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Cali Realty IPO

Mack-Cali Merger







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Cali's signature International Financial Tower was 50% preleased to Donaldson, Lufkin, Jenrette Securities.

The name Cali is respected by the prestigious tenants who commit year after year to their facilities, the communities in which they build and the architects who design for them. These groups testify to Caliís ability to balance innovation, beauty and function.

The organization enjoys an outstanding reputation among the members of the New Jersey business community, who know that a Cali building is always well located, top quality and adaptable to the needs of a growing business. Many brokers, financial institutions and peers have firsthand experience with Caliís excellence as a business partner.

Seven Cali buildings have won the prestigious New Jersey Good Neighbor Award for outstanding contributions to their communities. In 1990, and again in 1996, Cali received the highest accolade from its peers, winning the National Association of Industrial and Office Parks New Jersey Developer of the Year Award.

From 1970 to the date of their I.P.O. on the New York Stock Exchange (1994), the company focused its activities on the construction of commercial and office buildings as follows:

COMMERCIAL PROJECTS APPROX S.F.
20 Commerce Dr, Cranford, NJ 176,000
65 Jackson Drive, Cranford, NJ 83,000
11 Commerce Drive, Cranford, NJ 90,000
6 Commerce Drive, Cranford, NJ 56,000
25 Commerce Drive, Cranford, NJ 68,000
14 Commerce Drive, Cranford, NJ 67,000
100 Walnut Avenue, Clark, NJ 183,000
Century Plaza at Paramus, NJ 140,000
101 Eisenhower Parkway, Roseland, NJ 237,000
103 Eisenhower Parkway, Roseland, NJ 152,000
Liberty Hall Corporate Center at Union, NJ 200,000
Liberty Hall Corporate Center II at Union, NJ 150,000
Cali Corp. Center at Florham Park, NJ 220,000
Springfield Corp. Center at Springfield, NJ 75,000
Cali Financial Tower at Grove Station, Jersey City, NJ 622,000
Plaza 777, Clifton, NJ 130,000
Essex Passaic Industrial Park at Caldwell, NJ 500,000
Cali Corp. Center at Woodcliff Lake, NJ 480,000
Parkview Plaza at Ridgewood, NJ 115,000
Randolph Industrial Park. at Franklin Twp., NJ 350,000
Hasbrouck Heights, NJ Corp. Park 112,000
Mahwah, NJ Corp. Park 200,000
 
TOTAL SQUARE FOOTAGE 4,306,000


Read the article

Real Estate Forum
November 1991

Living the American Dream With Real Estate Artistry - If art imitates life, especially in the art of real estate development, the three senior principals of Cali Associates might well have been suitable subjects for a Norman Rockwell painting or a Jack London adventure story. Their rise to the heights of real estate development in New Jersey makes for a classic American tale: Two brothers ó born the sons of an immigrant miner in the Colorado Rockies ó and a boyhood pal stick together through the Great Depression and World War II, go to college and become educators. Dissatisfied, they try their hand at real estate  Read more ...