Seeking Alpha

Mack-Cali sells Rockland office property for $28.3M

  • Mack-Cali (CLI) sells its sole Rockland County, NY asset, a 75.8% leased 195K square foot office property, for $28.3M.
  • CEO Mitchell E. Hersh: "We look forward to redeploying the proceeds from the sale of this non-core asset into more strategic growth opportunities."
  • Source: Press release
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