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Mack-Cali sells office property for $18M

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Mack-Cali announced today the sale of its commercial office property at Liberty Corporate Center, in the Basking Ridge section of Bernards. The sale, for about $18 million, included 133,000 square feet of office space at 106 Allen Road.

The building was sold to the Silverman Group. The four-story structure is now part of a cluster owned by Silverman, including 150 and 110 Allen Road, located at Exit 33 of I-78.

Related: With 3rd acquisition, Silverman Group launches strategy to market Bernards

Write to the Editorial Department at editorial@njbiz.com

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