Mack-Cali Realty Corp. recently announced that a major international bank has leased 228,193 square feet at Harborside Financial Center Plaza 1 on the Jersey City, N.J., waterfront. The lease, which carries a term of 10 years and six months, consists of a renewal of 90,000 square feet and an expansion of 138,193 square feet.
Neither the bank’s identity nor the value of the transaction was disclosed.
Harborside Plaza 1, a 400,000-square-foot, class A office building located at Harborside Financial Center, was 79.3 percent leased at the time of the transaction. A modernization project was completed at the building earlier in the year.
Mack-Cali Realty Corp. is a self-administered, self-managed real estate investment trust operating in the Northeast.