Mack-Cali Honors Westchester And Connecticut Brokers

04/05/2006 Category: Miscellaneous

Budd Wiesenberg of CB Richard Ellis Receives Broker of the Year Award

Cranford, New Jersey—April 5, 2006—Mack-Cali Realty Corporation (NYSE: CLI) today announced that it has presented its 2005 Westchester/Connecticut Broker Hall of Fame Awards at a reception held recently at the Westchester Country Club in Rye, New York.

Budd Wiesenberg of CB Richard Ellis was named Mack-Cali's Broker of the Year for Westchester and Connecticut.

Other top honorees included:

  • Patrick Murphy, Carl Eriksen, Linda Dow, Jon Herman, Hilarie Siles and William Cuddy of CB Richard Ellis, Largest Office Deal.
  • John Hannigan and Brett Sherman of Choyce Peterson, Inc., Largest Flex Deal.
  • Leo Paytas of Trammell Crow Company, Most Creative Deal.
  • Richard Leroy of Delphi Commercial Properties, Scott Benson of Benson Commercial Real Estate, Howard Greenberg of Howard Properties, Ltd., and David Richman of Rakow Commercial Realty, Most Deals by an Individual or Team (tie).

Mitchell E. Hersh, president and chief executive officer of Mack-Cali, commented, "We're pleased to honor these award recipients for their outstanding efforts and accomplishments throughout the past year. We look forward to continuing our successful partnership with the brokerage community."

In New York and Connecticut, where Mack-Cali owns or has interests in 82 office properties totaling almost 6.2 million square feet, the Company completed over 1.1 million square feet of leasing transactions during 2005.

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 277 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 30.9 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,300 tenants. Additional information on Mack-Cali Realty Corporation is available on the Company's website at www.mack- cali.com.