Mack-Cali Announces Promotions

09/26/2005 Category: Miscellaneous

Cranford, New Jersey—September 26, 2005—Mack-Cali Realty Corporation (NYSE: CLI) today announced that it has promoted the following employees:

  • Diane Chayes, vice president, leasing, is responsible for the leasing efforts of the Company's Central New Jersey region, including properties in Morris, Monmouth, Mercer, Somerset, Middlesex, Union and Essex counties. Employed with Mack-Cali since 2000, Chayes has held positions in leasing as director, senior director and managing director. Previously she served as senior vice president at Bender and Company.
  • Christopher DeLorenzo, vice president, leasing, is responsible for the leasing efforts of the Company's Northern New Jersey and Rockland County region, including properties in Hudson, Bergen, Passaic and Rockland counties. DeLorenzo has been employed with Mack-Cali since 1998 and has held positions in leasing as associate director, director, senior director and managing director. He previously served as a real estate broker for Peter Elliot, LLC; a research analyst at Cushman Wakefield; and a property tax analyst for the Stark Discovery Group.
  • Jeffrey Warner, vice president, leasing, is responsible for the leasing efforts of the Company's portfolio in the New York and Connecticut region, including properties in Dutchess, Westchester and Fairfield counties. Warner joined the Robert Martin Company, a predecessor company of Mack-Cali, in 1989 and has held positions in leasing as representative, director, senior director and managing director.
  • Lawrence Reiss, senior associate general counsel, is responsible for the Company's legal review of leasing transactions for the New York and Connecticut region. Prior to joining Mack-Cali in 1999 as associate general counsel, Reiss served as partner at Cuddy & Feder & Worby, LLP.

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 owns or has interests in 271 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 30.2 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,100 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," "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.