Mack-Cali Appoints Jeff Salino as Leasing Director for Washington, D.C./Maryland Portfolio

08/11/2008 Category: Miscellaneous

Edison, New Jersey—August 11, 2008—Mack-Cali Realty Corporation (NYSE: CLI) today announced it has appointed Jeff Salino as leasing director for its Washington, D.C. and Maryland property portfolio. Most recently Salino was with CB Richard Ellis, serving as a real estate consultant to Verizon Communications.

In his new position, Salino will be responsible for leasing the Company's D.C. and Maryland assets, which total nearly 1.3 million square feet in 10 class A office buildings. Salino's prior experience also includes 10 years with a national pension fund advisory firm, where he was responsible for the leasing of a 1.2 million square-foot office portfolio.

Mitchell E. Hersh, president and chief executive officer, commented, "We are very pleased to add Jeff to our leasing team. We will draw on his 20 years of experience in these markets as we continue to enhance Mack-Cali's position in the metro D.C. region."

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 294 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 33.7 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 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," "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.