Mack-Cali Honors Suburban Philadelphia Brokers

04/17/2008 Category: Miscellaneous

Shelley Wolf Harris of GVA Smith Mack Receives Distinguished Service Award

Edison, New Jersey—April 17, 2008—Mack-Cali Realty Corporation (NYSE: CLI) today announced that it presented its 2007 Suburban Philadelphia broker awards at a luncheon held April 15 at The Kimmel Center for the Performing Arts in Philadelphia.

Shelley Wolf Harris, senior director of GVA Smith Mack, was the recipient of Mack-Cali's Distinguished Service Award.

Other honorees included:

  • Valerie Fontaine of Equis Corporation, Largest Office Deal—Suburban Philadelphia.
  • The team of Jay Sholl, Jon Sarkisian, Anthony Livecchi and Brian Saggiomo of CB Richard Ellis, Largest Flex Deal—Suburban Philadelphia.
  • The team of Mark Gola and Rod Neary of Gola Corporate Real Estate, Most Deals by an Individual or Team—Pennsylvania.
  • The team of Jon Sarkisian, Anthony Livecchi and Brian Saggiomo of CB Richard Ellis, Most Deals by an Individual or Team—Southern NJ.
  • Jerry McGarry of GVA Smith Mack, Appreciation Award.

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 an exciting 2008, as we continue our partnership with the brokerage community and pursue new growth opportunities for our company."

In Suburban Philadelphia and Southern New Jersey, Mack-Cali owns 48 office and office/flex properties totaling over 3.5 million square feet.

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

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.