The Birch Group Acquires Short Hills Office For $255M

The office property located at 51, 101, 103 & 150 JFK Parkway in Short Hills, NJ has been sold for a total price of $255,000,000. The property spans an area of 843,300 square feet with a price per square foot of $302. This transaction took place on April 20, 2021.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $255,000,000
• Address: 51, 101, 103 & 150 JFK Parkway, Short Hills, NJ
• Market: Short Hills, NJ
• Buyer: The Birch Group represented by Mark Meisner of The Birch Group NY
• Seller: Mack Cali represented by Ricardo Cardoso and Mahbod Nia
• Brokers: Andy Merin, David Bernhaut, Adam Spies, Kevin Donner, and Doug Harmon represented by Cushman & Wakefield
• Square Footage: 843,300
• Price per Square Foot: $302

The buyer in this transaction is The Birch Group, represented by Mark Meisner from The Birch Group NY. The seller is Mack Cali, represented by Ricardo Cardoso and Mahbod Nia. The deal was facilitated by brokers Andy Merin, David Bernhaut, Adam Spies, Kevin Donner, and Doug Harmon from Cushman & Wakefield.