According to Standard & Poor, the MidCap 400 Index measures the performance of the mid-size company segment of the US market and is used by more than 95% of US managers and pension plan sponsors. More than $25 billion is indexed to the S&P MidCap 400.
"This recognition is a reflection of the confidence the investment community has in Mack-Cali's financial strength," says Mitchell E. Hersh, the company's CEO. Mack-Cali currently owns or has interests in some 265 properties, mostly office and office/flex buildings in the northeastern US, accounting for an estimated 29.3 million sf of space. The company also has a tenant roster of about 2,100 companies.
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