Mack-Cali Announces New Lease with Virgin Mobile

EDISON, N.J.--(Business Wire)--
Mack-Cali Realty Corporation (NYSE: CLI) today announced that Virgin Mobile USA
L.P. has signed a new five-year lease for 93,376 square feet at 10 Independence
Boulevard, Somerset Hills Corporate Center, in Warren, N.J.

Virgin Mobile USA L.P., a leading provider of wireless calling services and
equipment, is currently a tenant in the building through a sublease. The lease
will now expire in March 2016.

Mitchell E. Hersh, president and chief executive officer of Mack-Cali,
commented, "We`re delighted that Virgin Mobile has chosen to extend its
occupancy at this premier property."

10 Independence Boulevard, a 120,528-square-foot class A office building, is 100
percent leased. Marc A. Rosenberg of Cushman & Wakefield of NJ represented the
tenant in the transaction.

Mack-Cali Realty Corporation 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 294 properties, primarily
office and office/flex buildings located in the Northeast, totaling
approximately 33.8 million square feet. The properties enable the Company to
provide a full complement of real estate opportunities to its diverse base of
approximately 2,100 tenants.

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

Statements made in this press release may be forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements can be identified by the use of words such as "may,"
"will," "plan," "should," "expect," "anticipate," "estimate," "continue," or
comparable terminology. Such forward-looking statements are inherently subject
to certain risks, trends and uncertainties, many of which the Company cannot
predict with accuracy and some of which the Company might not even anticipate,
and involve factors that may cause actual results to differ materially from
those projected or suggested. Readers are cautioned not to place undue reliance
on these forward-looking statements and are advised to consider the factors
listed above together with the additional factors under the heading "Disclosure
Regarding Forward-Looking Statements" and "Risk Factors" in the Company`s Annual
Reports on Form 10-K, as may be supplemented or amended by the Company's
Quarterly Reports on Form 10-Q, which are incorporated herein by reference. The
Company assumes no obligation to update or supplement forward-looking statements
that become untrue because of subsequent events, new information or otherwise.

Mack-Cali Realty Corporation
Ilene Jablonski, 732-590-1000
Senior Director, Marketing
and Public Relations
or
Rubenstein Associates
Rick Matthews, 212-843-8267
Executive Vice President

Copyright Business Wire 2009