Computer Sciences Corporation Renews Leases For Two Mack-Cali Office Buildings in New Jersey
Cranford, New Jersey—July 27, 2006—Mack-Cali Realty Corporation (NYSE: CLI) today announced that Computer Sciences Corporation has renewed leases for two entire office buildings at Expressway Corporate Center in Egg Harbor Township, New Jersey.
The leases, which carry five-year terms, are for 41,600 square feet at 100 Decadon Drive and 41,250 square feet at 200 Decadon Drive.
Mitchell E. Hersh, Mack-Cali president and chief executive officer, commented, "CSC has been a Mack-Cali tenant for over a decade, and we look forward to further enhancing our long-term relationship with this valuable company."
Computer Sciences Corporation (NYSE: CSC) is a global information technology company. Donna Bleiler, in-house director of leasing, represented Mack-Cali in the transaction.
Mack-Cali Realty Corporation is a fully-integrated, self-administered, self-managed real estate investment trust (REIT) providing management, leasing, development, construction and other tenant-related services for its class A real estate portfolio. Mack-Cali currently owns or has interests in 302 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 34.1 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,400 tenants. Additional information on Mack-Cali Realty Corporation is available on the Company's website at
www.mack-cali.com.
Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as "may," "will," "should," "expect," "plan," "anticipate," "estimate," "continue," or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate, and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the headings "Disclosure Regarding Forward-Looking Statements" and "Risk Factors" in the Company's Annual Reports on Form 10-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.