Mack-Cali Chalks Up 852,000 SF in Leases in NJ

Among the most recent and previously unreported signings, Jefferies & Co., an investment bank and operating subsidiary of the Jefferies Group, leased just over 48,000 sf at Mack-Cali's Harborside Financial Center Plaza 3 in Jersey City, a deal consisting of a 42,142-sf renewal and a 5,918-sf expansion. The 725,000-sf class A building is 100% leased. J.C. Giordano of the Staubach Co. and Dale Schlather of Cushman & Wakefield repped the tenant, and Mark Ravesloot of CB Richard Ellis and Mack-Cali's Jane Greenblatt repped the owner.

Coatings manufacturer Sherwin Williams Co. renewed its lease for 37,055 sf of office space at the 192,000-sf 10 Mountainview Rd. in Upper Saddle River. Linda Dow, Mindy Lissner and Christopher Olsen of CB Richard Ellis spoke for the tenant and Christopher DeLorenzo was Mack-Cali's in-house rep.

Also at 10 Mountainview Rd., investment advisory firm Trusco Capital Management Inc. signed a new lease for 27,000 sf, with DeLorenzo again serving as the owner's in-house rep.

And in Paramus, Long Beach Acceptance Corp., a provider of automotive financing, re-upped for its 34,759 sf of headquarters space at the 348,510-sf 650 From Rd. Curtis Foster of Cushman & Wakefield and John Gillespie of Newport Commercial Realty Advisors spoke for the tenant, and DeLorenzo was again Mack-Cali's in-house rep.

The latest signings follow the previously reported renewal by AT&T Corp. for 387,000 sf, representing the entire Kemble Plaza I in Morris Township, and a 90,000-sf extension with Deutsche Bank at Harborside Financial Center Plaza I in Jersey City.Mack-Cali's multi-state portfolio currently consists of 270 properties, mostly office and office/flex, totaling about 30 million sf.