Mack-Cali Building Receives NJBIA New Good Neighbor Award

06/09/2008 Category: Miscellaneous

Hamilton Township Building was Developed for AAA Mid-Atlantic

Edison, New Jersey—June 9, 2008—Mack-Cali Realty Corporation (NYSE: CLI) announced that 700 Horizon Drive in Hamilton Township, New Jersey has received a 2008 New Good Neighbor Award from the New Jersey Business and Industry Association ("NJBIA").

The 120,000 square-foot class A office building was developed for AAA Mid-Atlantic in 2007, and is located at Mack-Cali's Horizon Center Business Park. AAA Mid-Atlantic pre-leased the building, also known as the AAA Operations Center, for a 15-year term.

The award, which is based on economic benefit, job creation, architectural merit and community involvement, was presented at the NJBIA New Good Neighbor Awards Luncheon on June 6 at the Sheraton at Woodbridge Place in Iselin, New Jersey.

Mitchell E. Hersh, president and chief executive officer of Mack-Cali, commented, "Mack-Cali continues to be the preferred landlord of many great companies, while also striving to be a good neighbor in the communities where we operate. We are proud to be recognized, along with AAA Mid-Atlantic, for making a positive contribution to the state and community with this new class A office development."

Fletcher Thompson was the architect and Jeffrey M. Brown was the general contractor on the development.

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

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