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Mack-Cali Sells Paramus Office to Joint Venture

Deal Represents REIT's Latest Divestment of Older Suburban New Jersey Office Properties
Mack-Cali Realty sold a suburban office building in Paramus, New Jersey. Photo: Jones Lang LaSalle
Mack-Cali Realty sold a suburban office building in Paramus, New Jersey. Photo: Jones Lang LaSalle
CoStar News
July 16, 2019 | 2:37 P.M.

Mack-Cali Realty, which has been divesting many of its suburban office properties, has sold a Paramus, New Jersey, building to a joint venture between Woodbridge-based Onyx Equities and Manhattan-based Garrison Investment Group.

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