EDISON, N.J., Oct. 10, 2012 /PRNewswire/ -- Mack-Cali Realty
Corporation (NYSE: CLI) today announced that Regus, the world's
largest provider of flexible workplaces, has signed eight new
leases totaling 110,242 square feet with Mack-Cali for office space
in the Northeast, bringing the company's total leased space to
approximately 375,000 square feet.
The transactions include:
- 233 Mount Airy Road, Basking Ridge,
NJ, 16,332 square feet
- 30 Knightsbridge Road, Piscataway,
NJ, 15,512 square feet
- 999 Riverview Drive, Mack-Cali Commercenter, Totowa, NJ, 13,503 square feet
- 7 Skyline Drive, Mid-Westchester Executive Park, Hawthorne, NY, 14,811 square feet
- 5 Sentry Park West, Blue Bell,
PA, 14,112 square feet
- 400 Rella Boulevard, Suffern,
NY, 13,805 square feet
- Mack-Cali Woodbridge, 581 Main Street, Woodbridge, NJ, 12,370 square feet
- 20 Commerce Drive, Cranford Business Park, Cranford, NJ, 9,797 square feet
Regus was represented in all of the transactions by Carolyn Sica of CB Richard Ellis.
Mitchell E. Hersh, president and
chief executive officer of Mack-Cali, commented, "We're delighted
that we have forged a strategic relationship with Regus over the
last 11 years which has now resulted in Regus leasing offices in 21
locations totaling approximately 375,000 square feet. We value this
relationship and consider Regus an asset to our company."
"It is because of our long-standing alliance with Mack-Cali
Realty Corporation that we have been able to have a presence for
our customers at some of the most premier addresses along the east
coast," said Michael Berretta, vice
president, business development, Regus. "The prime locations of the
Mack-Cali properties present us with an excellent opportunity to
heighten awareness of the long-term benefits of flexible workspace
to a wide variety of companies."
Regus has proven to be an incubator for Mack-Cali's properties.
As Regus' customers grow and look to expand, they often become
tenants in the buildings where Regus help them get their start.
"They are a great business partner that I can rely to provide
great service to Regus and the clients we bring with us to their
sites," added Berretta.
About Regus
Regus is the world's largest provider of flexible
workplaces, with products and services ranging from fully equipped
offices to professional meeting rooms, business lounges and the
world's largest network of video communication studios. Regus
enables people to work their way, whether it's from home, on the
road or from an office. Customers such as Google, GlaxoSmithKline,
and Nokia join hundreds of thousands of growing small and medium
businesses that benefit from outsourcing their office and workplace
needs to Regus, allowing them to focus on their core
activities.
Over a million customers a day benefit from Regus facilities
spread across a global footprint of 1,200 locations in 550 cities
and 95 countries, which allow individuals and companies to work
wherever, however and whenever they want to. Regus was founded in
Brussels, Belgium in 1989, is
headquartered in Luxembourg and
listed on the London Stock Exchange.
For more information, visit www.regus.com.
About Mack-Cali Realty Corporation
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 276 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,"
"potential," "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.
Contacts:
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Barry
Lefkowitz
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Ilene
Jablonski
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Executive
Vice President
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Vice
President of Marketing
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and Chief
Financial Officer
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Mack-Cali
Realty Corporation
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Mack-Cali
Realty Corporation
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(732)
590-1000
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(732)
590-1000
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SOURCE Mack-Cali Realty Corporation