Apr
03
HFF’s Two-Fer in $368M NJ Office Deal
ByWorking on behalf of Mack-Cali Realty, the firm arranged the record-breaking sale and procured financing for three of the six buildings included in the 1.1 million-square-foot disposition.
Short Hills, N.J.—As part of a major office portfolio transaction in which it represented the seller, HFF also secured $124.5 million in financing for a big chunk of the deal, HFF announced late last week.
The portfolio sale, as Commercial Property Executive reported in March, totaled about 1.1 million square feet and sold for $368 million, making it one of the biggest office portfolio deals in New Jersey’s history…