"We're thrilled to further solidify our presence andrelationship with the town of Parsippany, and with Mack-Cali, saysWyndham EVP Mary Falvey. "We are committed to this community."

For Wyndham Worldwide, which is the hotel spin-off company ofthe now-defunct Cendant Corp., the deal means a reconfiguration ofits headquarters location. The company currently maintains itsheadquarters at 7 Sylvan Way, a 146,000-sf building within theMack-Cali Business Campus here, and will keep that space after thenew building is completed on an adjacent site. Completion of thethree-story granite building, designed by HLW International, is nowslated for Q3 2008.

Wyndham has also given up its space at the campus' 1 Sylvan Wayand 10 Sylvan Way, with that space already leased to othercompanies, according to Mack-Cali officials. When the headquartersreconfiguration is done, Wyndham will occupy a total of nearly396,000 sf combined at the new building and the existing 7 SylvanWay.