EDISON--Mack-Cali Realty Corporation has signed new leases totaling 104,213 sf at two of its properties.
Herzfeld & Rubin, P.C., a full-service global law firm specializing in all phases of litigation, is relocating its corporate headquarters to 125 Broad Street in Downtown Manhattan. The firm signed a 56,322-sf lease with a 20-year term.
Mack-Cali owns condominium interests totaling 524,476 sf, or 39.6 percent, of the class A office tower. Mack-Cali’s ownership interests in the building are 100 percent leased. The tenant was represented by Marc R. Shapses, Joseph J. Messina, and Jason Schwartzenberg of Studley.
In addition, Mack-Cali signed a new 12-year lease for a full floor consisting of 47,891 sf at One Sylvan Way, Mack-Cali Business Campus in Parsippany, with Global Aerospace, Inc., to serve as the U.S. headquarters for the aerospace insurer. The tenant was represented by Kenneth Flynn, Jr. of Jones Lang LaSalle.
Global Aerospace is taking space just vacated by Wyndham Worldwide Operations, which has moved its corporate headquarters to 22 Sylvan Way—a recently completed 250,000-sf building that was developed for the firm by Mack-Cali Realty Corporation and that is also located in the Mack-Cali Business Campus.
Mack-Cali Realty Corp.
www.mack-cali.com
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