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Bank adds another 54,000 s/f at Mack-Cali plaza.


Mack-Cali Realty Corporation announced that "a major international bank" has leased an additional 53,727s/f at Harborside har·bor·side  
n.
The area adjacent to a harbor.
 Financial Center Plaza 1 on the Jersey City waterfront.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Globe Street, Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank  signed the lease, following on the heels of a further renewal and expansion announced last month. This latest expansion, which carries a term of approximately 10 years, was pursuant to an option in a lease the bank exercised in August and takes Deutsche Bank's total occupancy to 281,920 s/f in the building.

Mitchell E. Hersh, president and chief executive officer, commented, "This transaction is a clear indication of the success of our repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery.  efforts at this Harborside building. Harborside Financial Center has become an attractive office location due to its abundant amenities, excellent transportation access, and significant financial incentives.

"We welcome the expansion of this global company and look forward to further building on our long-term relationship."

Harborside Plaza 1, a 400,000 s/f class A office building located at Harborside Financial Center, is 94.3% leased. A modernization project was completed at the building earlier in the year.

Mack-Cali's holdings in Jersey City, which total over 4.3 million square feet, are 98.9% leased.

David Maurer-Hollaender led the team of New Jersey and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 brokers from CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  that represented the tenant in the transaction.
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Publication:Real Estate Weekly
Date:Sep 20, 2006
Words:225
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