News: Front Section

BOMA Building Energy Reduction Awards honored Mack-Cali Realty

According to Mack-Cali Realty Corp. 103 Carnegie Center and 5 Vaughn Dr. in Princeton, along with 14 Commerce Dr., Cranford Business Park in Cranford, have received energy reduction awards from the New Jersey Chapter of the Building Owners and Managers Association (BOMA). The awards were presented at the organization's first annual Building Energy Reduction Awards ceremony at The Newark Club in Newark. 103 Carnegie Center and 5 Vaughn Dr. received the awards based on strict adherence to Mack-Cali's "Building Best Operating Practices." Management continues to pursue energy reducing renovations such as hands-free restroom faucets, lighting motion sensors, replacing T‑12 with T-8 lighting fixtures, control system upgrades, as well as optimizing HVAC PM scheduling. In addition to ongoing "Building Best Operating Practices," energy conservation efforts at 14 Commerce Dr. benefited from the implementation of a building automation system (BAS) to efficiently control the building's HVAC systems, as well as a parking lot lighting system upgrade. Management is dedicated to continuing improvements to reduce energy use and to ensure that existing equipment performs at a high level of efficiency. Mitchell Hersh, Mack-Cali president and chief executive officer, said, "These awards are excellent demonstrations of our continuing commitment to upholding the highest standards for the management of Mack-Cali's office properties." Mack-Cali 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.
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