Mack-Cali Realty Corp., a real estate firm, announced it has completed the $50 million capital transformation of its suburban New Jersey office property portfolio.
The upgrades in properties throughout Parsippany, Short Hills, Metropark and Red Bank include new building exteriors, amenities and the modernization of common areas. The company also redesigned the building lobbies and entryways, upgraded finishes, added new onsite dining options, upgraded conference centers and added new tenant fitness centers.
“While the capital improvements have undoubtedly created modern and aesthetically-pleasing workplaces for tenants, our true goal in this initiative was to enhance every touchpoint of the employee experience in a way that has an impact beyond just the physical aspects of the buildings,” Michael J. DeMarco, CEO of Mack-Cali, said. “Based on conversations that we’ve had with tenants since completing the upgrades, it’s clear that we’ve been successful in transforming these properties into better places to work, where employees enjoy spending their days.”
HLW International, Studio 1200, Rotwein + Blake, Joshua Zinder and TPG Architects all served in part on various revnovations.
The properties that received upgrades include:
- Sylvan Way, Parsippany;
- 8 and 9 Campus Drive, Parsippany;
- 5 Wood Hollow, Parsippany;
- River | Centre, Red Bank;
- 333 and 343 Thornall, Metropark;
- 581 Main St., Woodbridge;
- 150 JFK, Short Hills;
- 3 Giralda Farms, Madison.