Cali Realty Corporation
1994 Cali acquired Harborside, a waterfront office complex with buildable land, in 1996.
In August 1994, Cali Associates went public as Cali Realty Corporation, a real estate investment trust (REIT) trading on the New York Stock Exchange (NYSE: CLI). With access to the capital markets, Cali Realty was able to aggressively grow its portfolio and expand its Northeast presence through several significant, accretive acquisitions.
The Company expanded its presence in its core New Jersey market, acquiring several properties and portfolios, including Harborside on the Jersey City Waterfront. Cali also expanded into the adjacent suburban Philadelphia market through property acquisitions.