Nonprofit Inks Long-Term Deal in Mack Cali's 125 Broad
October 4, 2010
By: Laura Kusisto

The AIDS Vaccine Initiative will cozy up with some friendly neighbors at 125 Broad Street. The nonprofit will take 37,404 square feet in the building for 15 years....

... "The building's premier location and quality are consistent with the noble efforts of this preeminent organization," said Mitchell E. Hersh, president of building owner Mack-Cali. Whatever that means, the building has managed to attract some of the city's nicer tenants. They include the American Civil Liberties Union and Sullivan & Cromwell (we're told it's a laid-back place by law-firm standards).

Marc R. Shapses, Jason Schwartzenberg and Joseph Messina of Studley represented the tenant. CB Richard Ellis represented the landlord.

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