Mack-Cali announces 25,000 s/f lease
Short Hills, NJ — Mack-Cali Realty Corporation announced that Willis of New Jersey, Inc. has signed a new 10-year, six-month lease for 25,113 s/f at 150 John F. Kennedy Parkway in Short Hills.
The tenant was represented in the transaction by Laura Finamore of Cushman & Wakefield and Jack Feeney of Savills Studley. Mack-Cali was represented in-house by Diane Chayes, senior vice president of leasing.
Mitchell E. Hersh, president and chief executive officer of Mack-Cali, commented, “Given that we enjoy an exceptional relationship with Willis as our insurance broker, I had the pleasure of working on this transaction with Joe Gunn, Willis national partner–Northeast region, and Owen Bowes, senior vice president. We’re pleased to welcome Willis to 150 JFK Parkway. Willis was formerly a tenant at our 14 Commerce Drive property in Cranford, N.J. We look forward to serving each other’s needs for many years to come.”
Mack-Cali Realty Corporation is a fully integrated, self-administered, self-managed real estate investment trust (REIT) providing management, leasing, development, construction and other tenant-related services for its class A real estate portfolio. Mack-Cali owns or has interests in 282 properties, consisting of 263 office and office/flex properties totaling approximately 30.9 million square feet and 19 multi-family rental properties containing approximately 5,400 residential units, all located in the Northeast. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of commercial and residential tenants.
Additional information on Mack-Cali Realty Corporation and the commercial real estate properties and multi-family residential communities available for lease can be found on the Company’s website at www.mack-cali.com.