Transactions reported this week include an office portfolio and an office in Philadelphia.
Mack-Cali Realty Corp. sold a 56-building, 3.1 million-square-foot office/flex portfolio for $487.5 million. The buyer was an affiliate of the Robert Martin Co.
And Silverstein Properties, Arden Group and Migdal Insurance, Israel’s leading insurance company and pension and provident fund manager purchased 1735 Market St., a 1.3 million-square-foot, 54-story trophy class A office building in Philadelphia.
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