Insurers sign 10-year waterfront lease.

Mack-Cali Realty Corporation announced it has leased 10,406 square feet of office space for 10 years at Harborside Financial Center Plaza 5 on the Jersey City waterfront.

The lease was signed with the insurance firm DeWitt, Stern, Imperatore, Ltd.

Mitchell E. Hersh, chief executive officer of Mack-Cali, commented, "We're pleased to see continued positive momentum at this premier waterfront property. Harborside appeals to tenants both large and small due to its wealth of on-site amenities, excellent transportation access, and attractive economic incentives."

Harborside Plaza 5, a 34-story, 980,000 square-foot class A office tower, is 61.1% leased. The building is located at Harborside Financial Center, a mixed-use complex consisting of 3.6 million square feet of class A office space and hotel, retail and residential components.

Richard Charles and Robert Mitchell of CB Richard Ellis represented the tenant in the transaction.

Mack-Cali was represented by Mark Ravesloot of CB Richard Ellis and Jane Greenblatt, in-house director of development.

Mack-Cali Realty Corporation 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 264 properties, primarily office and office/flex buildings located in the Northeast, totaling approximately 28.3 million square feet.

The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of approximately 2,100 tenants.