Mack-Cali Announces ENERGY STAR Rating Awarded for Two Westchester County Properties
01/06/2011 Category: Miscellaneous
Edison, New Jersey—January 6, 2011—Mack-Cali Realty Corporation (NYSE: CLI) today announced that two Westchester County, N.Y. properties – 1 Executive Boulevard in South Westchester Executive Park in Yonkers, and 570 Taxter Road in Elmsford – have received ENERGY STAR designations. These awards, given by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy, are the national symbol for superior energy performance.
Commercial buildings that earn the ENERGY STAR use an average of 35 percent less energy than typical buildings and also release 35 percent less carbon dioxide into the atmosphere. Only commercial buildings and industrial plants in the top 25 percent of facilities in the nation for energy efficiency qualify for this rating.
The four-story, 112,000-square-foot, 1 Executive Boulevard was re-certified after initially receiving this status in 2009. The building continues to use monthly physical systems checklists, the Johnson Controls building management system, and ongoing preventative maintenance measures to keep the building running efficiently.
570 Taxter Road, a six-story, 75,000-square-foot office building, earned this first time designation, in part, by ongoing preventative maintenance measures, the use of an Andover Controls building management system, and monthly physical systems checklists.
Mitchell E. Hersh, Mack-Cali president and chief executive officer, commented, “We are pleased to add these buildings to our growing list of properties that have earned the ENERGY STAR. 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 277 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 32.2 million square feet. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,100 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.