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New York-Based Partnership Acquires 4 Million SF Caterpillar Campus

John Jordan | March 13, 2020

The deal for the 350-acre campus also features a sale-leaseback component with Deerfield, IL-based Caterpillar Inc. The construction equipment manufacturer plans to keep approximately 500 of the company's employees on site and will lease back an office building along with a portion of adjacent industrial space.

Bow Street Calls for Removal of Mack-Cali CEO

John Jordan | March 13, 2020

Bow Street, a New York City-based investment firm that owns approximately 4.5% of the outstanding shares of common stock of Mack-Cali Realty Corp., is also calling for the election of four additional new directors to the Mack-Cali Board of Directors.

Provident Financial to Merge with SB One Bancorp in $208.9M Deal

John Jordan | March 13, 2020

The deal with SB One Bancorp, the parent of Paramus, NJ-based SB One Bank, would broaden Provident's operations in both New Jersey and New York State. The combined organization will have approximately $12 billion in assets and will rank as the third largest bank headquartered in New Jersey.

Savills Acquires Project Management Firm Macro Consultants

Mariah Brown | March 13, 2020

Savills has acquired Macro Consultants, a project management firm that oversees capital projects, including relocations, expansions and modernizations nationally. The acquisition bulks up Savills existing advisory and management platform to offer leaner services to its clients.