Exhibit 10.1

 

SECOND MODIFICATION AGREEMENT

 

This SECOND MODIFICATION AGREEMENT (this “Agreement”) is made as of July 14,
2006 by and among (a) Mack-Cali Realty, L.P. (the “Borrower”), (b) the Lenders
party hereto, and (c) JPMorgan Chase Bank, N.A. as Administrative Agent (in such
capacity, the “Administrative Agent”) for the Lenders.

WHEREAS, the Borrower, the Lenders and the Administrative Agent are parties to a
Second Amended and Restated Revolving Credit Agreement dated as of November 23,
2004, as modified by the Extension and Modification Agreement dated as of
September 16, 2005 (the “Credit Agreement”), pursuant to which the Lenders have
agreed to make loans to the Borrower on the terms and conditions set forth
therein; and

WHEREAS, the Borrower has requested that the Lenders make certain modifications
to the Credit Agreement, and the Lenders party hereto are willing to so modify
the Credit Agreement on the terms and conditions set forth herein;

NOW, THEREFORE, in consideration of the foregoing premises, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and fully intending to be legally bound by this Agreement, the
parties hereto agree as follows:

1.           Definitions. Capitalized terms used herein without definition shall
have the meanings assigned to such terms in the Credit Agreement.

2.           Modifications to Credit Agreement. As of the Effective Date (as
defined in §4 hereof) the Credit Agreement is modified as follows:

2.1.       Modifications to §1.1. §1.1. of the Credit Agreement is hereby
modified as follows:

2.1.1.    The definition of the term “Acquisition Property” is hereby modified
by restating such definition in its entirety to read as follows:

“Acquisition Property. Any Real Estate that has been owned for fewer than six
(6) fiscal quarters, unless the Borrower has made a one-time election to no
longer treat such Real Estate as an Acquisition Property for purposes of this
Agreement.”

 

 

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2.1.2.    The definition of the term “Capitalized Unencumbered Property NOI” is
hereby modified by restating such definition in its entirety to read as follows:

“Capitalized Unencumbered Property NOI. As of any date of determination with
respect to an Unencumbered Property (other than an Acquisition Property), an
amount equal to the Revised Adjusted Unencumbered Property NOI for such
Unencumbered Property for the most recent two (2) complete fiscal quarters
multiplied by two (2), with the product being divided by 8.25%, except with
respect to CBD Properties, which shall be divided by 7.75%; provided that if
such Unencumbered Property has been owned for fewer than two (2) complete fiscal
quarters, the Revised Adjusted Unencumbered Property NOI for such Unencumbered
Property shall be calculated by using the actual results for the period that
such Unencumbered Property has been owned and adjusting such results for a
period of two (2) complete fiscal quarters.”

2.1.3.    The definition of the term “Consolidated Capitalized NOI” is hereby
modified by restating such definition in its entirety to read as follows:

“Consolidated Capitalized NOI. As of any date of determination, an amount equal
to Revised Consolidated Adjusted Net Income for the most recent two (2)
completed fiscal quarters multiplied by two (2), with the product being divided
by 8.25%, except with respect to CBD Properties, which shall be divided by
7.75%; provided that if any Real Estate has been owned for fewer than two (2)
complete fiscal quarters, the Revised Consolidated Adjusted Net Income for such
Real Estate shall be calculated by using the actual results for the period that
such Real Estate has been owned and adjusting such results for a period of two
(2) complete fiscal quarters.”

2.1.4.    The definition of the term “Consolidated Total Capitalization” is
hereby modified by restating such definition in its entirety to read as follows:

“Consolidated Total Capitalization. As of any date of determination, with
respect to MCRC, the Borrower and their respective Subsidiaries determined on a
consolidated basis in accordance with GAAP, the sum (without double-counting) of
(a) Consolidated Capitalized NOI (other than with respect to (1) Acquisition
Properties and (2) Real Estate with a negative Consolidated Capitalized NOI),
plus (b) the cost of all Acquisition Properties, plus (c) the value of
Unrestricted Cash and Cash

 

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-3-

 

Equivalents (excluding until forfeited or otherwise entitled to be retained by
the Borrower or its Subsidiaries, tenant security and other restricted
deposits), plus (d) the aggregate costs incurred and paid to date by the
Borrower and its Subsidiaries with respect to Construction-In-Process, plus (e)
the value of Indebtedness of third parties to the Borrower and its Subsidiaries
for borrowed money which is secured by mortgage liens on real estate (valued in
accordance with GAAP at the book value of such Indebtedness and not then more
than 90 days past due or declared by the Borrower or its relevant Subsidiary to
be past due), plus (f) the actual net cash investment by the Borrower and its
Subsidiaries in any Other Investments (wherein such any Other Investment (x)
does not have any Indebtedness that is then more than 90 days past due or (y)
has not been declared to be in default of any monetary or material monetizable
obligations), plus (g) the book value of Unimproved Non-Income Producing Land
plus (h) the value of Eligible Cash 1031 Proceeds; provided that the value of
all permitted investments included within Consolidated Total Capitalization
(other than Eligible Cash 1031 Proceeds) shall not exceed the limitations set
forth in §9.8 hereof.”

2.1.5.    The following new definition shall be inserted in §1.1 immediately
after the definition of “Capitalized Unencumbered Property NOI”:

“CBD Property(ies). Collectively, (a) any Real Estate listed on Schedule CBD
attached hereto, (b) any improved Real Estate which is located in the borough of
Manhattan in New York, New York, Jersey City, New Jersey, Washington, D.C., or
San Francisco, California which is acquired after June __, 2006, and (c) any
other improved Real Estate which is located in markets with characteristics
similar to those identified in clause (b) and is designated by the Agent and the
Borrower as a CBD Property from time to time.”

2.2.       Modification to §9.6 of Credit Agreement. §9.6 of the Credit
Agreement is hereby modified by restating said §9.6 in its entirety to read as
follows:

“§9.6.  Unsecured Indebtedness. As at the end of any fiscal quarter or other
date of measurement, the Borrower shall not permit the ratio of (i) Consolidated
Unsecured Indebtedness to (ii) the sum (the “Section 9.6 Sum”) of (a) aggregate
Capitalized Unencumbered Property NOI for all Unencumbered Properties (other
than (1) Acquisition Properties and (2) Unencumbered Properties with a negative
Capitalized Unencumbered Property NOI), plus (b) the cost of all Unencumbered
Properties which are Acquisition Properties, plus (c)

 

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the value of all Eligible Cash 1031 Proceeds resulting from the sale of
Unencumbered Properties to exceed 60%; provided that such ratio may exceed 60%
from time to time so long as (x) such ratio does not exceed 65%, (y) such ratio
ceases to exceed 60% within 180 days following each date such ratio first
exceeded 60%, and (z) the Borrower provides a certificate in substantially the
form of Exhibit O hereto to the Administrative Agent when such ratio first
exceeds 60% and when such ratio ceases to exceed 60%.”

2.3.       Schedule CBD. Schedule CBD attached to this Agreement is hereby added
to the Credit Agreement as Schedule CBD thereto.

 

3.

Provisions Of General Application.

3.1.        Representations and Warranties. The Borrower hereby represents and
warrants as of the date hereof that (a) each of the representations and
warranties of the Borrower contained in the Credit Agreement, the other Loan
Documents or in any document or instrument delivered pursuant to or in
connection with the Credit Agreement or this Agreement are true and correct in
all material respects as of the date as of which they were made and are true and
correct in all material respects at and as of the date of this Agreement (except
to the extent (i) of changes resulting from transactions contemplated or not
prohibited by the Credit Agreement or the other Loan Documents, (ii) of changes
occurring in the ordinary course of business, or (iii) that such representations
and warranties relate expressly to an earlier date), (b) no Default or Event of
Default exists on the date hereof (before and after giving effect to this
Agreement), and (c) this Agreement has been duly authorized, executed and
delivered by the Borrower and is in full force and effect as of the Effective
Date, and the agreements and obligations of the Borrower contained herein
constitute the legal, valid and binding obligations of the Borrower, enforceable
against it in accordance with its terms, subject only to applicable bankruptcy,
insolvency, fraudulent conveyance, reorganization, moratorium or other laws
relating to or affecting generally the enforcement of creditors’ rights and to
the fact that the availability of the remedy of specific performance or
injunctive relief is subject to the discretion of the court before which any
proceeding therefor may be brought.

The Borrower hereby further represents and warrants as of the date hereof that
the execution, delivery and performance of this Agreement (i) are within the
authority of the Borrower, (ii) do not conflict with or result in any breach or
contravention of any provision of law, statute, rule or regulation to which the
Borrower is subject or any judgment, order, writ, injunction, license or permit
applicable to the Borrower, (iii) do not conflict with any provision of the
agreement of limited partnership, any certificate of limited partnership,

 

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-5-

 

the charter documents or by-laws of the Borrower or any general partner or other
controlling Person thereof, (iv) do not contravene any provisions of, or
constitute a default, Default or Event of Default hereunder or a failure to
comply with any term, condition or provision of, any other agreement,
instrument, judgment, order, decree, permit, license or undertaking binding upon
or applicable to the Borrower or any of the Borrower’s properties (except for
any such failure to comply under any such other agreement, instrument, judgment,
order, decree, permit, license, or undertaking as would not materially and
adversely affect the condition (financial or otherwise), properties, business or
results of operations of the Borrower, the Operating Subsidiaries or any
Guarantor) or result in the creation of any mortgage, pledge, security interest,
lien, encumbrance or charge upon any of the properties or assets of the
Borrower, the Operating Subsidiaries or any Guarantor, and (v) do not require
(A) the approval or consent of any governmental agency or authority other than
those already obtained, or (B) filing with any governmental agency or authority,
other than filings which will be made with the SEC when and as required by law.

3.2.        No Other Changes. Except as otherwise expressly provided or
contemplated by this Agreement, all of the terms, conditions and provisions of
the Credit Agreement remain unaltered and in full force and effect. The Credit
Agreement and this Agreement shall be read and construed as one agreement. The
making of the modifications in this Agreement does not imply any obligation or
agreement by the Administrative Agent or any Lender to make any other amendment,
waiver, modification or consent as to any matter on any subsequent occasion.
This Agreement shall be a Loan Document under the Credit Agreement.

3.3.       Governing Law. This Agreement shall be deemed to be a contract under
the laws of the State of New York. This Agreement and the rights and obligations
of each of the parties hereto are contracts under the laws of the State of New
York and shall for all purposes be construed in accordance with and governed by
the laws of such State (excluding the laws applicable to conflicts or choice of
law).

3.4.        Assignment. This Agreement shall be binding upon and inure to the
benefit of each of the parties hereto and their respective permitted successors
and assigns.

3.5.        Counterparts. This Agreement may be executed in any number of
counterparts, but all such counterparts shall together constitute but one and
the same agreement. In making proof of this Agreement, it shall not be necessary
to produce or account for more than one counterpart thereof signed by each of
the parties hereto.

 

 

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4.           Effectiveness of this Agreement. This Agreement shall become
effective on the date on which the following conditions precedent are satisfied
(such date being hereinafter referred to as the “Effective Date”):

(a)         Execution and delivery to the Administrative Agent by each of the
Lenders, the Borrower, the Guarantors and the Administrative Agent of this
Agreement.

(b)         Execution and delivery to the Administrative Agent of (i) a
certificate of each of the Borrower and MCRC confirming that there have been no
changes to their respective charter documents since November 23, 2004, or (ii)
if there have been changes to the Borrower’s or MCRC’s charter document since
such date, a secretary’s certificate of the Borrower or MCRC certifying as to
such changes.

(c)         Delivery to the Administrative Agent of an incumbency certificate of
the Borrower and MCRC and of resolutions of the board of directors of MCRC
authorizing this Agreement.

(d)         Payment to the Administrative Agent, for the accounts of the Agents
and the Lenders, as applicable, all fees due and payable on or before the
Effective Date and all expenses due and payable on or before the Effective Date,
including, without limitation, reasonable attorneys’ fees and expenses and other
costs and expenses incurred in connection with this Agreement.

[Remainder of page left blank intentionally]

 

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IN WITNESS WHEREOF, the undersigned have duly executed and delivered this
Agreement as of the date first set forth above.

 

MACK-CALI REALTY, L.P.

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

By:/s/ Barry Lefkowitz

 

Name:

Barry Lefkowitz

 

 

Title:

Executive Vice President

and Chief Financial Officer

 

 

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JPMORGAN CHASE BANK, N.A., individually and as Administrative Agent, Swing
Lender and Fronting Bank

 

 

By:/s/ Marc E. Costantino

 

Name: Marc E. Costantino

 

Title: Vice President

 

 

 

 

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BANK OF AMERICA, N.A.

 

 

By:/s/ Charlotte W. Deinhart

 

Name: Charlotte W. Deinhart

 

Title: Vice President

 

 

 

 

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THE BANK OF NOVA SCOTIA, NEW YORK AGENCY

 

 

By:/s/ Robert Boese

 

Name: Robert Boese

 

 

Title: Managing Director

 

 

 

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WACHOVIA BANK, NATIONAL ASSOCIATION

 

 

By: /s/ Cynthia A. Bean

 

Name: Cynthia A. Bean

 

Title: Vice President

 

 

 

 

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WELLS FARGO BANK, NATIONAL ASSOCIATION

 

 

By: /s/ Christopher B. Wilson

 

Name: Christopher B. Wilson

 

Title: Vice President

 

 

 

 

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SUNTRUST BANK

 

 

By: /s/ Blake K. Thompson

 

Name: Blake K. Thompson

 

Title: Vice President

 

 

 

 

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PNC BANK, NATIONAL ASSOCIATION

 

 

By: /s/ J. Richard LItton

 

Name: J. Richard Litton

 

Title: Vice President

 

 

 

 

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CITICORP NORTH AMERICA, INC.

 

 

By: /s/ Malav Kakad

 

Name: Malav Kakad

 

Title: Vice President

 

 

 

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US BANK NATIONAL ASSOCIATION

 

 

By: /s/ Walter Whitt

 

Name: Walter Whitt

 

 

Title: Vice President

 

 

 

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BANK OF CHINA, NEW YORK BRANCH

 

 

By: /s/ William Smith

 

Name: William Smith

 

 

Title: Deputy General Manager

 

 

 

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THE BANK OF NEW YORK

 

 

By: /s/ Rick Laudisi

 

Name: Rick Laudisi

 

 

Title: Managing Director

 

 

 

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CHEVY CHASE BANK, F.S.B.

 

 

By: /s/ Dory Halati

 

Name: Dory Halati

 

 

Title: Vice President

 

 

 

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DEUTSCHE BANK TRUST COMPANY AMERICAS

 

 

By: /s/ Brenda Casey

 

Name: Brenda Casey

 

Title: Director

 

 

By:/s/ Joanna Soliman

 

Name: Joanna Soliman

 

 

Title: Assistant Vice President

 

 

 

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MIZUHO CORPORATE BANK, LTD.

 

 

By: /s/ Noel Purcell

 

Name: Noel Purcell

 

 

Title: Senior Vice President

 

 

 

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THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. (Successor by merger to UFJ Bank
Limited), NEW YORK BRANCH

 

 

By: /s/ James T. Taylor

 

Name: James T. Taylor

 

Title: Vice President

 

 

 

 

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THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

 

 

By: /s/ Noelle McGrath

 

Name: Noelle McGrath

 

 

Title: Authorised Signatory

 

By: /s/ Carla Ryan

 

Name: Carla Ryan

 

 

Title: Authorised Signatory

 

 

 

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COMERICA BANK

 

 

By: /s/ Leslie A. Vogel

 

Name: Leslie A. Vogel

 

Title: Vice President

 

 

 

 

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CHANG HWA COMMERCIAL BANK, LTD., NEW YORK BRANCH

 

 

By: /s/ Jim C. Y. Chen

 

Name: Jim C. Y. Chen

 

 

Title: VP & General Manager

 

 

 

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FIRST COMMERCIAL BANK, NEW YORK AGENCY

 

 

By: /s/ Bruce M. J. Ju

 

Name: Bruce M. J. Ju

 

 

Title: VP & General Manager

 

 

 

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CHIAO TUNG BANK CO., LTD., NEW YORK AGENCY

 

 

By: /s/ Chun-Kai Hu

 

Name: Chun-Kai Hu

 

 

Title: VP & Deputy General Manager

 

 

 

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THE ROYAL BANK OF SCOTLAND

 

 

By: /s/ Neil J. Crawford

 

Name: Neil J. Crawford

 

 

Title: Senior Vice President

 

 

 

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HUA NAN COMMERCIAL BANK, NEW YORK AGENCY

 

 

By: /s/ Tei-Chin Wang

 

Name: Tei-Chin Wang

 

 

Title: Assistant General Manager

 

 

 

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BANK HAPOALIM B.M.

 

 

By: /s/ Lenroy Hackett

 

Name: Lenroy Hackett

 

 

Title: First Vice President

 

 

BANK HAPOALIM B.M.

 

 

By: /s/ Marc Bosc

 

Name: Marc Bosc

 

 

Title: Vice President

 

 

 

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Each of the undersigned Guarantors hereby acknowledges the foregoing Second
Modification Agreement and reaffirms its guaranty of the Obligations (as defined
in the Guaranty executed and delivered by such Guarantor) under the Credit
Agreement and the other Loan Documents, each as modified hereby or in connection
herewith, in accordance with the Guaranty executed and delivered by such
Guarantor.

 

MACK-CALI REALTY CORPORATION

 

By: /s/ Barry Lefkowitz

 

Name:

Barry Lefkowitz

 

 

Title:

Executive Vice President and

 

Chief Financial Officer

 

 

 

 

11 COMMERCE DRIVE ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

SIX COMMERCE DRIVE ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

20 COMMERCE DRIVE ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

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CENTURY PLAZA ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

C.W. ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

D.B.C. REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MACK-CALI BUILDING V ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

500 COLUMBIA TURNPIKE ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

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ROSELAND II L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

OFFICE ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

600 PARSIPPANY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

400 RELLA REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

VAUGHN PRINCETON ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

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MONMOUTH/ATLANTIC REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

JUMPING BROOK REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

COMMERCENTER REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MOUNT AIRY REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

300 TICE REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

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BRIDGE PLAZA REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MACK-CALI CW REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

CROSS WESTCHESTER REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

ELMSFORD REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

TALLEYRAND REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

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MID-WESTCHESTER REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MACK-CALI MID-WEST REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

SO. WESTCHESTER REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MACK-CALI SO. WEST REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MACK-CALI WP REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

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WHITE PLAINS REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MOORESTOWN REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

PRINCETON CORPORATE CENTER REALTY

ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

PRINCETON OVERLOOK REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

BMP SOUTH REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

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LINWOOD REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MOUNTAINVIEW REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

120 PASSAIC STREET L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

M-C PROPERTIES CO. REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MACK-CALI EAST LAKEMONT L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

--------------------------------------------------------------------------------

 

 

WESTAGE REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

COLLEGE ROAD REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

SKYLINE REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MACK-CALI B PROPERTIES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

ONE SYLVAN REALTY L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

--------------------------------------------------------------------------------

 

 

1717 REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

12 SKYLINE ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

9 CAMPUS REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

MAPLE 6 CAMPUS L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

5/6 SKYLINE REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

 

--------------------------------------------------------------------------------

 

 

MACK-CALI MORRIS REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MACK-CALI CAMPUS REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

BMP MOORESTOWN REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MACK-CALI TAXTER ASSOCIATES L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

SYLVAN/CAMPUS REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

 

its general partner

 

 

 

--------------------------------------------------------------------------------

 

 

5 WOOD HOLLOW REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

14 COMMERCE REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

400 CHESTNUT REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

232 STRAWBRIDGE REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MACK-CALI WILLOWBROOK COMPANY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

 

--------------------------------------------------------------------------------

 

 

TERRI REALTY ASSOCIATES L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

1000 BRIDGEPORT REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

WEST AVENUE REALTY ASSOCIATES L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

KEMBLE PLAZA II REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its manager

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

KNIGHTSBRIDGE REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its manager

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

 

--------------------------------------------------------------------------------

 

 

 

4 GATEHALL REALTY L.L.C.

 

 

By:

Mack-Cali Realty. L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

4 PARAGON REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MACK-CALI BRIDGEWATER REALTY L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MACK-CALI JOHNSON ROAD L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MACK-CALI SHORT HILLS L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

--------------------------------------------------------------------------------

 

 

MACK-CALI WOODBRIDGE L.L.C.

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MONUMENT 150 REALTY L.L.C.

 

 

By:

Monument Holding L.L.C.,

its member

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

101 HUDSON STREET ASSOCIATES

 

 

By:

MC Hudson Holding L.L.C.,

its general partner

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

 

By:

MC Hudson Realty L.L.C.,

its general partner

 

 

By:

Mack-Cali Realty, L.P.,

its member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

 

 

 

--------------------------------------------------------------------------------

 

 

343 THORNALL SPE LLC

 

 

By:

343 Thornall Holding L.L.C.

its sole member

 

 

By:

Mack-Cali Realty, L.P.,

its non-member manager

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MACK-CALI PROPERTIES CO.

 

 

By:

Mack-Cali Sub III, Inc.,

its general partner

 

 

By:

Mack-Cali Realty, L.P.

its general partner

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

CAL-TREE REALTY ASSOCIATES L.P.

 

 

By:

Mack–Cali Sub XV Trust

its general partner

 

FIVE SENTRY REALTY ASSOCIATES

L.P.

 

 

By:

Mack–Cali Sub XV Trust

its general partner  

 

MACK-CALI AIRPORT REALTY ASSOCIATES L.P.

 

 

By:

Mack–Cali Sub XV Trust

its general partner

 

 

 

--------------------------------------------------------------------------------

 

 

MACK-CALI PENNSYLVANIA REALTY

ASSOCIATES L.P.

 

 

By:

Mack–Cali Sub XV Trust

its general partner

 

MACK-CALI-R COMPANY NO. 1 L.P.

 

 

By:

Mack-Cali Sub XV Trust

its general partner

 

MAPLE 4 CAMPUS L.L.C.

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

 

its general partner

 

 

 

CLEARBROOK ROAD ASSOCIATES L.L.C.

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

 

its general partner

 

 

 

25 COMMERCE REALTY L.L.C.

 

By: Mack-Cali Texas Property L.P.,

 

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

its general partner

 

 

 

 

 

--------------------------------------------------------------------------------

 

 

 

600 HORIZON CENTER L.L.C.

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

its general partner

 

 

 

LITTLETON REALTY ASSOCIATES L.L.C.

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

its general partner

 

 

 

3 ODELL REALTY L.L.C.

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

its general partner

 

 

 

4 SENTRY REALTY L.L.C.

 

 

By:

4 Sentry Holding L.L.C.,

its member

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

its general partner

 

 

 

 

 

--------------------------------------------------------------------------------

 

 

3 SKY REALTY L.L.C.

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

its general partner

 

PARSIPPANY 4/5 REALTY L.L.C.

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

its general partner

 

6 PARSIPPANY L.L.C.

 

 

By:

Mack-Cali Texas Property L.P.,

its member

 

 

By:

Mack-Cali Sub XVII, Inc.,

its general partner

 

PHELAN REALTY ASSOCIATES L.P.

 

 

By:

Mack–Cali Sub VI, Inc.,

its general partner

 

795 FOLSOM REALTY ASSOCIATES L.P.

 

 

By:

Mack-Cali Sub VI, Inc.,

its general partner

 

CALI HARBORSIDE (FEE) ASSOCIATES L.P.

 

 

By:

Mack-Cali Sub X, Inc.,

its general partner

 

 

 

--------------------------------------------------------------------------------

 

 

MACK-CALI PLAZA I, L.L.C. (successor by merger to Cali-Harborside Plaza I (Fee)
Associates, L.P.)

 

 

By:

Mack-Cali Realty, L.P., its sole member

 

 

By:

Mack-Cali Realty Corporation,

its general partner

 

MACK-CALI PROPERTY TRUST

 

300 HORIZON REALTY L.L.C.

 

 

By:

Mack-Cali Property Trust,

its member

 

HORIZON CENTER REALTY ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Property Trust,

its member

 

M-C CAPITOL ASSOCIATES L.L.C.

 

 

By:

Mack–Cali Property Trust,

its manager

 

ROSELAND OWNERS ASSOCIATES L.L.C.

 

 

By:

Mack-Cali Property Trust,

its member

 

--------------------------------------------------------------------------------

 

 

 

SENTRY PARK WEST L.L.C.

 

 

By:

Mack-Cali Glendale Limited Partnership,

its member

 

 

By:

Mack-Cali Sub XXII, Inc.,

its general partner

 

By: /s/ Barry Lefkowitz

 

Name:

Barry Lefkowitz

 

 

Title:

Executive Vice President and

Chief Financial Officer of

each of the above named

entities

 

 

--------------------------------------------------------------------------------

 

 

 

Mack-Cali Realty Corporation

Schedule CBD

CBD Properties

 

 

 

 

Property Address

City/State

 

 

 

 

Harborside Financial Center 1

Jersey City, NJ

 

Harborside Financial Center 2

Jersey City, NJ

 

Harborside Financial Center 3

Jersey City, NJ

 

Harborside Financial Center 4-A

Jersey City, NJ

 

Harborside Financial Center 5

Jersey City, NJ

 

101 Hudson Street

Jersey City, NJ

 

 

 

 

760 Market Street

San Francisco, CA

 

795 Folsom Street

San Francisco, CA

 

201 South Third Street

San Francisco, CA

 

 

 

 

1400 L Street

Washington, DC

 

1201 Connecticut Avenue NW

Washington, DC