Cali Realty Corporation declares fourth quarter cash dividend.CRANFORD, N.J.--(BUSINESS WIRE)--December 19, 1996--Cali Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Corporation (NYSE NYSE See: New York Stock Exchange :CLI (1) (Call Level Interface) A database programming interface from the SQL Access Group (SAG), an SQL membership organization. SAG's CLI is an attempt to standardize the SQL language for database access. ) today announced its fourth quarter cash dividend of $0.45 per share (an indicated annual rate of $1.80 per share) for the period October 1, 1996 through December 31, 1996. The dividend will be paid on January 21, 1997 to shareholders of record as of January 6, 1997. Cali Realty Corporation is a self-administered, self-managed real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) providing leasing, management, acquisition, development, construction and tenant-related services for its portfolio. The Company owns 58 properties, primarily class A office and office/flex buildings, totaling approximately 7.4 million square feet. All of the properties are located in New Jersey, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Pennsylvania. CONTACT: Cali Realty Corporation Barry Lefkowitz, 908/272-8000 or Edelman Financial Gregory Pettit, 212/704-8176 |
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