Company Overview
Mack-Cali Realty Corporation (NYSE: CLI) is one of the country's largest real estate investment trusts (REITs) and a dominant owner, manager and developer of class A office and office/flex buildings in its core Northeast and Mid-Atlantic markets. Mack-Cali is known for its award-winning property management, premier office properties, and credit-quality tenant base. An investment grade-rated company, Mack-Cali has been a publicly traded REIT since 1994. The Company adheres to the conservative financial principles of modest leverage, strong debt service coverage ratios, and a high ratio of debt-free assets. Mack-Cali's overall corporate strategy is to expand its critical mass in high-barrier-to-entry markets in the Northeast and Mid-Atlantic regions.