. Harborside Plaza 5 is now 100% leased, while Harborside Plaza 3 is 99.3% leased. Mitchell E. Hersh, president and chief executive officer of MackCali, commented, "We're delighted that Forest Research Institute has expanded its presence while consolidating at this prime waterfront office tower. Harborside Financial Center continues to attract and retain leading businesses from a diversity of industries." Arthur Rosenbloom of Newmark Knight Frank represented the tenant. Mack-Cali was represented in-house by Thomas Savoca, senior director of leasing. |
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