Those renovations will include new main entrances and enhancedentry points, as well as a new 105-seat cafeteria, new food kiosks,common area renovations and an upgraded executive parking garage.The makeover is expected to be completed by late summer; the pricetag hasn't been released. Existing features include two full-heightatriums, a dual power feed and back-up power to a portion of thebuilding.

"Our strategy when we acquired this property from AT&T wasto be able to accommodate multiple corporate users in a centralizedMorris County location," Hersh says. "These renovations will allowus to accomplish that objective."

As reported by GlobeSt.com,Kemble Plaza II, located at 412 Mt. Kemble Rd., re-enteredMack-Cali's portfolio in 2004 as part of a 13-building transactionwith AT&T involving a complicated series of sale-leasebacks.Mack-Cali had sold the three-story asset to AT&T in 2000, andas part of the re-acquisition signed a one-year leaseback agreementwith the telecom giant.