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Mack-Cali Sells Princeton Office Building to Joint Venture

REIT Continues Divestiture of Suburban Properties
The office property at 500 College Road E in Princeton will be undergoing $4 million in improvements. (Bergman Real Estate Group)
The office property at 500 College Road E in Princeton will be undergoing $4 million in improvements. (Bergman Real Estate Group)
CoStar News
January 9, 2021 | 1:32 P.M.

Mack-Cali Realty has kicked off the new year by divesting another suburban office property, selling a Princeton, New Jersey, building to a joint venture that plans a $4 million upgrade of the site.

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