43,000 s/f lease takes Overlook to 100%.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 RadPharm, Inc., a provider of medical imaging and review services, has signed a new lease for 43,486 s/f at Princeton Princeton, borough (1990 pop. 12,016) and surrounding township (1990 pop. 13,198), Mercer co., W central N.J.; settled late 1600s, borough inc. 1813, township est. 1838. A leading education center, it is the seat of Princeton Univ. Overlook in Princeton, NJ. The lease carries a term of five years. The growing pharmaceutical company is expanding and relocating its corporate headquarters from approximately 18,600 s/f at 103 Carnegie Center in Princeton, another Mack-Cali property. Mitchell Mitchell, city (1990 pop. 13,798), seat of Davison co., SE S.Dak.; inc. 1881. Mitchell is a trade, distribution, and shipping center for a dairy and livestock area. E. Hersh, president and chief executive officer of Mack-Cali, stated, "We are pleased that RadPharm, Inc. chose to relocate re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. within our portfolio and that we were able to meet its expansion requirements." He continued, "This transaction demonstrates Mack-Call's ability to maintain and preserve long-standing relationships with our tenants and to accommodate their ever-evolving office space needs." Dan Ackerman, in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. director of leasing, represented Mack-Cali in the transaction. Princeton Overlook, located at 100 Overlook Center, at Route One and Alexander Road, is a four-story, 149,600 s/f class A office building that is 100 percent leased to a variety of top tier tenants. |
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