News: Brokerage

Mack-Cali completes four leases in Westchester County, totaling 52,332 s/f

Mack-Cali Realty Corp. arranged four leases totaling 52,332 s/f at its Westchester County, properties: * SmartPros Ltd. renewed its 17,850 s/f lease for nine years at 12 Skyline Dr. A 46,850 s/f office/flex building located in Mid-Westchester Executive Park, the property is 100% leased. Mack-Cali was represented in-house by Ivan Abry, senior director of leasing. * Proftech Corp. signed a six-year renewal agreement for its 12,000 s/f space at 200 Clearbrook Rd., Elmsford. Located in Cross Westchester Executive Park, it is a 94,000 s/f office/flex property that is 98.8% leased. Rick Rakow of Rakow Commercial Realty Group, represented the tenant, and Abry represented Mack-Cali. * Hawthorne Foundation, Inc. signed a new 11,622 s/f lease for 10 years at 525 Executive Blvd. in Cross Westchester Executive Park, Elmsford. The 61,700 s/f office/flex building is 100% leased. Mack-Cali was represented in-house by Carol McGuire, senior director of leasing. * Hudson Valley Automotive Parts, Inc. renewed its lease for 10,860 s/f for four years at 200 Saw Mill River Rd. in Hawthorne. The 51,100 s/f office/flex building is 92% leased. Mack-Cali was represented by Abry. Mack-Cali 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 293 properties, primarily office and office/flex buildings located in the northeast, totaling approximately 33.5 million s/f. The properties enable the company to provide a full complement of real estate opportunities to its diverse base of 2,100 tenants. Additional information on Mack-Cali is available on the company's website at www.mack-cali.com.
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