Mack-Cali Announces Lease with International Law Firm

02/28/2011 Category: Leasing and Development

Edison, New Jersey—February 28, 2011—Mack-Cali Realty Corporation (NYSE: CLI) today announced that international law firm Wilson Elser Moskowitz Edelman & Dicker LLP has signed a new 17-year, 6 month, 37,404-square-foot lease at 125 Broad Street in Downtown Manhattan.

Wilson Elser is a full-service firm with clients in the United States, Latin America, Europe, and Asia. Domestically, the firm is ranked among the top law firms identified by The American Lawyer and listed in the “Top 50” by The National Law Journal.

Mitchell E. Hersh, Mack-Cali president and chief executive officer, commented, “We are delighted to welcome this outstanding firm to 125 Broad Street. The property’s location and amenities make it one of Downtown Manhattan’s most prestigious corporate addresses, and we look forward to serving Wilson Elser’s office space needs there for many years to come.”

Howard Nottingham and John A. Mambrino, both of Studley, along with Greg Gerber of The John Buck Company, represented Wilson Elser in the lease transaction. Mack-Cali was represented by CB Richard Ellis.

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 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.