E-Trade signs 15-year Mack-Cali lease


"Real estate investment trust Mack-Cali Realty Corp. said Thursday financial services provider E-Trade Financial signed an additional 15-year lease at Jersey City, N.J.-based Harborside Financial Center..." -- Business Week

--------------------------------------------------------------------
Mack-Cali Leases over 106,500 Square Feet to E*Trade at Jersey City Office Building

Financial Services Firm Signs Long-Term Lease at Harborside Financial Center

(BUSINESS WIRE) Mack-Cali Realty Corporation today announced that E*Trade Financial Corporation has signed a new lease for 106,573 square feet at Harborside Financial Center in Jersey City, New Jersey. The lease carries a term of 15 years and seven months.

E*Trade Financial Corporation, a financial services provider, leased the space at Harborside Plaza 2, a 761,200 square-foot class A office building that is 100% leased. The tenant had been subleasing 37,970 square feet at the building.

Mitchell E. Hersh, president and chief executive officer of Mack-Cali, commented, ?We are delighted that E*Trade has signed on and expanded its presence as a long-term tenant at Harborside. This transaction demonstrates Mack-Cali?s ability to service its tenants and build long-term relationships with leading businesses.? He added, ?In addition, this lease significantly enhances the long-term value of this premier waterfront complex.?

Additional information on Mack-Cali Realty Corporation is available on the Company?s Web site at www.mack-cali.com
LINK