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Mack-Cali inks E*Trade lease.


As REW n. 1. A row.  reported November 8, E*Trade Financial Corporation has signed a new lease for 106,573 s/f at Harborside har·bor·side  
n.
The area adjacent to a harbor.
 Financial Center in Jersey City, NJ

Mack-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 lease carries a term of 15 years and seven months. E*Trade Financial Corporation, a financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 provider, leased the space at Harborside Plaza 2, a 761,200 s/f class A office building that is 100% leased. The tenant had been subleasing 37,970 s/f at the building.

Mitchell E. Hersh, president and chief executive officer of Mack-Cali, commented, "We are delighted that E*Trade has signed on and expanded its presence as a long-term tenant at Harborside. This transaction demonstrates Mack-Cali's ability to service its tenants and build long-term relationships with leading businesses."

He added, "In addition, this lease significantly enhances the long-term value of this premier waterfront complex."

Mark Ravesloot, Robert Stillman, Douglas Lehman and Scott Sloves of CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  represented the tenant. Mack-Cali was represented in-house by Thomas Savoca, director of leasing.
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Publication:Real Estate Weekly
Date:Nov 22, 2006
Words:171
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