Cali Futures LLC Information

Cali made its first major foray into office development in 1969 with completion of the 63,000-square-foot 13 Commerce Drive in Cranford, NJ. While most new office development activity was taking place in East Orange, NJ., Cali opted to go to a more outlying area and began to build on what is now the 880-acre Cranford Business Park. Today, the site contains six Class A Cali buildings totalling 500,000 square feet. The Cali organization, led by brothers John and Angelo Cali, long-time business associate and friend Edward Leshowitz, and the Cali brothers' sons, John R. and Brant Cali, completed a number of significant new office developments in the Garden State and emphasizd its personal approach to tenant relations. At its signature International Financial Tower on the Hudson River waterfront in Jersey City, for instance, not only did Cali secure a 50% prelease of the building from the Pershing Division of New York City-based Donaldson, Lufkin, Jenrette Securities Corporation, it also attracted NTT Data Communications Systems Corporation's first data center ever built outside of Japan. Between 1970 and 1990, Cali Associates focused on suburban office development, building over 2.2 million square feet of class A office space in New Jersey. The company became well known for its high-quality construction and property management. Reflecting this reputation, Cali Associates won numerous development awards including seven "New Good Neighbor" awards and two "Developer of the Year" awards presented by the New Jersey Chapter of the National Association of Industrial and Office Properties (NAIOP). Known as the Clocktower Building, Cali's Cranford N.J. development was the 176,600 sq.-ft. 20 Commerce Drive. Some of the trophy buildings the company developed included: 101 Eisenhower Parkway in Roseland, NJ, 50 Tice Boulevard in Woodcliff Lake, NJ, International Financial Tower in Jersey City, NJ and 20 Commerce Drive in Cranford, NJ.