New Jersey Office Owners Targets $1 Billion in Property Sales

Rendering of Harborside in New JerseySource: Gasthalter & Co.
Lock
This article is for subscribers only.

Mack-Cali Realty Corp. is selling its portfolio of offices and hotels as it pivots to owning apartment buildings.

The Jersey City-based real estate investment trust is targeting more than $1 billion for four office buildings and two hotels in New Jersey, according to a person familiar with the matter.