Annual report pursuant to Section 13 and 15(d)

Real Estate Investments And Accumulated Depreciation

v2.4.1.9
Real Estate Investments And Accumulated Depreciation
12 Months Ended
Dec. 31, 2014
Real Estate Investments And Accumulated Depreciation [Abstract]  
Real Estate Investments And Accumulated Depreciation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE III

 

 

 

 

 

 

Gross Amount at Which

 

 

 

 

 

 

 

 

 

Costs

Carried at Close of

 

 

 

 

 

 

 

Initial Costs

Capitalized

Period (a)

 

 

 

Property

Year

 

Related

 

Building and

Subsequent

 

Building and

 

Accumulated

Property Location

Type

Built

Acquired

Encumbrances

Land

Improvements

to Acquisition

Land

Improvements

Total

Depreciation (b)

 

 

 

 

 

 

 

 

 

 

 

 

NEW JERSEY

 

 

 

 

 

 

 

 

 

 

 

Bergen County

 

 

 

 

 

 

 

 

 

 

 

Fort Lee

 

 

 

 

 

 

 

 

 

 

 

One Bridge Plaza

Office

1981 
1996 

 -

2,439 
24,462 
7,701 
2,439 
32,163 
34,602 
14,550 

2115 Linwood Avenue

Office

1981 
1998 

 -

474 
4,419 
5,870 
474 
10,289 
10,763 
3,629 

Lyndhurst

 

 

 

 

 

 

 

 

 

 

 

210 Clay Avenue

Office

1978 
2009 
13,330 
2,300 
11,189 
(9,034)
781 
3,674 
4,455 
771 

Montvale

 

 

 

 

 

 

 

 

 

 

 

135 Chestnut Ridge Road

Office

1981 
1997 

 -

2,587 
10,350 
1,783 
2,588 
12,132 
14,720 
5,104 

Paramus

 

 

 

 

 

 

 

 

 

 

 

15 East Midland Avenue

Office

1988 
1997 
12,615 
10,375 
41,497 
2,388 
10,374 
43,886 
54,260 
18,222 

140 East Ridgewood Avenue

Office

1981 
1997 
11,887 
7,932 
31,463 
7,012 
7,932 
38,475 
46,407 
16,309 

461 From Road

Office

1988 
1997 

 -

13,194 
52,778 
4,233 
13,194 
57,011 
70,205 
22,956 

650 From Road

Office

1978 
1997 
22,804 
10,487 
41,949 
7,984 
10,487 
49,933 
60,420 
20,867 

61 South Paramus Road (c)

Office

1985 
1997 
22,319 
9,005 
36,018 
7,913 
9,005 
43,931 
52,936 
19,029 

Rochelle Park

 

 

 

 

 

 

 

 

 

 

 

120 West Passaic Street

Office

1972 
1997 

 -

1,354 
5,415 
431 
1,357 
5,843 
7,200 
2,424 

365 West Passaic Street

Office

1976 
1997 
11,887 
4,148 
16,592 
4,442 
4,148 
21,034 
25,182 
9,216 

395 West Passaic Street

Office

1979 
2006 

 -

2,550 
17,131 
437 
2,550 
17,568 
20,118 
3,717 

Upper Saddle River

 

 

 

 

 

 

 

 

 

 

 

1 Lake Street

Office

1994 
1997 
40,756 
13,952 
55,812 
(37,797)
6,268 
25,699 
31,967 
10,336 

10 Mountainview Road

Office

1986 
1998 

 -

4,240 
20,485 
4,480 
4,240 
24,965 
29,205 
10,456 

Woodcliff Lake

 

 

 

 

 

 

 

 

 

 

 

400 Chestnut Ridge Road

Office

1982 
1997 

 -

4,201 
16,802 
(6,650)
2,312 
12,041 
14,353 
6,431 

50 Tice Boulevard

Office

1984 
1994 
23,289 
4,500 

 -

26,578 
4,500 
26,578 
31,078 
18,326 

300 Tice Boulevard

Office

1991 
1996 

 -

5,424 
29,688 
5,970 
5,424 
35,658 
41,082 
15,466 

 

 

 

 

 

 

 

 

 

 

 

 

Burlington County

 

 

 

 

 

 

 

 

 

 

 

Burlington

 

 

 

 

 

 

 

 

 

 

 

3 Terri Lane

Office/Flex

1991 
1998 

 -

652 
3,433 
1,537 
658 
4,964 
5,622 
2,110 

5 Terri Lane

Office/Flex

1992 
1998 

 -

564 
3,792 
2,444 
569 
6,231 
6,800 
2,784 

Moorestown

 

 

 

 

 

 

 

 

 

 

 

2 Commerce Drive

Office/Flex

1986 
1999 

 -

723 
2,893 
544 
723 
3,437 
4,160 
1,351 

101 Commerce Drive

Office/Flex

1988 
1998 

 -

422 
3,528 
436 
426 
3,960 
4,386 
1,782 

102 Commerce Drive

Office/Flex

1987 
1999 

 -

389 
1,554 
556 
389 
2,110 
2,499 
750 

201 Commerce Drive

Office/Flex

1986 
1998 

 -

254 
1,694 
329 
258 
2,019 
2,277 
850 

202 Commerce Drive

Office/Flex

1988 
1999 

 -

490 
1,963 
384 
490 
2,347 
2,837 
851 

1 Executive Drive

Office/Flex

1989 
1998 

 -

226 
1,453 
739 
228 
2,190 
2,418 
873 

2 Executive Drive

Office/Flex

1988 
2000 

 -

801 
3,206 
707 
801 
3,913 
4,714 
1,360 

101 Executive Drive

Office/Flex

1990 
1998 

 -

241 
2,262 
807 
244 
3,066 
3,310 
1,332 

102 Executive Drive

Office/Flex

1990 
1998 

 -

353 
3,607 
420 
357 
4,023 
4,380 
1,701 

225 Executive Drive

Office/Flex

1990 
1998 

 -

323 
2,477 
693 
326 
3,167 
3,493 
1,436 

97 Foster Road

Office/Flex

1982 
1998 

 -

208 
1,382 
389 
211 
1,768 
1,979 
823 

1507 Lancer Drive

Office/Flex

1995 
1998 

 -

119 
1,106 
209 
120 
1,314 
1,434 
561 

1245 North Church Street

Office/Flex

1998 
2001 

 -

691 
2,810 
83 
691 
2,893 
3,584 
997 

1247 North Church Street

Office/Flex

1998 
2001 

 -

805 
3,269 
117 
805 
3,386 
4,191 
1,172 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE III

 

 

 

 

 

 

Gross Amount at Which

 

 

 

 

 

 

 

 

 

Costs

Carried at Close of

 

 

 

 

 

 

 

Initial Costs

Capitalized

Period (a)

 

 

 

 

Year

 

Related

 

Building and

Subsequent

 

Building and

 

Accumulated

Property Location

 

Built

Acquired

Encumbrances

Land

Improvements

to Acquisition

Land

Improvements

Total

Depreciation (b)

 

 

 

 

 

 

 

 

 

 

 

 

1256 North Church Street

Office/Flex

1984 
1998 

 -

354 
3,098 
658 
357 
3,753 
4,110 
1,542 

840 North Lenola Road

Office/Flex

1995 
1998 

 -

329 
2,366 
246 
333 
2,608 
2,941 
1,206 

844 North Lenola Road

Office/Flex

1995 
1998 

 -

239 
1,714 
298 
241 
2,010 
2,251 
881 

915 North Lenola Road

Office/Flex

1998 
2000 

 -

508 
2,034 
273 
508 
2,307 
2,815 
980 

2 Twosome Drive

Office/Flex

2000 
2001 

 -

701 
2,807 
64 
701 
2,871 
3,572 
992 

30 Twosome Drive

Office/Flex

1997 
1998 

 -

234 
1,954 
408 
236 
2,360 
2,596 
1,156 

31 Twosome Drive

Office/Flex

1998 
2001 

 -

815 
3,276 
145 
815 
3,421 
4,236 
1,211 

40 Twosome Drive

Office/Flex

1996 
1998 

 -

297 
2,393 
220 
301 
2,609 
2,910 
1,156 

41 Twosome Drive

Office/Flex

1998 
2001 

 -

605 
2,459 
178 
605 
2,637 
3,242 
923 

50 Twosome Drive

Office/Flex

1997 
1998 

 -

301 
2,330 
98 
304 
2,425 
2,729 
1,065 

 

 

 

 

 

 

 

 

 

 

 

 

Gloucester County

 

 

 

 

 

 

 

 

 

 

 

West Deptford

 

 

 

 

 

 

 

 

 

 

 

1451 Metropolitan Drive

Office/Flex

1996 
1998 

 -

203 
1,189 
74 
206 
1,260 
1,466 
534 

 

 

 

 

 

 

 

 

 

 

 

 

Essex County

 

 

 

 

 

 

 

 

 

 

 

Millburn

 

 

 

 

 

 

 

 

 

 

 

150 J.F. Kennedy Parkway

Office

1980 
1997 

 -

12,606 
50,425 
8,846 
12,606 
59,271 
71,877 
24,979 

Roseland

 

 

 

 

 

 

 

 

 

 

 

4 Becker Farm Road

Office

1983 
2009 
39,421 
5,600 
38,285 
(9,054)
4,271 
30,560 
34,831 
5,854 

5 Becker Farm Road

Office

1982 
2009 
13,867 
2,400 
11,885 
(5,626)
1,492 
7,167 
8,659 
1,128 

6 Becker Farm Road

Office

1983 
2009 
14,226 
2,600 
15,548 
(4,667)
1,883 
11,598 
13,481 
2,113 

101 Eisenhower Parkway

Office

1980 
1994 

 -

228 

 -

21,542 
228 
21,542 
21,770 
12,971 

103 Eisenhower Parkway

Office

1985 
1994 

 -

 -

 -

16,519 
2,300 
14,219 
16,519 
8,961 

105 Eisenhower Parkway

Office

2001 
2001 

 -

4,430 
42,898 
5,289 
3,835 
48,782 
52,617 
22,007 

75 Livingston Avenue

Office

1985 
2009 
10,888 
1,900 
6,312 
(1,637)
1,281 
5,294 
6,575 
1,045 

85 Livingston Avenue

Office

1985 
2009 
15,243 
2,500 
14,238 
(6,542)
1,471 
8,725 
10,196 
1,614 

 

 

 

 

 

 

 

 

 

 

 

 

Hudson County

 

 

 

 

 

 

 

 

 

 

 

Jersey City

 

 

 

 

 

 

 

 

 

 

 

Harborside Plaza 1

Office

1983 
1996 

 -

3,923 
51,013 
27,926 
3,923 
78,939 
82,862 
36,168 

Harborside Plaza 2

Office

1990 
1996 

 -

17,655 
101,546 
21,449 
12,844 
127,806 
140,650 
54,391 

Harborside Plaza 3

Office

1990 
1996 

 -

17,655 
101,878 
21,116 
12,843 
127,806 
140,649 
54,391 

Harborside Plaza 4A

Office

2000 
2000 

 -

1,244 
56,144 
14,698 
1,244 
70,842 
72,086 
28,181 

Harborside Plaza 5

Office

2002 
2002 
221,563 
6,218 
170,682 
52,013 
5,705 
223,208 
228,913 
80,254 

101 Hudson Street

Office

1992 
2005 

 -

45,530 
271,376 
921 
45,530 
272,297 
317,827 
68,400 

Weehawken

 

 

 

 

 

 

 

 

 

 

 

500 Avenue at Port Imperial

Other

2013 
2013 
36,600 
13,099 
56,669 
(21,005)
13,099 
35,664 
48,763 
1,282 

 

 

 

 

 

 

 

 

 

 

 

 

Mercer County

 

 

 

 

 

 

 

 

 

 

 

Hamilton Township

 

 

 

 

 

 

 

 

 

 

 

3 AAA Drive

Office

1981 
2007 

 -

242 
3,218 
1,598 
242 
4,816 
5,058 
1,438 

100 Horizon Center Boulevard

Office/Flex

1989 
1995 

 -

205 
1,676 
728 
323 
2,286 
2,609 
934 

200 Horizon Drive

Office/Flex

1991 
1995 

 -

205 
3,027 
714 
356 
3,590 
3,946 
1,700 

300 Horizon Drive

Office/Flex

1989 
1995 

 -

379 
4,355 
1,188 
530 
5,392 
5,922 
2,537 

500 Horizon Drive

Office/Flex

1990 
1995 

 -

379 
3,395 
921 
495 
4,200 
4,695 
2,029 

600 Horizon Drive

Office/Flex

2002 
2002 

 -

 -

7,549 
651 
685 
7,515 
8,200 
2,270 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE III

 

 

 

 

 

 

Gross Amount at Which

 

 

 

 

 

 

 

 

 

Costs

Carried at Close of

 

 

 

 

 

 

 

Initial Costs

Capitalized

Period (a)

 

 

 

 

Year

 

Related

 

Building and

Subsequent

 

Building and

 

Accumulated

Property Location

 

Built

Acquired

Encumbrances

Land

Improvements

to Acquisition

Land

Improvements

Total

Depreciation (b)

 

 

 

 

 

 

 

 

 

 

 

 

700 Horizon Drive

Office

2007 
2007 

 -

490 
43 
16,572 
865 
16,240 
17,105 
3,519 

2 South Gold Drive

Office

1974 
2007 

 -

476 
3,487 
839 
476 
4,326 
4,802 
813 

Princeton

 

 

 

 

 

 

 

 

 

 

 

103 Carnegie Center

Office

1984 
1996 

 -

2,566 
7,868 
3,183 
2,566 
11,051 
13,617 
5,072 

2 Independence Way

Office

1985 
2009 

 -

1,300 
7,246 
126 
1,300 
7,372 
8,672 
1,392 

3 Independence Way

Office

1983 
1997 

 -

1,997 
11,391 
4,186 
1,997 
15,577 
17,574 
6,986 

100 Overlook Center

Office

1988 
1997 

 -

2,378 
21,754 
3,384 
2,378 
25,138 
27,516 
10,295 

5 Vaughn Drive

Office

1987 
1995 

 -

657 
9,800 
3,001 
657 
12,801 
13,458 
6,434 

 

 

 

 

 

 

 

 

 

 

 

 

Middlesex County

 

 

 

 

 

 

 

 

 

 

 

East Brunswick

 

 

 

 

 

 

 

 

 

 

 

377 Summerhill Road

Office

1977 
1997 

 -

649 
2,594 
412 
649 
3,006 
3,655 
1,355 

Edison

 

 

 

 

 

 

 

 

 

 

 

343 Thornall Street

Office

1991 
2006 

 -

6,027 
39,101 
3,302 
6,027 
42,403 
48,430 
10,907 

New Brunswick

 

 

 

 

 

 

 

 

 

 

 

Richmond Court

Multi-Family

1997 
2013 

 -

2,992 
13,534 
50 
2,992 
13,584 
16,576 
350 

Riverwatch Commons

Multi-Family

1995 
2013 

 -

4,169 
18,974 
59 
4,169 
19,033 
23,202 
491 

Plainsboro

 

 

 

 

 

 

 

 

 

 

 

500 College Road East (c)

Office

1984 
1998 

 -

614 
20,626 
6,178 
614 
26,804 
27,418 
11,800 

Woodbridge

 

 

 

 

 

 

 

 

 

 

 

581 Main Street

Office

1991 
1997 

 -

3,237 
12,949 
26,205 
8,115 
34,276 
42,391 
15,447 

 

 

 

 

 

 

 

 

 

 

 

 

Monmouth County

 

 

 

 

 

 

 

 

 

 

 

Freehold

 

 

 

 

 

 

 

 

 

 

 

2 Paragon Way

Office

1989 
2005 

 -

999 
4,619 
876 
999 
5,495 
6,494 
1,567 

3 Paragon Way

Office

1991 
2005 

 -

1,423 
6,041 
1,550 
1,423 
7,591 
9,014 
2,235 

4 Paragon Way

Office

2002 
2005 

 -

1,961 
8,827 
(512)
1,961 
8,315 
10,276 
1,958 

100 Willow Brook Road

Office

1988 
2005 

 -

1,264 
5,573 
804 
1,264 
6,377 
7,641 
1,844 

Holmdel

 

 

 

 

 

 

 

 

 

 

 

23 Main Street

Office

1977 
2005 
29,210 
4,336 
19,544 
9,133 
4,336 
28,677 
33,013 
11,514 

Middletown

 

 

 

 

 

 

 

 

 

 

 

One River Center, Building 1

Office

1983 
2004 
10,879 
3,070 
17,414 
3,881 
2,451 
21,914 
24,365 
7,051 

One River Center, Building 2

Office

1983 
2004 
12,204 
2,468 
15,043 
3,702 
2,452 
18,761 
21,213 
4,628 

One River Center, Building 3

Office

1984 
2004 
19,393 
4,051 
24,790 
6,030 
4,627 
30,244 
34,871 
8,503 

Neptune

 

 

 

 

 

 

 

 

 

 

 

3600 Route 66

Office

1989 
1995 

 -

1,098 
18,146 
10,455 
1,098 
28,601 
29,699 
10,121 

Wall Township

 

 

 

 

 

 

 

 

 

 

 

1305 Campus Parkway

Office

1988 
1995 

 -

335 
2,560 
648 
291 
3,252 
3,543 
1,463 

1325 Campus Parkway

Office/Flex

1988 
1995 

 -

270 
2,928 
725 
270 
3,653 
3,923 
1,749 

1340 Campus Parkway

Office/Flex

1992 
1995 

 -

489 
4,621 
1,817 
489 
6,438 
6,927 
3,169 

1345 Campus Parkway

Office/Flex

1995 
1997 

 -

1,023 
5,703 
1,703 
1,024 
7,405 
8,429 
3,526 

1350 Campus Parkway

Office

1990 
1995 

 -

454 
7,134 
823 
454 
7,957 
8,411 
3,805 

1433 Highway 34

Office/Flex

1985 
1995 

 -

889 
4,321 
1,617 
889 
5,938 
6,827 
2,670 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE III

 

 

 

 

 

 

Gross Amount at Which

 

 

 

 

 

 

 

 

 

Costs

Carried at Close of

 

 

 

 

 

 

 

Initial Costs

Capitalized

Period (a)

 

 

 

 

Year

 

Related

 

Building and

Subsequent

 

Building and

 

Accumulated

Property Location

 

Built

Acquired

Encumbrances

Land

Improvements

to Acquisition

Land

Improvements

Total

Depreciation (b)

 

 

 

 

 

 

 

 

 

 

 

 

1320 Wyckoff Avenue

Office/Flex

1986 
1995 

 -

255 
1,285 
291 
216 
1,615 
1,831 
833 

1324 Wyckoff Avenue

Office/Flex

1987 
1995 

 -

230 
1,439 
284 
190 
1,763 
1,953 
777 

 

 

 

 

 

 

 

 

 

 

 

 

Morris County

 

 

 

 

 

 

 

 

 

 

 

Florham Park

 

 

 

 

 

 

 

 

 

 

 

325 Columbia Parkway

Office

1987 
1994 

 -

1,564 

 -

17,390 
1,564 
17,390 
18,954 
10,299 

Morris Plains

 

 

 

 

 

 

 

 

 

 

 

250 Johnson Road

Office

1977 
1997 

 -

2,004 
8,016 
(4,825)
930 
4,265 
5,195 
1,618 

201 Littleton Road

Office

1979 
1997 

 -

2,407 
9,627 
3,505 
2,407 
13,132 
15,539 
5,265 

Parsippany

 

 

 

 

 

 

 

 

 

 

 

4 Campus Drive

Office

1983 
2001 

 -

5,213 
20,984 
3,389 
5,213 
24,373 
29,586 
8,918 

6 Campus Drive

Office

1983 
2001 

 -

4,411 
17,796 
3,287 
4,411 
21,083 
25,494 
7,867 

7 Campus Drive

Office

1982 
1998 

 -

1,932 
27,788 
6,310 
1,932 
34,098 
36,030 
14,566 

8 Campus Drive

Office

1987 
1998 

 -

1,865 
35,456 
4,789 
1,865 
40,245 
42,110 
15,971 

9 Campus Drive

Office

1983 
2001 

 -

3,277 
11,796 
16,318 
5,842 
25,549 
31,391 
9,647 

4 Century Drive

Office

1981 
2004 

 -

1,787 
9,575 
1,862 
1,787 
11,437 
13,224 
3,461 

5 Century Drive

Office

1981 
2004 

 -

1,762 
9,341 
2,390 
1,762 
11,731 
13,493 
3,616 

6 Century Drive

Office

1981 
2004 

 -

1,289 
6,848 
2,178 
1,289 
9,026 
10,315 
2,855 

2 Dryden Way

Office

1990 
1998 

 -

778 
420 
110 
778 
530 
1,308 
245 

4 Gatehall Drive

Office

1988 
2000 

 -

8,452 
33,929 
4,433 
8,452 
38,362 
46,814 
14,754 

2 Hilton Court

Office

1991 
1998 

 -

1,971 
32,007 
4,958 
1,971 
36,965 
38,936 
16,047 

1633 Littleton Road

Office

1978 
2002 

 -

2,283 
9,550 
163 
2,355 
9,641 
11,996 
4,227 

600 Parsippany Road

Office

1978 
1994 

 -

1,257 
5,594 
3,277 
1,257 
8,871 
10,128 
4,515 

1 Sylvan Way

Office

1989 
1998 

 -

1,689 
24,699 
2,826 
1,021 
28,193 
29,214 
12,489 

4 Sylvan Way

Office

1983 
2009 
14,575 
2,400 
13,486 
(8,399)
1,131 
6,356 
7,487 
1,149 

5 Sylvan Way

Office

1989 
1998 

 -

1,160 
25,214 
2,723 
1,161 
27,936 
29,097 
11,307 

7 Sylvan Way

Office

1987 
1998 

 -

2,084 
26,083 
841 
2,084 
26,924 
29,008 
11,063 

14 Sylvan Way

Office

2013 
2013 

 -

13,049 
26,841 
8,540 
13,049 
35,381 
48,430 
1,841 

20 Waterview Boulevard

Office

1988 
2009 
24,678 
4,500 
27,246 
(1,233)
4,208 
26,305 
30,513 
4,736 

35 Waterview Boulevard

Office

1990 
2006 

 -

5,133 
28,059 
887 
5,133 
28,946 
34,079 
7,304 

5 Wood Hollow Road

Office

1979 
2004 

 -

5,302 
26,488 
16,441 
5,302 
42,929 
48,231 
15,710 

 

 

 

 

 

 

 

 

 

 

 

 

Passaic County

 

 

 

 

 

 

 

 

 

 

 

Totowa

 

 

 

 

 

 

 

 

 

 

 

1 Center Court

Office/Flex

1999 
1999 

 -

270 
1,824 
493 
270 
2,317 
2,587 
897 

2 Center Court

Office/Flex

1998 
1998 

 -

191 

 -

2,646 
191 
2,646 
2,837 
1,037 

11 Commerce Way

Office/Flex

1989 
1995 

 -

586 
2,986 
1,000 
586 
3,986 
4,572 
1,879 

20 Commerce Way

Office/Flex

1992 
1995 

 -

516 
3,108 
111 
516 
3,219 
3,735 
1,514 

29 Commerce Way

Office/Flex

1990 
1995 

 -

586 
3,092 
858 
586 
3,950 
4,536 
1,642 

40 Commerce Way

Office/Flex

1987 
1995 

 -

516 
3,260 
1,510 
516 
4,770 
5,286 
2,058 

45 Commerce Way

Office/Flex

1992 
1995 

 -

536 
3,379 
576 
536 
3,955 
4,491 
2,023 

60 Commerce Way

Office/Flex

1988 
1995 

 -

526 
3,257 
635 
526 
3,892 
4,418 
2,027 

80 Commerce Way

Office/Flex

1996 
1996 

 -

227 

 -

1,357 
227 
1,357 
1,584 
597 

100 Commerce Way

Office/Flex

1996 
1996 

 -

226 

 -

1,356 
226 
1,356 
1,582 
596 

120 Commerce Way

Office/Flex

1994 
1995 

 -

228 

 -

1,290 
229 
1,289 
1,518 
617 

140 Commerce Way

Office/Flex

1994 
1995 

 -

229 

 -

1,288 
228 
1,289 
1,517 
617 

999 Riverview Drive

Office

1988 
1995 

 -

476 
6,024 
2,793 
1,102 
8,191 
9,293 
4,018 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE III

 

 

 

 

 

 

Gross Amount at Which

 

 

 

 

 

 

 

 

 

Costs

Carried at Close of

 

 

 

 

 

 

 

Initial Costs

Capitalized

Period (a)

 

 

 

 

Year

 

Related

 

Building and

Subsequent

 

Building and

 

Accumulated

Property Location

 

Built

Acquired

Encumbrances

Land

Improvements

to Acquisition

Land

Improvements

Total

Depreciation (b)

 

 

 

 

 

 

 

 

 

 

 

 

Somerset County

 

 

 

 

 

 

 

 

 

 

 

Basking Ridge

 

 

 

 

 

 

 

 

 

 

 

222 Mt. Airy Road

Office

1986 
1996 

 -

775 
3,636 
2,278 
775 
5,914 
6,689 
2,662 

233 Mt. Airy Road

Office

1987 
1996 

 -

1,034 
5,033 
2,204 
1,034 
7,237 
8,271 
2,737 

Bridgewater

 

 

 

 

 

 

 

 

 

 

 

440 Route 22 East

Office

1990 
2010 

 -

3,986 
13,658 
4,814 
3,986 
18,472 
22,458 
3,661 

721 Route 202/206

Office

1989 
1997 

 -

6,730 
26,919 
9,711 
6,730 
36,630 
43,360 
18,700 

Warren

 

 

 

 

 

 

 

 

 

 

 

10 Independence Boulevard

Office

1988 
2009 
16,924 
2,300 
15,499 
(6,031)
1,482 
10,286 
11,768 
1,573 

 

 

 

 

 

 

 

 

 

 

 

 

Union County

 

 

 

 

 

 

 

 

 

 

 

Clark

 

 

 

 

 

 

 

 

 

 

 

100 Walnut Avenue

Office

1985 
1994 
18,542 

 -

 -

17,640 
1,822 
15,818 
17,640 
10,340 

Cranford

 

 

 

 

 

 

 

 

 

 

 

6 Commerce Drive

Office

1973 
1994 

 -

250 

 -

1,784 
250 
1,784 
2,034 
712 

11 Commerce Drive

Office

1981 
1994 

 -

470 

 -

5,556 
470 
5,556 
6,026 
4,655 

12 Commerce Drive

Office

1967 
1997 

 -

887 
3,549 
1,543 
887 
5,092 
5,979 
2,354 

14 Commerce Drive

Office

1971 
2003 

 -

1,283 
6,344 
1,043 
1,283 
7,387 
8,670 
2,185 

20 Commerce Drive

Office

1990 
1994 

 -

2,346 

 -

21,447 
2,346 
21,447 
23,793 
11,154 

25 Commerce Drive

Office

1971 
2002 

 -

1,520 
6,186 
1,028 
1,520 
7,214 
8,734 
3,132 

65 Jackson Drive

Office

1984 
1994 

 -

541 

 -

6,223 
542 
6,222 
6,764 
4,100 

New Providence

 

 

 

 

 

 

 

 

 

 

 

890 Mountain Road

Office

1977 
1997 

 -

2,796 
11,185 
6,167 
3,765 
16,383 
20,148 
6,843 

Rahway

 

 

 

 

 

 

 

 

 

 

 

Park Square

Multi-Family

2011 
2013 
27,500 
4,000 
40,670 
21 
4,000 
40,691 
44,691 
1,132 

 

 

 

 

 

 

 

 

 

 

 

 

NEW YORK

 

 

 

 

 

 

 

 

 

 

 

New York County

 

 

 

 

 

 

 

 

 

 

 

New York

 

 

 

 

 

 

 

 

 

 

 

125 Broad Street

Office

1970 
2007 

 -

50,191 
207,002 
48,289 
50,191 
255,291 
305,482 
48,103 

 

 

 

 

 

 

 

 

 

 

 

 

Westchester County

 

 

 

 

 

 

 

 

 

 

 

Elmsford

 

 

 

 

 

 

 

 

 

 

 

11 Clearbrook Road

Office/Flex

1974 
1997 

 -

149 
2,159 
529 
149 
2,688 
2,837 
1,129 

75 Clearbrook Road

Office/Flex

1990 
1997 

 -

2,314 
4,716 
107 
2,314 
4,823 
7,137 
2,189 

100 Clearbrook Road

Office

1975 
1997 

 -

220 
5,366 
1,653 
220 
7,019 
7,239 
3,117 

125 Clearbrook Road

Office/Flex

2002 
2002 

 -

1,055 
3,676 
(515)
1,055 
3,161 
4,216 
947 

150 Clearbrook Road

Office/Flex

1975 
1997 

 -

497 
7,030 
2,211 
497 
9,241 
9,738 
3,820 

175 Clearbrook Road

Office/Flex

1973 
1997 

 -

655 
7,473 
676 
655 
8,149 
8,804 
3,946 

200 Clearbrook Road

Office/Flex

1974 
1997 

 -

579 
6,620 
1,778 
579 
8,398 
8,977 
3,573 

250 Clearbrook Road

Office/Flex

1973 
1997 

 -

867 
8,647 
1,685 
867 
10,332 
11,199 
4,308 

50 Executive Boulevard

Office/Flex

1969 
1997 

 -

237 
2,617 
398 
237 
3,015 
3,252 
1,308 

77 Executive Boulevard

Office/Flex

1977 
1997 

 -

34 
1,104 
212 
34 
1,316 
1,350 
630 

85 Executive Boulevard

Office/Flex

1968 
1997 

 -

155 
2,507 
691 
155 
3,198 
3,353 
1,503 

101 Executive Boulevard

Office

1971 
1997 

 -

267 
5,838 
(3,536)
101 
2,468 
2,569 
1,060 

300 Executive Boulevard

Office/Flex

1970 
1997 

 -

460 
3,609 
275 
460 
3,884 
4,344 
1,680 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE III

 

 

 

 

 

 

Gross Amount at Which

 

 

 

 

 

 

 

 

 

Costs

Carried at Close of

 

 

 

 

 

 

 

Initial Costs

Capitalized

Period (a)

 

 

 

 

Year

 

Related

 

Building and

Subsequent

 

Building and

 

Accumulated

Property Location

 

Built

Acquired

Encumbrances

Land

Improvements

to Acquisition

Land

Improvements

Total

Depreciation (b)

 

 

 

 

 

 

 

 

 

 

 

 

350 Executive Boulevard

Office/Flex

1970

1997 

 -

100 
1,793 
175 
100 
1,968 
2,068 
871 

399 Executive Boulevard

Office/Flex

1962

1997 

 -

531 
7,191 
163 
531 
7,354 
7,885 
3,310 

400 Executive Boulevard

Office/Flex

1970

1997 

 -

2,202 
1,846 
841 
2,202 
2,687 
4,889 
1,263 

500 Executive Boulevard

Office/Flex

1970

1997 

 -

258 
4,183 
465 
258 
4,648 
4,906 
2,148 

525 Executive Boulevard

Office/Flex

1972

1997 

 -

345 
5,499 
834 
345 
6,333 
6,678 
2,855 

700 Executive Boulevard

Land Lease

N/A

1997 

 -

970 

 -

 -

970 

 -

970 

 -

1 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

268 
233 
501 
504 
221 

2 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

672 
122 
794 
798 
363 

3 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

21 
1,948 
363 
21 
2,311 
2,332 
1,114 

4 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

84 
13,393 
5,155 
85 
18,547 
18,632 
8,563 

5 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

19 
4,804 
939 
19 
5,743 
5,762 
2,551 

6 Warehouse Lane (c)

Industrial/Warehouse

1982

1997 

 -

10 
4,419 
2,445 
10 
6,864 
6,874 
2,592 

1 Westchester Plaza

Office/Flex

1967

1997 

 -

199 
2,023 
469 
199 
2,492 
2,691 
1,197 

2 Westchester Plaza

Office/Flex

1968

1997 

 -

234 
2,726 
701 
234 
3,427 
3,661 
1,417 

3 Westchester Plaza

Office/Flex

1969

1997 

 -

655 
7,936 
1,114 
655 
9,050 
9,705 
4,202 

4 Westchester Plaza

Office/Flex

1969

1997 

 -

320 
3,729 
1,038 
320 
4,767 
5,087 
2,229 

5 Westchester Plaza

Office/Flex

1969

1997 

 -

118 
1,949 
462 
118 
2,411 
2,529 
1,219 

6 Westchester Plaza

Office/Flex

1968

1997 

 -

164 
1,998 
155 
164 
2,153 
2,317 
952 

7 Westchester Plaza

Office/Flex

1972

1997 

 -

286 
4,321 
682 
286 
5,003 
5,289 
2,044 

8 Westchester Plaza

Office/Flex

1971

1997 

 -

447 
5,262 
1,932 
447 
7,194 
7,641 
2,875 

Hawthorne

 

 

 

 

 

 

 

 

 

 

 

200 Saw Mill River Road

Office/Flex

1965

1997 

 -

353 
3,353 
608 
353 
3,961 
4,314 
1,786 

1 Skyline Drive

Office

1980

1997 

 -

66 
1,711 
210 
66 
1,921 
1,987 
890 

2 Skyline Drive

Office

1987

1997 

 -

109 
3,128 
1,474 
109 
4,602 
4,711 
2,057 

4 Skyline Drive

Office/Flex

1987

1997 

 -

363 
7,513 
2,790 
363 
10,303 
10,666 
4,874 

5 Skyline Drive

Office/Flex

1980

2001 

 -

2,219 
8,916 
2,001 
2,219 
10,917 
13,136 
4,588 

6 Skyline Drive

Office/Flex

1980

2001 

 -

740 
2,971 
1,044 
740 
4,015 
4,755 
2,142 

7 Skyline Drive

Office

1987

1998 

 -

330 
13,013 
3,172 
330 
16,185 
16,515 
6,868 

8 Skyline Drive

Office/Flex

1985

1997 

 -

212 
4,410 
951 
212 
5,361 
5,573 
2,577 

10 Skyline Drive

Office/Flex

1985

1997 

 -

134 
2,799 
732 
134 
3,531 
3,665 
1,757 

11 Skyline Drive (c)

Office/Flex

1989

1997 

 -

 -

4,788 
760 

 -

5,548 
5,548 
2,252 

12 Skyline Drive (c)

Office/Flex

1999

1999 

 -

1,562 
3,254 
21 
1,320 
3,517 
4,837 
1,368 

15 Skyline Drive (c)

Office/Flex

1989

1997 

 -

 -

7,449 
628 

 -

8,077 
8,077 
3,544 

17 Skyline Drive (c)

Office

1989

1997 

 -

 -

7,269 
1,484 

 -

8,753 
8,753 
3,725 

Tarrytown

 

 

 

 

 

 

 

 

 

 

 

230 White Plains Road

Retail

1984

1997 

 -

124 
1,845 
107 
124 
1,952 
2,076 
868 

White Plains

 

 

 

 

 

 

 

 

 

 

 

1 Barker Avenue

Office

1975

1997 

 -

208 
9,629 
2,546 
207 
12,176 
12,383 
5,083 

3 Barker Avenue

Office

1983

1997 

 -

122 
7,864 
1,781 
122 
9,645 
9,767 
4,128 

50 Main Street

Office

1985

1997 

 -

564 
48,105 
14,371 
564 
62,476 
63,040 
27,557 

11 Martine Avenue

Office

1987

1997 

 -

127 
26,833 
9,209 
127 
36,042 
36,169 
16,385 

1 Water Street

Office

1979

1997 

 -

211 
5,382 
1,101 
211 
6,483 
6,694 
2,835 

Yonkers

 

 

 

 

 

 

 

 

 

 

 

100 Corporate Boulevard

Office/Flex

1987

1997 

 -

602 
9,910 
1,519 
602 
11,429 
12,031 
5,126 

200 Corporate Boulevard South

Office/Flex

1990

1997 

 -

502 
7,575 
1,538 
502 
9,113 
9,615 
4,107 

1 Enterprise Boulevard

Land Lease

N/A

1997 

 -

1,379 

 -

1,380 

 -

1,380 

 -

1 Executive Boulevard

Office

1982

1997 

 -

1,104 
11,904 
3,281 
1,105 
15,184 
16,289 
6,592 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE III

 

 

 

 

 

 

Gross Amount at Which

 

 

 

 

 

 

 

 

 

Costs

Carried at Close of

 

 

 

 

 

 

 

Initial Costs

Capitalized

Period (a)

 

 

 

 

Year

 

Related

 

Building and

Subsequent

 

Building and

 

Accumulated

Property Location

 

Built

Acquired

Encumbrances

Land

Improvements

to Acquisition

Land

Improvements

Total

Depreciation (b)

 

 

 

 

 

 

 

 

 

 

 

 

2 Executive Boulevard

Retail

1986

1997 

 -

89 
2,439 
100 
89 
2,539 
2,628 
1,113 

3 Executive Boulevard

Office

1987

1997 

 -

385 
6,256 
2,103 
385 
8,359 
8,744 
3,657 

4 Executive Plaza

Office/Flex

1986

1997 

 -

584 
6,134 
942 
584 
7,076 
7,660 
3,285 

6 Executive Plaza

Office/Flex

1987

1997 

 -

546 
7,246 
2,146 
546 
9,392 
9,938 
3,882 

1 Odell Plaza

Office/Flex

1980

1997 

 -

1,206 
6,815 
2,353 
1,206 
9,168 
10,374 
3,895 

3 Odell Plaza

Office

1984

2003 

 -

1,322 
4,777 
2,321 
1,322 
7,098 
8,420 
3,019 

5 Odell Plaza

Office/Flex

1983

1997 

 -

331 
2,988 
894 
331 
3,882 
4,213 
1,994 

7 Odell Plaza

Office/Flex

1984

1997 

 -

419 
4,418 
1,045 
419 
5,463 
5,882 
2,281 

 

 

 

 

 

 

 

 

 

 

 

 

CONNECTICUT

 

 

 

 

 

 

 

 

 

 

 

Fairfield County

 

 

 

 

 

 

 

 

 

 

 

Stamford

 

 

 

 

 

 

 

 

 

 

 

419 West Avenue

Office/Flex

1986 
1997 

 -

4,538 
9,246 
1,295 
4,538 
10,541 
15,079 
4,956 

500 West Avenue

Office/Flex

1988 
1997 

 -

415 
1,679 
615 
415 
2,294 
2,709 
818 

550 West Avenue

Office/Flex

1990 
1997 

 -

1,975 
3,856 
185 
1,975 
4,041 
6,016 
1,846 

600 West Avenue

Office/Flex

1999 
1999 

 -

2,305 
2,863 
866 
2,305 
3,729 
6,034 
1,445 

650 West Avenue

Office/Flex

1998 
1998 

 -

1,328 

 -

3,503 
1,328 
3,503 
4,831 
1,438 

 

 

 

 

 

 

 

 

 

 

 

 

DISTRICT OF COLUMBIA

 

 

 

 

 

 

 

 

 

 

 

Washington,

 

 

 

 

 

 

 

 

 

 

 

1201 Connecticut Avenue, NW

Office

1940 
1999 

 -

14,228 
18,571 
5,846 
14,228 
24,417 
38,645 
10,322 

1400 L Street, NW

Office

1987 
1998 

 -

13,054 
27,423 
7,909 
13,054 
35,332 
48,386 
17,571 

 

 

 

 

 

 

 

 

 

 

 

 

MARYLAND

 

 

 

 

 

 

 

 

 

 

 

Prince George’s County

 

 

 

 

 

 

 

 

 

 

 

Greenbelt

 

 

 

 

 

 

 

 

 

 

 

Capital Office Park Parcel A

Land

N/A

2009 

 -

840 

 -

847 

 -

847 

 -

9200 Edmonston Road

Office

1973/03

2006 
3,951 
1,547 
4,131 
(2,484)
610 
2,584 
3,194 
1,336 

6301 Ivy Lane

Office

1979/95

2006 

 -

5,168 
14,706 
1,289 
5,168 
15,995 
21,163 
3,981 

6303 Ivy Lane

Office

1980/03

2006 

 -

5,115 
13,860 
770 
5,115 
14,630 
19,745 
4,236 

6305 Ivy Lane

Office

1982/95

2006 

 -

5,615 
14,420 
1,071 
5,615 
15,491 
21,106 
3,835 

6404 Ivy Lane

Office

1987 
2006 

 -

7,578 
20,785 
1,998 
7,578 
22,783 
30,361 
6,684 

6406 Ivy Lane

Office

1991 
2006 

 -

7,514 
21,152 
5,770 
7,514 
26,922 
34,436 
5,119 

6411 Ivy Lane

Office

1984/05

2006 

 -

6,867 
17,470 
965 
6,867 
18,435 
25,302 
4,789 

Lanham

 

 

 

 

 

 

 

 

 

 

 

4200 Parliament Place

Office

1989 
1998 

 -

2,114 
13,546 
1,227 
1,393 
15,494 
16,887 
7,227 

 

 

 

 

 

 

 

 

 

 

 

 

MASSACHUSETTS

 

 

 

 

 

 

 

 

 

 

 

Suffolk County

 

 

 

 

 

 

 

 

 

 

 

Revere

 

 

 

 

 

 

 

 

 

 

 

Alterra at Overlook Ridge IA

Multi-Family

2004 
2013 

 -

9,042 
50,671 
357 
9,042 
51,028 
60,070 
2,535 

Alterra at Overlook Ridge II

Multi-Family

2008 
2013 

 -

12,055 
71,409 
345 
12,055 
71,754 
83,809 
3,332 

Andover Place

Multi-Family

1988 
2014 

 -

8,535 
27,609 
154 
8,534 
27,764 
36,298 
696 

 

 

 

 

 

 

 

 

 

 

 

 

Projects Under Development

 

 

 

 

 

 

 

 

 

 

 

 and Developable Land

 

 

 

68,359 
174,581 
182,061 

 -

174,581 
182,061 
356,642 
3,049 

 

 

 

 

 

 

 

 

 

 

 

 

Furniture, Fixtures

 

 

 

 

 

 

 

 

 

 

 

 and Equipment

 

 

 

 -

 -

 -

12,055 

 -

12,055 
12,055 
3,515 

 

 

 

 

 

 

 

 

 

 

 

 

TOTALS

 

 

 

756,910 
778,751 
3,510,501 
668,927 
760,855 
4,197,324 
4,958,179 
1,414,305 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)The aggregate cost for federal income tax purposes at December 31, 2014 was approximately $3.2 billion.

(b)Depreciation of buildings and improvements are calculated over lives ranging from the life of the lease to 40 years.

(c)This property is located on land leased by the Company.

 

 

MACK-CALI REALTY CORPORATION

NOTE TO SCHEDULE III

 

 

 

Changes in rental properties and accumulated depreciation for the periods ended December 31, 2014, 2013 and 2012 are as follows: (dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

2014 

 

 

2013 

 

 

2012 

Rental Properties

 

 

 

 

 

 

 

 

Balance at beginning of year

$

5,129,933 

 

$

5,379,436 

 

$

5,279,770 

Additions

 

193,005 

 

 

317,994 

 

 

296,079 

Rental property held for sale

 

 -

 

 

(107,205)

 

 

(84,716)

Properties sold

 

(331,181)

 

 

(256,335)

 

 

(34,563)

Impairment charge

 

 -

 

 

(149,030)

 

 

(20,573)

Retirements/disposals

 

(33,578)

 

 

(54,927)

 

 

(56,561)

Balance at end of year

$

4,958,179 

 

$

5,129,933 

 

$

5,379,436 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Depreciation

 

 

 

 

 

 

 

 

Balance at beginning of year

$

1,400,988 

 

$

1,478,214 

 

$

1,409,163 

Depreciation expense

 

143,278 

 

 

155,846 

 

 

157,175 

Rental property held for sale

 

 -

 

 

(35,594)

 

 

(23,852)

Properties sold

 

(96,383)

 

 

(104,196)

 

 

(10,026)

Impairment charge

 

 -

 

 

(38,353)

 

 

2,058 

Retirements/disposals

 

(33,578)

 

 

(54,929)

 

 

(56,304)

Balance at end of year

$

1,414,305 

 

$

1,400,988 

 

$

1,478,214