Mack-Cali signs Jersey City lease.Mack-Cali Realty 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 it has leased 43,334 square feet of office space to Moody's Investors Service Moody's Investors Service A leading global credit rating, research and risk analysis firm. Moody's Investors Service A leading firm engaged in credit rating, risk analysis, and research of fixed-income securities and their issuers. at the Company's Harborside Financial Center Plaza 5 on the Jersey City waterfront. The lease carries a term of five years. Mitchell E. Hersh, chief executive officer of MackCali, commented, "Harborside continues to attract high-caliber companies due to its extensive amenities and favorable business environment on the Jersey City waterfront." He added, "The reinstatement and improvement of the BEIP BEIP Business Employment Incentive Program (New Jersey) BEIP Bucharest Early Intervention Project program, announced yesterday by Governor McGreevey, will only further the prospects of Harborside and the waterfront." Harborside Plaza 5, a recently-developed 980,000 square-foot class A office tower, is 55.7% leased. The 34-story 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 facilities. Augustus Field of Cushman & Wakefield represented the tenant and Mark Ravesloot of CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) and Jane Greenblatt, in-house director of development, represented Mack-Cali in the transaction. |
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