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Article: Mack-Cali Completes Its Acquisition of the Gale Real Estate Services Company and Interests in 20 New Jersey Office Properties -- Gale President Mark Yeager Named EVP at Mack-Cali --.
- Article from:
- Business Wire
- Article date:
- May 10, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CRANFORD, N.J. -- Mack-Cali Realty Corporation (NYSE: CLI) today announced it has completed its acquisition of The Gale Real Estate Services Company and interests in approximately 2.8 million square feet of office properties in New Jersey.
The company also announced that Gale President Mark Yeager, while retaining his duties in that role, has been named as an executive vice president of Mack-Cali.
Mack-Cali President and Chief Executive Officer Mitchell E. Hersh, commented, "This transaction is a watershed event for Mack-Cali. It solidifies our dominant office market position in New Jersey and provides us with a powerful engine for further growth. We are ...