Mack-Cali Honors Westchester And Connecticut Brokers

03/22/2007 Category: Miscellaneous

Christopher O'Callaghan of Cushman & Wakefield Receives Broker of the Year Award

Edison, New Jersey--March 22, 2007--Mack-Cali Realty Corporation (NYSE: CLI) today announced that it has presented its 2006 Westchester/Connecticut Broker Hall of Fame Awards at a reception held recently at the Westchester Country Club in Rye, New York.

Christopher O'Callaghan of Cushman & Wakefield, Inc. was named Mack-Cali's Broker of the Year for Westchester and Connecticut.

Other honorees included:

  • Paul Jacobs and Colin Reilly of CB Richard Ellis, Most Deals by an Individual or Team.
  • John Goodkind of Newmark Knight Frank, Largest Office Deal.
  • Joe Di Scala of Alliance Partners, Largest Flex Deal.
  • William Cuddy, Budd Wiesenberg and Kevin Langtry of CB Richard Ellis, Most Creative Deal.
  • David Richman of Rakow Commercial Realty Group, Most Registered Leads.
  • Todd Glazer and Brian Soss of Delphi Commercial Properties, Newcomers of the Year.

Mitchell E. Hersh, president and chief executive officer of Mack-Cali, commented, "We're pleased to honor these award recipients and their firms for their outstanding achievements. We look forward to continuing our successful partnership with the brokerage community and to an exciting year in 2007."

In New York and Connecticut, where Mack-Cali owns or has interests in 81 office properties totaling over 6.0 million square feet, the Company completed over 1.0 million square feet of leasing transactions in 2006. Company-wide over 4.4 million square feet of leasing transactions were completed during the year.

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 300 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 34.3 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.