Benzinga | Sep 17, 2020 09:04AM EDT

Mack-Cali Announces $160M Sale Of 10-Building Office Portfolio In Morris County, New Jersey

JERSEY CITY, N.J., Sept. 17, 2020 /PRNewswire/ --Mack-Cali Realty Corporation (NYSE:CLI) today announced the strategic sale of a 10-building, 1.5 million-square-foot commercial portfolio in Morris County, NJ to a joint venture group, including Onyx Equities, Taconic Capital Advisors, L.P., Axonic Capital LLC, and Machine Investment Group for approximately $160 million. The portfolio includes nine buildings located in Parsippany, NJ and a building in Madison, NJ.