Mack-Cali Announces ENERGY STAR Designation for Union County Property

10/25/2011 Category: Miscellaneous

Edison, New Jersey—October 25, 2011—Mack-Cali Realty Corporation (NYSE: CLI) today announced the awarding of the prestigious ENERGY STAR designation to 20 Commerce Drive, Cranford Business Park in Cranford, New Jersey. The ENERGY STAR award, given by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy, is the national symbol for superior energy performance.

Qualified commercial buildings may earn the ENERGY STAR rating, the same as new homes or household appliances, by meeting stringent EPA performance standards that require utilizing less energy and releasing less greenhouse gas into the atmosphere. On average, these facilities use 35 percent less energy and emit 35 percent less carbon dioxide than their peers. Only commercial buildings and industrial plants in the top 25 percent of facilities in the nation for energy efficiency may qualify for this rating.

20 Commerce Drive earned the ENERGY STAR designation by strictly adhering to Mack-Cali’s “Building Best Operating Practices.” Management continues to pursue energy-reducing renovations such as energy-efficient lighting system upgrades, energy-efficient water fixture installations, control system upgrades, and optimized HVAC preventive maintenance scheduling.

Mitchell E. Hersh, Mack-Cali president and chief executive officer, commented, “We are pleased that this premier property is the recipient of this designation. We remain committed to energy-efficient operations and expect to add more properties to this prestigious list.”

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 278 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 32.4 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of over 2,000 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.