Beijing Ideal China Group Co Purchases Newark Property From Mack-Cali Realty For $93.9M

The property located at 1085 Raymond Blvd, Newark, NJ, encompasses 423,028 square feet and was sold for $93,900,000.00. This transaction took place in the Newark market.

Summary of transaction details:

• Property Type: Sale
• Transaction Amount: $93,900,000.00
• Address: 1085 Raymond BLVD, Newark, NJ, 071...
• Market: Newark
• Seller: Mack-Cali Realty
• Buyer: Beijing Ideal China Group Co
• Seller's Representatives: Joseph Garibaldi (Walker & Dunlop), Katelyn Borovsky (JLL)

This transaction involved Mack-Cali Realty as the seller, with the buyer being Beijing Ideal China Group Co. The deal was represented by Joseph Garibaldi from Walker & Dunlop and Katelyn Borovsky from JLL, highlighting the collaboration between different agencies in facilitating this property sale.