Mack-Cali’s Parsippany Property Achieves LEED® Silver Certification
For Immediate ReleaseMack-Cali’s Parsippany Property Achieves LEED® Silver Certification
Edison, New Jersey—June 19, 2013—Mack-Cali Realty Corporation (NYSE: CLI) today announced that 4 Gatehall Drive in Mack-Cali Business Campus in Parsippany, N.J., has been LEED Silver certified from the U.S. Green Building Council (USGBC). 4 Gatehall Drive joins other Mack-Cali properties, including: 105 Eisenhower Parkway, Eisenhower/280 Corporate Center in Roseland; 8 Campus Drive also in Mack‑Cali Business Campus; and Liberty Corner Corporate Center, 106 Allen Road in Bernards Township, as one of the few multi-tenanted office buildings in the state to achieve this prestigious award.
The LEED for Existing Buildings: Operations & Maintenance™ rating system recognizes maximized operational efficiency with minimized environmental impact. It addresses cleaning and maintenance issues, including chemical use, recycling programs, exterior maintenance programs, and system upgrades. It is the only LEED rating system under which projects can demonstrate actual energy efficiency and sustainable operations performance metrics.
Highlights of the building’s sustainability achievements include:
An ENERGY STAR rating of 90, which places the building in the top 10 percent of similar buildings in terms of energy efficiency
Use of highly efficient plumbing fixtures, providing water savings of approximately 16 percent
Recycling efforts resulting in a 35 percent diversion rate of recyclables from landfill of ongoing consumable waste and a 100 percent diversion rate of durable goods from entering the waste stream
Recent building renovations using over 50 percent environmentally friendly building materials, and 84 percent of construction waste was being recycled
An Integrated Pest Management (IPM) plan incorporating non-toxic measures for animal and vegetative pest control
A Green Cleaning Program, implemented as part of a comprehensive building-wide Indoor Air Quality Program
This project was completed by the Mack-Cali property management team, with Gerard Hazel of Sustainable Systems LLC providing consulting services.
Mitchell E. Hersh, Mack-Cali president and chief executive officer, commented, “We are very proud to have achieved this important designation at 4 Gatehall Drive, which exemplifies the institutional quality of this class A building. We find businesses today are seeking office properties that are energy efficient and more sustainable, with a goal of reducing their overall carbon footprint.”
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 274 properties, consisting of 265 office and office/flex properties totaling approximately 30.7 million square feet and nine multi-family rental properties containing over 3,300 residential units, all located in the Northeast. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of commercial and residential tenants.
Additional information on Mack-Cali Realty Corporation and the commercial real estate properties available for lease can be found on the Company’s website at www.mack‑cali.com.
Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “potential,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such‑forward looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate, and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Disclosure Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q, which are incorporated herein by reference. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.
Vice President of Marketing
Mack-Cali Realty Corporation