Thompson Creek Window Company and Chesapeake Real Estate Group, LLC acquired part of a 122,000-square-foot building at 4200 Parliament Place in Lanham and a parcel of land from Mack-Cali Realty Corporation.
January 18, 2017
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Thompson Creek Window Company and Chesapeake Real Estate Group, LLC acquired part of a 122,000-square-foot building at 4200 Parliament Place in Lanham and a parcel of land from Mack-Cali Realty Corporation (NYSE:CLI) on January 19, 2017. In related transaction, Thompson Creek Window acquired remaining portion of 122,000-square-foot building at 4200 Parliament Place in Lanham from Mack-Cali. Combined deal consideration is $6.3 million. Thompson Creek will use its portion of building as its new headquarters.
Thompson Creek Window Company and Chesapeake Real Estate Group, LLC completed the acquisition of part of a 122,000-square-foot building at 4200 Parliament Place in Lanham and a parcel of land from Mack-Cali Realty Corporation (NYSE:CLI) on January 19, 2017.
Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, and develops multifamily rental properties located primarily in the Northeast, as well as a portfolio of non-strategic land and commercial assets. The Company operates through two segments: multifamily real estate and services and commercial and other real estate. The Company provides property management, leasing, acquisition, development, construction and tenant-related services for its multifamily real estate portfolio and commercial and other real estate located in the United States. The Company owns and has interests in 24 multifamily rental properties as well as non-strategic assets comprised of one office property, four parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings that reflect its commitment to sustainability.
Thompson Creek Window Company and Chesapeake Real Estate Group, LLC acquired part of a 122,000-square-foot building at 4200 Parliament Place in Lanham and a parcel of land from Mack-Cali Realty Corporation.