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CLI - Mack-Cali Realty sells 7 Campus Drive in Parsippany NJ for $12.75M
Mack-Cali Realty Corporation
Mack-Cali Realty (CLI) announces disposition of 7 Campus Drive, a 154,820-square-foot office building in Parsippany, NJ, to Birch Group for ~$12.75M.This sale brings the year-to-date suburban office dispositions total to $270.35M."Divesting non-core assets will enable us to refocus on our key priorities, namely the repositioning of our Harborside office campus and paying down corporate debt," commented MaryAnne Gilmartin, Board Chair and Interim CEO.