Mack-Cali Realty Corp. Sells Industrial Park in Elmsford, New York for $70.2M

by David Cohen

ELMSFORD, N.Y. — Mack-Cali Realty Corp. has sold the Elmsford Distribution Center in Elmsford for $70.2 million. The six-building, 386,000-square-foot industrial park is located at 1-6 Warehouse Lane in Elmsford, approximately 22 miles north of Manhattan. Jose Cruz, Jordan Avanzato and Marc Duval of HFF represented Mack-Cali in the transaction. Realterm Logistics, an owner and manager of logistics facilities, acquired the property.

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