Mack-Cali Sells off 51 Imclone Drive in Branchburg, NJ

Mack-Cali Sells off 51 Imclone Drive in Branchburg, NJ

EDISON, NJ—In its ongoing strategy to dispose certain properties in its portfolio in order to pick up investments that offer strategic growth opportunities, Mack-Cali Realty Corp. has sold 51 Imclone Drive in Branchburg, N.J.

The property, a single-tenant, two-story building, contains 63,213 sq. ft. of space and changed hands for approximately $6.2 million.

Mack-Cali provides management, leasing, development, construction and other tenant-related services for its class-A real estate portfolio and owns or has interests in 273 properties.

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