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NJ Heavyweights Mack-Cali and The Gale Co. Joining Forces

Mack-Cali Solidifies Dominant NJ Office Position in $545 Million Deal
By Tim Trainor
CoStar News
February 16, 2006 | 4:47 P.M.

Mack-Cali Realty Corp. (NYSE:CLI) confirmed reports that it plans to acquire the privately held Gale Real Estate Services Co., one of its biggest in-state competitors, and its approximately 2.8 million-square-foot New Jersey office portfolio, in a series of transactions totaling approximately $545 million.

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