"We're delighted that Alpharma has chosen this location for itsheadquarters relocation," Mitchell Hersh, president and CEO ofMack-Cali, tells GlobeSt.com. "This transaction demonstrates ourcommitment to building value by securing long-term leases withcredit-quality tenants."

Ron Ganter and Tom Giannone of Cushman & Wakefield of NewJersey, East Rutherford, represented Alpharma, while Diane Chayes,in-house vice president of leasing, represented Mack-Cali. Terms ofthe deal were not disclosed, but available space in the building iscurrently listed on Mack-Cali's web site with an asking price of$25.50 to $27.50 per sf.

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