Mack-Cali Announces New Leases at Westchester Property

06/14/2007 Category: Leasing and Development

Edison, New Jersey—June 14, 2007—Mack-Cali Realty Corporation (NYSE: CLI) today announced two new leases at 5 Skyline Drive in Hawthorne, New York.

  • MetroPCS New York, LLC, a wireless telecommunications provider, leased 34,870 square feet for approximately 10 years. Bill Peters of the Staubach Company represented the tenant. Mack-Cali was represented in-house by Ivan Abry, director of leasing, and Jeffrey M. Warner, vice president of leasing.
  • Conri Services, Inc., a fulfillment distributor, leased 21,222 square feet for 11 years. Mack-Cali was represented in-house by Louis Amalfitano, director of leasing, and Jeffrey M. Warner.

Located at Mid-Westchester Executive Park, 5 Skyline Drive is a 124,022 square-foot office/flex building that is 100 percent leased.

Warner commented, "We're delighted to welcome these tenants to this exceptional business park. Mid-Westchester Executive Park continues to offer diverse businesses an excellent location along the Route 9A corridor as well as a wealth of amenities."

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 302 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 34.8 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,200 tenants.

Additional information on Mack-Cali Realty Corporation is available on the Company's website at

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," "plan," "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 heading "Disclosure Regarding Forward-Looking Statements" and "Risk Factors" in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q, which are incorporated herein by reference. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.