Mack-Cali Realty Corp. announced that New Cingular Wireless PCS LLC, a subsidiary of Cingular Wireless, has signed leases totaling 456,190 square feet at three New Jersey office properties.
The total value of the transactions was not disclosed.
The leases consist of:
- A renewal for the entire 259,823-square-foot, class A office building at Mack-Cali Centre VII at 15 East Midland Ave. in Paramus. The lease carries a term of six years and nine months.
- A 123,982-square-foot renewal for six years and nine months at Mack-Cali Centre III in Paramus. The 239,680-square-foot class A office building, located at 140 East Ridgewood Ave., was 100 percent leased at the time of the transaction.
- A new lease for 72,385 square feet for eight years and seven months at 5 Wood Hollow Road in Parsippany. The 317,040-square-foot, class A office building was 100 percent leased at the time of the transaction.
Mack-Cali Realty Corp. is a self-managed real estate investment trust.
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