Linda Moss

Reporter, New Jersey

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>A former bank complex that Essex County, New Jersey, purchased from Mack-Cali Realty will undergo a $15 million renovation to serve as the new headquarters for a consolidated county Division of Family Assistance and Benefits.</p></div></div>

United States

Development

Mack-Cali Sold Property Tagged for Consolidation of Family Assistance Division This Year for $26 Million

County to Renovate Former Newark, New Jersey, Bank Complex

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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County to Renovate Former Newark, New Jersey, Bank Complex

Mack-Cali Sold Property Tagged for Consolidation of Family Assistance Division This Year for $26 Million

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