Printer Friendly

Mack-Cali reports NJ leasing for 2Q.

Mack-Cali Realty Corporation announced it has completed 505,250 SF of leasing transactions at its Northern and Central New Jersey office properties during the second quarter of 2002.

Highlights include:

* Cendant Operations, Inc. a subsidiary of Cendant Corporation, a provider of travel and residential real estate services, signed a six-year, 145,983-SF lease at 7 Sylvan Way in the Mack-Cali Business Campus in Parsippany, N.J. Cendant now leases 100% of the class A office building through 2011. Patrick Eichner, in-house leasing director, represented Mack-Cali in the transaction.

* GAB Robins North America, Inc., a national insurance industry service provider, has renewed 75,049 SF for five years at 9 Campus Drive in the Mack-Cali Business Campus. The 156,495-SF class A office property is 96.7% leased. Patrick Eichner represented Mack-Cali.

* Meridian Health System, owner and operator of health care facilities, has leased a total of 42,616 SF for 10 years at 1350 Campus Parkway at Monmouth Shores Corporate Park in Wall Township, N.J. The transaction represents a renewal of 17,766 SF and expansion of 24,850 SF. The 79,747-SF class A office building is 100% leased. Harvey Schultz of The Schultz Organization represented the tenant and Diane Chayes, in-house senior director of leasing, represented Mack-Cali.

* Washington Mutual Bank, a subsidiary of Washington Mutual, Inc., a national financial services company, signed a new lease for 27,349 SF for five years at 100 Walnut Ave. in Clark, N.J. The 182,555-SF office building is 100% leased. Philip Heilpern of Insignia/ESG, Inc. represented the tenant and Toni Casiano, in-house leasing director, represented Mack-Cali.
COPYRIGHT 2002 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:leasing transactions for New Jersey office properties
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 4, 2002
Previous Article:N.Y. Mortgage offering bridge loans for homebuyers.
Next Article:Paragano construction completes fit-out in Parsippany.

Related Articles
Heller named NJ 'Broker of the Year'. (Transcripts).
Mack-Cali signs Jersey City lease.
Cingular inks 450,000 s/f deal.
Mack-Cali Realty Corporation announced the following leases.
Mack-Cali completes $161M Greenbelt deal.
Mack-Cali has new Viewpointe.
Mack announces lease renewals in Jersey totaling 221,000 s/f.
Mack-Cali Realty Corporation.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |