EDISON, N.J., Jan. 29, 2016 /PRNewswire/ -- Mack-Cali Realty
Corporation (NYSE: CLI) today announced that Ascensia Diabetes Care
US, Inc., a leader in blood glucose monitoring that is owned by
Panasonic Healthcare Holdings Co., Ltd. and leading global
investment firm KKR, will bring their U.S. headquarters to 5 Wood
Hollow Road in Parsippany, New
Jersey. Ascensia signed a lease for 43,534 square feet for
over 10 years. The award-winning Mack-Cali property is a 317,040-square-foot,
three-story, class A office building in Morris County with easy highway access, a
sophisticated infrastructure, and outstanding amenities. Ascensia
joins AIG, Coyne PR, Groupe SEB, The MI Group, and Decision
Resources to bring this trophy asset to 98.6 percent
leased.
"This building is the ideal home for Ascensia's U.S.
headquarters, providing all the conveniences and services a company
of this significance needs," said Christopher DeLorenzo, Mack-Cali executive vice president of leasing.
"Mack-Cali's strategic plan
focuses on our core properties like 5 Wood Hollow Road that bring
together premier office space, ideal transportation options, and
the amenities to create workplaces where employees want to
work."
Strategically located and beautifully renovated, 5 Wood
Hollow Road is LEED Gold certified by the U.S. Green Building
Council. It is located at the nexus of I-287 and I-80, with I-280,
and routes 202, 46, and 10 all nearby, giving tenants easy
commuting access.
The building boasts a range of amenities including a
contemporary, three-story renovated atrium lobby, an on-site,
full-service cafeteria with indoor and outdoor seating,
complimentary Wi-Fi available in the cafeteria and its adjacent
public meeting rooms, as well as on-site property management. The
building is wired with fiber optics for high-speed connectivity and
features a recently upgraded high-efficiency HVAC system. In
addition, further 2016 planned upgrades include a new,
state-of-the-art fitness center and renovated cafe and conference
center.
"Bringing a company like Ascensia to our township is
validation of the business-friendly environment we are cultivating
here that brings a significant and positive economic impact," said
Parsippany Mayor James R. Barberio. "We welcome the new jobs and
look forward to Ascensia calling Parsippany home for a long time to
come."
Ascensia was represented in the transaction by
Roby Bull and Steven Rotter, both of Jones Lang LaSalle. Mack-Cali was represented in-house by Brian Decillis, vice president of
leasing.
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, and other
tenant-related services for its two-platform operations of
waterfront and transit-based office and luxury multi-family assets.
Mack-Cali owns or has interests in
276 properties, consisting of 148 office and 109 flex properties
totaling approximately 30 million square feet and 19 multi-family
rental properties containing approximately 5,700 residential units
and a pipeline of 10,000 units, all located in the Northeast.
Mack-Cali strives to provide its
tenants and residents with the most innovative communities that
empower them to re-imagine the way they work and live.
Additional information on Mack-Cali Realty Corporation and
the commercial real estate properties and multi-family residential
communities available for lease can be found 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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Ilene
Jablonski
|
John
Gallagher
|
|
Mack-Cali Realty
Corporation
|
Mercury Public
Affairs
|
|
Vice President of
Marketing
|
(212)
681-1380
|
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(732)
590-1528
|
jgallagher@mercuryllc.com
|
|
ijablonski@mack-cali.com
|
|
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SOURCE Mack-Cali Realty Corporation