Mack-Cali leases 153,766 s/f during fourth quarter at its Westchester And Fairfield County commercial real estate properties

Mack-Cali Realty Corp. has leased 153,766 s/f during the fourth quarter at its office and office/flex commercial real estate properties in Westchester County, New York and Fairfield County, Connecticut. Portfolio-wide, Mack-Cali leased 718,588 s/f of space during the quarter. Highlights of the fourth quarter transactions include: * One of Mack-Cali's largest tenants, Montefiore Medical Center signed a new lease for 28,430 s/f at 4 Executive Plaza in Yonkers. The 80,000 s/f office/flex building, located in South Westchester Executive Park, is 100% leased. The tenant was represented in the transaction by Glenn Walsh and Gregory Frisoli, both of Newmark Grubb Knight Frank. Mack-Cali was represented in-house by Carol McGuire, senior director of leasing. * Solais Lighting, Inc., a designer and manufacturer of high-performing LED lamps and fixtures, signed a new lease for 21,957 s/f at 650 West Avenue in Stamford. The 40,000 s/f office/flex building is located in Stamford Executive Park. The tenant was represented in the transaction by Michael Nelson and William Cuddy, both of CBRE. Mack-Cali was represented in-house by Louis Amalfitano, senior director of leasing. * Bright Horizons Children's Center signed lease renewals totaling 14,200 s/f at 77 Executive Boulevard at Cross Westchester Executive Park in Elmsford and 7 Odell Plaza at South Westchester Executive Park in Yonkers. 77 Executive Boulevard, a 13,000 s/f office/flex building, is 100% leased. 7 Odell Plaza, a 42,600 s/f office/flex building, is also 100% leased. Mack-Cali was represented in the transactions by Louis Amalfitano. * Fabrication Enterprises, Inc., a manufacturer and distributor of physical and occupational therapy products, signed a lease renewal for 12,060 s/f at 3 Westchester Plaza. The 93,500 s/f office/flex building, located in South Westchester Executive Park, is 97.9% leased. Mack-Cali was represented in-house by Ivan Abry, assistant vice president of leasing. Mitchell Hersh, president and chief executive officer, said, "We are pleased to end the year at 86.1% leased, as the suburban office markets remain challenged. Despite those challenges, Mack-Cali continues to outperform almost all of the markets in which we operate."