EDISON, NJ- NJ-Despite a challenging economic climate, Mack-Calisigned 141 second-quarter leases totaling 1,305,847 square feet,1,020,537 square feet of which were office, followed by 269,710square feet of office/flex space, 8,000 square feet of retail and7,600 square feet of industrial. Of these totals, 402,544 squarefeet were for new leases and 903,303 square feet were for leaserenewals and other tenant retention transactions.

The locally based REIT also revealed its second-quarterfinancial results during a conference call late last week. For thequarter, FFO available to common shareholders amounted to $66.1million, or 71 cents per share, down only one cent from lastquarter. Total revenues for Q2 2010 were $202.8 million, up from$195.9 million in the first quarter.

Mack-Cali’s portfolio was 88.9% leased at close of the quarter,up slightly from 88.8% at the end of Q1. “Market fundamentalsremain under considerable pressure given the lack of meaningful jobgrowth or corporate expansion,” said Mitchell E. Hersh, presidentand CEO.

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