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Grocery-anchored retail center in North Jersey sells for $46M

Grocery-anchored retail center in North Jersey sells for $46M
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West New York, Mack-Cali officials cut ribbon at the Capstone at Port Imperial

West New York, Mack-Cali officials cut ribbon at the Capstone at Port Imperial Photo courtesy of Gerald Vitiello. By Daniel Ulloa/Hudson County View The 330-unit, 11-story building is a 17-minute walk from the nearest light rail station. Chair of Roseland Residential Trust, a Mack-Cali subsidiary, Marshall Tycher noted that the ribbon cutting was delayed due to the COVID-19 pandemic. “People have been living in this building through tremendously difficult times,” he said. Tycher noted 220 units, or about two-thirds of the building, has been rented out already. He also thanked PNC, Providence, and TD Banks for providing capital for the project.

Mack-Cali rids Monmouth properties, sells Middletown River Centre

Mack-Cali rids Monmouth properties, sells Middletown River Centre
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Mack-Cali sells Red Bank office portfolio for $84M

Mack-Cali sells Red Bank office portfolio for $84M
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