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Mack-Cali Realty Corp. (CLI)

- NYSE
  • Oct. 9, 2012, 3:57 PM
    Mack-Cali Realty (CLI +2%) agrees to buy certain assets from Roseland Partners for ~$134M, as the REIT looks to diversify its portfolio. CLI will buy Roseland's real estate development and management businesses, as well as interests in six operating multifamily properties, one condo-residential property and four commercial properties.
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Company Description
Mack-Cali Realty Corp along with its subsidiaries is a self-administered, self-managed real estate investment trust. It provides leasing, management, acquisition, development, construction and tenant-related services.
Sector: Financial
Industry: REIT - Office
Country: United States