Funds from operations available to common shareholders for Q4were $73 million or $0.89 per share, vs. $68.2 million or $0.87 pershare a year earlier. For the year ended Dec. 31, FFO amounted to$293.9 million or $3.56 per share compared to $290.5 million or$3.73 per share a year earlier.

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Total revenues for Q4 '07 increased 2.9% to $201.7 million,compared to $196.1 million for the same period a year ago. And forthe full year, total revenues came in at $808.4 million, anincrease of 10.4% over the year-earlier total of $732 million.

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"Our fourth quarter was marked by solid leasing activity andimproved occupancies," says Mitchell Hersh, Mack-Cali's president& CEO, in a statement. "While it is widely held that thenation's economy is slowing and the capital markets areconstrained, we enter this period of uncertainty with an extremelywell-leased portfolio with high-caliber tenants, minimal 2008 leaseexpirations and a strong balance sheet.

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"The combination of these factors will allow Mack-Cali tooperate efficiently as well as be opportunistic going forward,"Hersh says.

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