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Cali Realty completes Robert Martin transaction.


CRANFORD, N.J.--(BUSINESS WIRE)--January 31, 1997--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 announced that the Company completed the previously announced $440 million merger transaction with Robert Martin Robert J. Martin (born January 13, 1947) is an American Republican Party politician, who has served as a member of the New Jersey State Senate since 1993, where he represents the 26th Legislative District.  Company LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 today.

Commenting on the transaction, Thomas A. Rizk, President and Chief Executive Officer of Cali Realty Corporation, said, "This merger furthers Cali's strategic goal of expanding our presence in the northeast region and becoming a super-regional REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
."

Cali Realty Corporation is a fully integrated, self-administered, self-managed real estate investment trust (REIT) providing leasing, management, acquisition, development, construction, and tenant-related services for its portfolio. The Company owns 123 properties, primarily office and office/flex buildings, totaling approximately 11.4 million square feet. All of the properties are located in Pennsylvania, 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 Connecticut.

Additional information on Cali Realty Corporation is available on Cali's Web site at http://www.calirealty.com .

CONTACT: Thomas A. Rizk

Chief Executive Officer

(908) 272-8000

or

Barry Lefkowitz

Chief Financial Officer

(908) 272-8000
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 31, 1997
Words:156
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