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Mack-Cali leases 55,000 s/f at Rockland County property.


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 it has signed a new lease for 55,000 square feet at One Ramland Road in Orangeburg, New York Orangeburgh is a hamlet (and a census-designated place) located in the Town of Orangetown in Rockland County, New York. The population was 3,388 at the 2000 census. Geography
Orangeburg is located at  (41.044796, -73.
. The lease, which carries a 66-month term, was signed with WMC WMC Winter Music Conference
WMC Weill Medical College (Cornell University)
WMC Wisconsin Manufacturers and Commerce (Madison, WI)
WMC Westchester Medical Center
WMC Western Mining Corporation
 Mortgage Corp.

WMC Mortgage Corp., headquartered in California, will locate its new Northeast area wholesale mortgage processing center at the facility.

A press conference was recently held at the building with government officials and business executives to discuss the transaction, which is expected to generate approximately 300 jobs in the local market.

At the event were The Honorable Charles Gargano, Chairman of the Empire State Development Corporation, representing The Honorable George E. Pataki, 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
 Governor; The Honorable C. Scott Vanderhoef C. Scott Vanderhoef is the County Executive of Rockland County, New York and was the Republican and Conservative Party nominee for Lieutenant Governor of New York in the 2006 statewide elections. He was the running mate of former State Assembly Minority Leader John Faso. , Rockland County Executive; Michael Maloney Michael Maloney (born June 19 1957) is a British actor.

Born at Bury St. Edmunds, Suffolk, England, Maloney's first television appearance was as Peter Barkworth's teenage son in the 1979 drama series, Telford's Change.
, Senior Vice President of WMC Mortgage Corp.; and Mitchell E. Hersh, Chief Executive Officer of Mack-Cali Realty Corporation.

Michael A. Grossman, Executive Vice President of Mack-Cali, commented, "One Ramland Road offered this tenant an excellent opportunity--state-of-the-art office space that was fully wired and furnished for quick move-in, as well as an ideal Rockland County location close to highways and with a convenient commute TO COMMUTE. To substitute one punishment in the place of another. For example, if a man be sentenced to be hung, the executive may, in some states, commute his punishment to that of imprisonment.  for the area's skilled workforce."

He continued, "We're pleased to add WMC Mortgage to our tenant roster."

DaimlerChrysler also occupies a portion of One Ramland Road, a 232,000 square-foot office/flex building owned by a joint venture of Mack-Cali and a private developer.

The property was completely renovated in 1999 and has 160,000 square feet available for lease.

The building offers an advanced infrastructure, high ceilings, full service cafeteria, fitness center, and an adjacent land site for expansion opportunities.

Over 95,000 square feet of the remaining available space is fully wired and furnished for immediate move-in.

Matthew Seltzer and Richard Baumstein of Cushman & Wakefield represented WMC Mortgage Corp. in the transaction, and Christopher DeLorenzo, in-house senior leasing director, represented the owner.

WMC Mortgage Corp., headquartered in Woodland Hills, California, is one of the country's leading subprime wholesale lenders.
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Article Details
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Apr 7, 2004
Words:324
Previous Article:C&W exclusive on 300,00 s/f National Historic Landmark.(Cushman & Wakefield )
Next Article:Reckson takes cap off to 'finest' in business.(Reckson Associates Realty Corp.)(Brief Article)
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