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Home > Company Index > Real Estate > REIT - Office > Mack-Cali Realty Corporation

Mack-Cali Realty Corporation
NYSE: CLI
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 NEWS FROM THE WIRES
Mack-Cali second quarter FFO flat
Aug 09 2001 06:30 AM PDT

Mexico stocks up modestly on healthy earnings reports
Jul 26 2001 10:42 AM PDT

Insurer Clarica posts record second-quarter profit
Jul 26 2001 09:25 AM PDT

More WIRE STORIES about this company

 PROFILE
Mack-Cali Realty is a real estate investment trust (REIT) that owns, leases, and manages office and industrial buildings in the Northeast. Its portfolio consists primarily of Class A office and office/flex buildings but also includes industrial properties, warehouses, apartments, and stand-alone retail properties. Mack-Cali's holdings include more than 260 properties, most heavily concentrated in New Jersey and New York but spanning about a dozen states overall. The REIT's largest tenants include AT&T, Allstate, IBM, Nabisco, and Toys "R" Us. Mack-Cali has dropped its plan to acquire Prentiss Properties Trust and decided to jettison properties outside of its northeastern stronghold.

 COMPETITION
Brandywine Realty Trust (BDN)
Glenborough Realty Trust Incorporated (GLB)
Reckson Associates Realty Corp. (RA)

 DEALS
Deal: Workspeed Raises $15 Million
Date Announced: 05.23.01
Value of transaction (US $Mil): 15
Description: Developer of wireless applications for the commercial real estate industry closes its second round of venture funding.

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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 661.50
1-Yr. Sales Growth: 19.5%
Employees: 400
Revenue per employee: $1,653,750.00

 KEY PEOPLE
• Mitchell E. Hersh
    CEO
• Barry Lefkowitz
    CFO

 CONTACT INFO
11 Commerce Dr.
Cranford, NJ 07016
US
Phone: 908-272-8000
Fax: 908-272-6755
Online: Web Site

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