Annual report pursuant to Section 13 and 15(d)

Real Estate Investments And Accumulated Depreciation

v3.3.1.900
Real Estate Investments And Accumulated Depreciation
12 Months Ended
Dec. 31, 2015
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, 2015

 

 

 

 

 

 

 

 

(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  7,444  2,439  31,906  34,345  14,813 

2115 Linwood Avenue

Office

1981  1998 

 -

474  4,419  7,017  474  11,436  11,910  4,083 

Montvale

 

 

 

 

 

 

 

 

 

 

 

135 Chestnut Ridge Road

Office

1981  1997 

 -

2,587  10,350  (4,659) 1,437  6,841  8,278  3,026 

Paramus

 

 

 

 

 

 

 

 

 

 

 

15 East Midland Avenue

Office

1988  1997  12,438  10,375  41,497  2,490  10,374  43,988  54,362  19,632 

140 East Ridgewood Avenue

Office

1981  1997  11,720  7,932  31,463  7,578  7,932  39,041  46,973  17,789 

461 From Road

Office

1988  1997 

 -

13,194  52,778  10,587  13,194  63,365  76,559  24,838 

650 From Road

Office

1978  1997  22,484  10,487  41,949  8,189  10,487  50,138  60,625  22,344 

61 South Paramus Road (c)

Office

1985  1997  22,005  9,005  36,018  9,162  9,005  45,180  54,185  20,390 

Rochelle Park

 

 

 

 

 

 

 

 

 

 

 

120 West Passaic Street

Office

1972  1997 

 -

1,354  5,415  431  1,357  5,843  7,200  2,582 

365 West Passaic Street

Office

1976  1997  11,720  4,148  16,592  5,497  4,148  22,089  26,237  9,804 

395 West Passaic Street

Office

1979  2006 

 -

2,550  17,131  1,020  2,550  18,151  20,701  4,324 

Upper Saddle River

 

 

 

 

 

 

 

 

 

 

 

1 Lake Street

Office

1994  1997  40,184  13,952  55,812  (37,797) 6,268  25,699  31,967  15,132 

10 Mountainview Road

Office

1986  1998 

 -

4,240  20,485  4,743  4,240  25,228  29,468  11,358 

Woodcliff Lake

 

 

 

 

 

 

 

 

 

 

 

400 Chestnut Ridge Road

Office

1982  1997 

 -

4,201  16,802  (6,770) 2,312  11,921  14,233  6,579 

50 Tice Boulevard

Office

1984  1994  22,962  4,500 

 -

27,862  4,500  27,862  32,362  19,320 

300 Tice Boulevard

Office

1991  1996 

 -

5,424  29,688  6,385  5,424  36,073  41,497  16,438 

 

 

 

 

 

 

 

 

 

 

 

 

Burlington County

 

 

 

 

 

 

 

 

 

 

 

Burlington

 

 

 

 

 

 

 

 

 

 

 

3 Terri Lane

Office/Flex

1991  1998 

 -

652  3,433  1,549  658  4,976  5,634  2,285 

5 Terri Lane

Office/Flex

1992  1998 

 -

564  3,792  2,272  569  6,059  6,628  2,856 

Moorestown

 

 

 

 

 

 

 

 

 

 

 

2 Commerce Drive

Office/Flex

1986  1999 

 -

723  2,893  544  723  3,437  4,160  1,461 

101 Commerce Drive

Office/Flex

1988  1998 

 -

422  3,528  436  426  3,960  4,386  1,893 

102 Commerce Drive

Office/Flex

1987  1999 

 -

389  1,554  482  389  2,036  2,425  732 

201 Commerce Drive

Office/Flex

1986  1998 

 -

254  1,694  349  258  2,039  2,297  922 

202 Commerce Drive

Office/Flex

1988  1999 

 -

490  1,963  384  490  2,347  2,837  919 

1 Executive Drive

Office/Flex

1989  1998 

 -

226  1,453  772  228  2,223  2,451  979 

2 Executive Drive

Office/Flex

1988  2000 

 -

801  3,206  980  801  4,186  4,987  1,530 

101 Executive Drive

Office/Flex

1990  1998 

 -

241  2,262  701  244  2,960  3,204  1,328 

102 Executive Drive

Office/Flex

1990  1998 

 -

353  3,607  420  357  4,023  4,380  1,812 

225 Executive Drive

Office/Flex

1990  1998 

 -

323  2,477  457  326  2,931  3,257  1,280 

97 Foster Road

Office/Flex

1982  1998 

 -

208  1,382  389  211  1,768  1,979  885 

1507 Lancer Drive

Office/Flex

1995  1998 

 -

119  1,106  209  120  1,314  1,434  612 

1245 North Church Street

Office/Flex

1998  2001 

 -

691  2,810  110  691  2,920  3,611  1,078 

1247 North Church Street

Office/Flex

1998  2001 

 -

805  3,269  175  805  3,444  4,249  1,287 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2015

 

 

 

 

 

 

 

 

(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  1,678 

840 North Lenola Road

Office/Flex

1995  1998 

 -

329  2,366  499  333  2,861  3,194  1,286 

844 North Lenola Road

Office/Flex

1995  1998 

 -

239  1,714  298  241  2,010  2,251  957 

915 North Lenola Road

Office/Flex

1998  2000 

 -

508  2,034  215  508  2,249  2,757  985 

2 Twosome Drive

Office/Flex

2000  2001 

 -

701  2,807  225  701  3,032  3,733  1,077 

30 Twosome Drive

Office/Flex

1997  1998 

 -

234  1,954  510  236  2,462  2,698  1,251 

31 Twosome Drive

Office/Flex

1998  2001 

 -

815  3,276  258  815  3,534  4,349  1,303 

40 Twosome Drive

Office/Flex

1996  1998 

 -

297  2,393  160  301  2,549  2,850  1,180 

41 Twosome Drive

Office/Flex

1998  2001 

 -

605  2,459  214  605  2,673  3,278  1,016 

50 Twosome Drive

Office/Flex

1997  1998 

 -

301  2,330  98  304  2,425  2,729  1,133 

 

 

 

 

 

 

 

 

 

 

 

 

Essex County

 

 

 

 

 

 

 

 

 

 

 

Millburn

 

 

 

 

 

 

 

 

 

 

 

150 J.F. Kennedy Parkway

Office

1980  1997 

 -

12,606  50,425  8,203  12,606  58,628  71,234  25,768 

Roseland

 

 

 

 

 

 

 

 

 

 

 

4 Becker Farm Road

Office

1983  2009  40,083  5,600  38,285  (9,089) 4,271  30,525  34,796  6,756 

6 Becker Farm Road

Office

1983  2009  13,829  2,600  15,548  (7,006) 1,556  9,586  11,142  2,055 

101 Eisenhower Parkway

Office

1980  1994 

 -

228 

 -

21,850  228  21,850  22,078  14,063 

103 Eisenhower Parkway

Office

1985  1994 

 -

 -

 -

16,898  2,300  14,598  16,898  9,448 

105 Eisenhower Parkway

Office

2001  2001 

 -

4,430  42,898  5,670  3,835  49,163  52,998  22,616 

75 Livingston Avenue

Office

1985  2009  10,599  1,900  6,312  (1,630) 1,281  5,301  6,582  1,206 

85 Livingston Avenue

Office

1985  2009  14,862  2,500  14,238  (8,238) 1,234  7,266  8,500  1,622 

 

 

 

 

 

 

 

 

 

 

 

 

Hudson County

 

 

 

 

 

 

 

 

 

 

 

Jersey City

 

 

 

 

 

 

 

 

 

 

 

Harborside Plaza 1

Office

1983  1996 

 -

3,923  51,013  27,985  3,923  78,998  82,921  39,183 

Harborside Plaza 2

Office

1990  1996 

 -

17,655  101,546  25,245  12,844  131,602  144,446  58,486 

Harborside Plaza 3

Office

1990  1996 

 -

17,655  101,878  24,911  12,843  131,601  144,444  58,486 

Harborside Plaza 4A

Office

2000  2000 

 -

1,244  56,144  14,601  1,244  70,745  71,989  30,770 

Harborside Plaza 5

Office

2002  2002  217,736  6,218  170,682  56,368  5,705  227,563  233,268  86,807 

101 Hudson Street

Office

1992  2005 

 -

45,530  271,376  4,723  45,530  276,099  321,629  76,102 

Weehawken

 

 

 

 

 

 

 

 

 

 

 

500 Avenue at Port Imperial

Other

2013  2013  36,600  13,099  56,669  (21,005) 13,099  35,664  48,763  2,174 

 

 

 

 

 

 

 

 

 

 

 

 

Mercer County

 

 

 

 

 

 

 

 

 

 

 

Hamilton Township

 

 

 

 

 

 

 

 

 

 

 

3 AAA Drive

Office

1981  2007 

 -

242  3,218  1,391  242  4,609  4,851  1,321 

100 Horizon Center Boulevard

Office/Flex

1989  1995 

 -

205  1,676  730  325  2,286  2,611  1,029 

200 Horizon Drive

Office/Flex

1991  1995 

 -

205  3,027  715  357  3,590  3,947  1,845 

300 Horizon Drive

Office/Flex

1989  1995 

 -

379  4,355  1,428  531  5,631  6,162  2,641 

500 Horizon Drive

Office/Flex

1990  1995 

 -

379  3,395  901  496  4,179  4,675  2,152 

600 Horizon Drive

Office/Flex

2002  2002 

 -

 -

7,549  709  685  7,573  8,258  2,478 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2015

 

 

 

 

 

 

 

 

(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  16,663  865  16,331  17,196  4,028 

2 South Gold Drive

Office

1974  2007 

 -

476  3,487  846  476  4,333  4,809  967 

Princeton

 

 

 

 

 

 

 

 

 

 

 

103 Carnegie Center

Office

1984  1996 

 -

2,566  7,868  3,304  2,566  11,172  13,738  5,460 

2 Independence Way

Office

1985  2009 

 -

1,300  7,246  (4,079) 702  3,765  4,467  166 

3 Independence Way

Office

1983  1997 

 -

1,997  11,391  4,374  1,997  15,765  17,762  7,732 

100 Overlook Center

Office

1988  1997 

 -

2,378  21,754  3,666  2,378  25,420  27,798  11,149 

5 Vaughn Drive

Office

1987  1995 

 -

657  9,800  2,962  657  12,762  13,419  6,823 

 

 

 

 

 

 

 

 

 

 

 

 

Middlesex County

 

 

 

 

 

 

 

 

 

 

 

East Brunswick

 

 

 

 

 

 

 

 

 

 

 

377 Summerhill Road

Office

1977  1997 

 -

649  2,594  324  649  2,918  3,567  1,349 

Edison

 

 

 

 

 

 

 

 

 

 

 

333 Thornall Street

Office

1984  2015 

 -

5,542  40,762 

 -

5,542  40,762  46,304  247 

343 Thornall Street

Office

1991  2006 

 -

6,027  39,101  3,349  6,027  42,450  48,477  12,243 

New Brunswick

 

 

 

 

 

 

 

 

 

 

 

Richmond Court

Multi-Family

1997  2013 

 -

2,992  13,534  1,601  2,992  15,135  18,127  689 

Riverwatch Commons

Multi-Family

1995  2013 

 -

4,169  18,974  729  4,169  19,703  23,872  965 

Plainsboro

 

 

 

 

 

 

 

 

 

 

 

500 College Road East (c)

Office

1984  1998 

 -

614  20,626  4,839  614  25,465  26,079  11,312 

Woodbridge

 

 

 

 

 

 

 

 

 

 

 

581 Main Street

Office

1991  1997 

 -

3,237  12,949  26,135  8,115  34,206  42,321  16,730 

 

 

 

 

 

 

 

 

 

 

 

 

Monmouth County

 

 

 

 

 

 

 

 

 

 

 

Freehold

 

 

 

 

 

 

 

 

 

 

 

2 Paragon Way

Office

1989  2005 

 -

999  4,619  (864) 720  4,034  4,754  1,263 

3 Paragon Way

Office

1991  2005 

 -

1,423  6,041  (979) 1,020  5,465  6,485  1,809 

4 Paragon Way

Office

2002  2005 

 -

1,961  8,827  (3,107) 1,404  6,277  7,681  1,585 

100 Willow Brook Road

Office

1988  2005 

 -

1,264  5,573  (1,543) 869  4,425  5,294  1,442 

Holmdel

 

 

 

 

 

 

 

 

 

 

 

23 Main Street

Office

1977  2005  28,541  4,336  19,544  9,133  4,336  28,677  33,013  12,775 

Middletown

 

 

 

 

 

 

 

 

 

 

 

One River Center, Building 1

Office

1983  2004  10,721  3,070  17,414  4,065  2,451  22,098  24,549  7,840 

One River Center, Building 2

Office

1983  2004  12,026  2,468  15,043  3,894  2,452  18,953  21,405  5,441 

One River Center, Building 3

Office

1984  2004  19,112  4,051  24,790  6,171  4,627  30,385  35,012  9,435 

Neptune

 

 

 

 

 

 

 

 

 

 

 

3600 Route 66

Office

1989  1995 

 -

1,098  18,146  11,397  1,098  29,543  30,641  11,448 

Wall Township

 

 

 

 

 

 

 

 

 

 

 

1305 Campus Parkway

Office

1988  1995 

 -

335  2,560  707  291  3,311  3,602  1,618 

1325 Campus Parkway

Office/Flex

1988  1995 

 -

270  2,928  725  270  3,653  3,923  1,914 

1340 Campus Parkway

Office/Flex

1992  1995 

 -

489  4,621  1,836  489  6,457  6,946  3,434 

1345 Campus Parkway

Office/Flex

1995  1997 

 -

1,023  5,703  1,772  1,024  7,474  8,498  3,841 

1350 Campus Parkway

Office

1990  1995 

 -

454  7,134  1,049  454  8,183  8,637  4,016 

1433 Highway 34

Office/Flex

1985  1995 

 -

889  4,321  1,655  889  5,976  6,865  2,972 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2015

 

 

 

 

 

 

 

 

(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  908 

1324 Wyckoff Avenue

Office/Flex

1987  1995 

 -

230  1,439  317  190  1,796  1,986  853 

 

 

 

 

 

 

 

 

 

 

 

 

Morris County

 

 

 

 

 

 

 

 

 

 

 

Florham Park

 

 

 

 

 

 

 

 

 

 

 

325 Columbia Parkway

Office

1987  1994 

 -

1,564 

 -

17,770  1,564  17,770  19,334  11,013 

Morris Plains

 

 

 

 

 

 

 

 

 

 

 

250 Johnson Road

Office

1977  1997 

 -

2,004  8,016  (3,806) 930  5,284  6,214  4,265 

201 Littleton Road

Office

1979  1997 

 -

2,407  9,627  3,351  2,407  12,978  15,385  5,661 

Parsippany

 

 

 

 

 

 

 

 

 

 

 

4 Campus Drive

Office

1983  2001 

 -

5,213  20,984  3,953  5,213  24,937  30,150  8,914 

6 Campus Drive

Office

1983  2001 

 -

4,411  17,796  3,368  4,411  21,164  25,575  8,231 

7 Campus Drive

Office

1982  1998 

 -

1,932  27,788  6,298  1,932  34,086  36,018  15,795 

8 Campus Drive

Office

1987  1998 

 -

1,865  35,456  4,823  1,865  40,279  42,144  17,257 

9 Campus Drive

Office

1983  2001 

 -

3,277  11,796  16,882  5,842  26,113  31,955  10,295 

4 Century Drive

Office

1981  2004 

 -

1,787  9,575  (3,432) 1,086  6,844  7,930  2,188 

5 Century Drive

Office

1981  2004 

 -

1,762  9,341  (3,796) 953  6,354  7,307  2,109 

6 Century Drive

Office

1981  2004 

 -

1,289  6,848  (631) 990  6,516  7,506  1,966 

2 Dryden Way

Office

1990  1998 

 -

778  420  110  778  530  1,308  264 

4 Gatehall Drive

Office

1988  2000 

 -

8,452  33,929  4,055  8,452  37,984  46,436  15,223 

2 Hilton Court

Office

1991  1998 

 -

1,971  32,007  4,434  1,971  36,441  38,412  16,638 

1633 Littleton Road

Office

1978  2002 

 -

2,283  9,550  507  2,355  9,985  12,340  6,117 

600 Parsippany Road

Office

1978  1994 

 -

1,257  5,594  3,102  1,257  8,696  9,953  4,631 

1 Sylvan Way

Office

1989  1998 

 -

1,689  24,699  2,914  1,021  28,281  29,302  13,702 

3 Sylvan Way

Office

1988  2015 

 -

5,590  4,710 

 -

5,590  4,710  10,300 

 -

5 Sylvan Way

Office

1989  1998 

 -

1,160  25,214  2,866  1,161  28,079  29,240  12,067 

7 Sylvan Way

Office

1987  1998 

 -

2,084  26,083  1,185  2,084  27,268  29,352  11,760 

20 Waterview Boulevard

Office

1988  2009  23,989  4,500  27,246  (4,222) 3,816  23,708  27,524  4,895 

35 Waterview Boulevard

Office

1990  2006 

 -

5,133  28,059  1,161  5,133  29,220  34,353  8,100 

5 Wood Hollow Road

Office

1979  2004 

 -

5,302  26,488  15,538  5,302  42,026  47,328  15,275 

 

 

 

 

 

 

 

 

 

 

 

 

Passaic County

 

 

 

 

 

 

 

 

 

 

 

Totowa

 

 

 

 

 

 

 

 

 

 

 

1 Center Court

Office/Flex

1999  1999 

 -

270  1,824  490  270  2,314  2,584  990 

2 Center Court

Office/Flex

1998  1998 

 -

191 

 -

2,476  191  2,476  2,667  1,089 

11 Commerce Way

Office/Flex

1989  1995 

 -

586  2,986  1,000  586  3,986  4,572  2,086 

20 Commerce Way

Office/Flex

1992  1995 

 -

516  3,108  111  516  3,219  3,735  1,600 

29 Commerce Way

Office/Flex

1990  1995 

 -

586  3,092  961  586  4,053  4,639  1,809 

40 Commerce Way

Office/Flex

1987  1995 

 -

516  3,260  1,509  516  4,769  5,285  2,293 

45 Commerce Way

Office/Flex

1992  1995 

 -

536  3,379  497  536  3,876  4,412  1,940 

60 Commerce Way

Office/Flex

1988  1995 

 -

526  3,257  507  526  3,764  4,290  2,048 

80 Commerce Way

Office/Flex

1996  1996 

 -

227 

 -

1,348  227  1,348  1,575  638 

100 Commerce Way

Office/Flex

1996  1996 

 -

226 

 -

1,348  226  1,348  1,574  637 

120 Commerce Way

Office/Flex

1994  1995 

 -

228 

 -

1,284  229  1,283  1,512  657 

140 Commerce Way

Office/Flex

1994  1995 

 -

229 

 -

1,282  228  1,283  1,511  657 

999 Riverview Drive

Office

1988  1995 

 -

476  6,024  2,766  1,102  8,164  9,266  4,367 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2015

 

 

 

 

 

 

 

 

(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  1,848  697  5,562  6,259  2,747 

233 Mt. Airy Road

Office

1987  1996 

 -

1,034  5,033  1,254  915  6,406  7,321  2,677 

Bridgewater

 

 

 

 

 

 

 

 

 

 

 

440 Route 22 East

Office

1990  2010 

 -

3,986  13,658  4,940  3,986  18,598  22,584  4,638 

721 Route 202/206

Office

1989  1997 

 -

6,730  26,919  (952) 5,067  27,630  32,697  14,895 

 

 

 

 

 

 

 

 

 

 

 

 

Union County

 

 

 

 

 

 

 

 

 

 

 

Clark

 

 

 

 

 

 

 

 

 

 

 

100 Walnut Avenue

Office

1985  1994  18,273 

 -

 -

17,801  1,822  15,979  17,801  10,958 

Cranford

 

 

 

 

 

 

 

 

 

 

 

6 Commerce Drive

Office

1973  1994 

 -

250 

 -

1,728  250  1,728  1,978  704 

11 Commerce Drive

Office

1981  1994 

 -

470 

 -

5,490  470  5,490  5,960  4,644 

12 Commerce Drive

Office

1967  1997 

 -

887  3,549  1,543  887  5,092  5,979  2,566 

14 Commerce Drive

Office

1971  2003 

 -

1,283  6,344  1,613  1,283  7,957  9,240  2,477 

20 Commerce Drive

Office

1990  1994 

 -

2,346 

 -

21,663  2,346  21,663  24,009  11,901 

25 Commerce Drive

Office

1971  2002 

 -

1,520  6,186  864  1,520  7,050  8,570  3,239 

65 Jackson Drive

Office

1984  1994 

 -

541 

 -

6,377  542  6,376  6,918  4,381 

New Providence

 

 

 

 

 

 

 

 

 

 

 

890 Mountain Road

Office

1977  1997 

 -

2,796  11,185  (4,798) 1,719  7,464  9,183  3,212 

Rahway

 

 

 

 

 

 

 

 

 

 

 

Park Square

Multi-Family

2011  2013  27,500  4,000  40,670  256  4,000  40,926  44,926  2,148 

 

 

 

 

 

 

 

 

 

 

 

 

NEW YORK

 

 

 

 

 

 

 

 

 

 

 

New York County

 

 

 

 

 

 

 

 

 

 

 

New York

 

 

 

 

 

 

 

 

 

 

 

125 Broad Street

Office

1970  2007 

 -

50,191  207,002  (48,039) 33,829  175,325  209,154  37,852 

 

 

 

 

 

 

 

 

 

 

 

 

Westchester County

 

 

 

 

 

 

 

 

 

 

 

Elmsford

 

 

 

 

 

 

 

 

 

 

 

11 Clearbrook Road

Office/Flex

1974  1997 

 -

149  2,159  602  149  2,761  2,910  1,278 

75 Clearbrook Road

Office/Flex

1990  1997 

 -

2,314  4,716  57  2,314  4,773  7,087  2,259 

100 Clearbrook Road

Office

1975  1997 

 -

220  5,366  1,617  220  6,983  7,203  3,352 

125 Clearbrook Road

Office/Flex

2002  2002 

 -

1,055  3,676  (445) 1,055  3,231  4,286  1,145 

150 Clearbrook Road

Office/Flex

1975  1997 

 -

497  7,030  2,221  497  9,251  9,748  4,104 

175 Clearbrook Road

Office/Flex

1973  1997 

 -

655  7,473  762  655  8,235  8,890  3,863 

200 Clearbrook Road

Office/Flex

1974  1997 

 -

579  6,620  1,888  579  8,508  9,087  3,852 

250 Clearbrook Road

Office/Flex

1973  1997 

 -

867  8,647  2,395  867  11,042  11,909  4,697 

50 Executive Boulevard

Office/Flex

1969  1997 

 -

237  2,617  441  237  3,058  3,295  1,404 

77 Executive Boulevard

Office/Flex

1977  1997 

 -

34  1,104  212  34  1,316  1,350  677 

85 Executive Boulevard

Office/Flex

1968  1997 

 -

155  2,507  516  155  3,023  3,178  1,284 

101 Executive Boulevard

Office

1971  1997 

 -

267  5,838  (3,528) 101  2,476  2,577  2,468 

300 Executive Boulevard

Office/Flex

1970  1997 

 -

460  3,609  306  460  3,915  4,375  1,802 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

December 31, 2015

 

 

 

 

 

 

 

 

(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  942 

399 Executive Boulevard

Office/Flex

1962

1997 

 -

531  7,191  163  531  7,354  7,885  3,502 

400 Executive Boulevard

Office/Flex

1970

1997 

 -

2,202  1,846  938  2,202  2,784  4,986  1,407 

500 Executive Boulevard

Office/Flex

1970

1997 

 -

258  4,183  434  258  4,617  4,875  2,268 

525 Executive Boulevard

Office/Flex

1972

1997 

 -

345  5,499  837  345  6,336  6,681  3,082 

700 Executive Boulevard

Land Lease

N/A

1997 

 -

970 

 -

 -

970 

 -

970 

 -

1 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

268  233  501  504  238 

2 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

672  232  904  908  378 

3 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

21  1,948  363  21  2,311  2,332  1,181 

4 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

84  13,393  3,405  85  16,797  16,882  7,261 

5 Warehouse Lane (c)

Industrial/Warehouse

1957

1997 

 -

19  4,804  943  19  5,747  5,766  2,745 

6 Warehouse Lane (c)

Industrial/Warehouse

1982

1997 

 -

10  4,419  2,381  10  6,800  6,810  2,764 

1 Westchester Plaza

Office/Flex

1967

1997 

 -

199  2,023  469  199  2,492  2,691  1,318 

2 Westchester Plaza

Office/Flex

1968

1997 

 -

234  2,726  686  234  3,412  3,646  1,510 

3 Westchester Plaza

Office/Flex

1969

1997 

 -

655  7,936  1,343  655  9,279  9,934  4,453 

4 Westchester Plaza

Office/Flex

1969

1997 

 -

320  3,729  1,244  320  4,973  5,293  2,455 

5 Westchester Plaza

Office/Flex

1969

1997 

 -

118  1,949  425  118  2,374  2,492  1,219 

6 Westchester Plaza

Office/Flex

1968

1997 

 -

164  1,998  166  164  2,164  2,328  1,012 

7 Westchester Plaza

Office/Flex

1972

1997 

 -

286  4,321  681  286  5,002  5,288  2,187 

8 Westchester Plaza

Office/Flex

1971

1997 

 -

447  5,262  1,917  447  7,179  7,626  3,157 

Hawthorne

 

 

 

 

 

 

 

 

 

 

 

200 Saw Mill River Road

Office/Flex

1965

1997 

 -

353  3,353  533  353  3,886  4,239  1,831 

1 Skyline Drive

Office

1980

1997 

 -

66  1,711  210  66  1,921  1,987  943 

2 Skyline Drive

Office

1987

1997 

 -

109  3,128  1,474  109  4,602  4,711  2,270 

4 Skyline Drive

Office/Flex

1987

1997 

 -

363  7,513  2,873  363  10,386  10,749  5,320 

5 Skyline Drive

Office/Flex

1980

2001 

 -

2,219  8,916  1,747  2,219  10,663  12,882  4,706 

6 Skyline Drive

Office/Flex

1980

2001 

 -

740  2,971  1,498  740  4,469  5,209  2,380 

7 Skyline Drive

Office

1987

1998 

 -

330  13,013  2,564  330  15,577  15,907  6,690 

8 Skyline Drive

Office/Flex

1985

1997 

 -

212  4,410  769  212  5,179  5,391  2,557 

10 Skyline Drive

Office/Flex

1985

1997 

 -

134  2,799  732  134  3,531  3,665  1,903 

11 Skyline Drive (c)

Office/Flex

1989

1997 

 -

 -

4,788  761 

 -

5,549  5,549  2,409 

12 Skyline Drive (c)

Office/Flex

1999

1999 

 -

1,562  3,254  200  1,320  3,696  5,016  1,497 

15 Skyline Drive (c)

Office/Flex

1989

1997 

 -

 -

7,449  1,060 

 -

8,509  8,509  3,620 

17 Skyline Drive (c)

Office

1989

1997 

 -

 -

7,269  1,484 

 -

8,753  8,753  3,998 

Tarrytown

 

 

 

 

 

 

 

 

 

 

 

230 White Plains Road

Retail

1984

1997 

 -

124  1,845  107  124  1,952  2,076  919 

White Plains

 

 

 

 

 

 

 

 

 

 

 

1 Barker Avenue

Office

1975

1997 

 -

208  9,629  2,590  207  12,220  12,427  5,489 

3 Barker Avenue

Office

1983

1997 

 -

122  7,864  1,848  122  9,712  9,834  4,473 

50 Main Street

Office

1985

1997 

 -

564  48,105  14,554  564  62,659  63,223  29,323 

11 Martine Avenue

Office

1987

1997 

 -

127  26,833  8,561  127  35,394  35,521  16,002 

1 Water Street

Office

1979

1997 

 -

211  5,382  1,341  211  6,723  6,934  3,043 

Yonkers

 

 

 

 

 

 

 

 

 

 

 

100 Corporate Boulevard

Office/Flex

1987

1997 

 -

602  9,910  1,397  602  11,307  11,909  5,342 

200 Corporate Boulevard South

Office/Flex

1990

1997 

 -

502  7,575  1,472  502  9,047  9,549  4,473 

1 Enterprise Boulevard

Land Lease

N/A

1997 

 -

1,379 

 -

1,380 

 -

1,380 

 -

1 Executive Boulevard

Office

1982

1997 

 -

1,104  11,904  2,998  1,105  14,901  16,006  6,732 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MACK-CALI REALTY CORPORATION

 

 

 

 

 

 

REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION

 

 

 

 

 

 

 

December 31, 2015

 

 

 

 

 

 

 

 

 

 

(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  107  89  2,546  2,635  1,182 

3 Executive Boulevard

Office

1987

1997 

 -

385  6,256  1,772  385  8,028  8,413  3,625 

4 Executive Plaza

Office/Flex

1986

1997 

 -

584  6,134  1,142  584  7,276  7,860  3,294 

6 Executive Plaza

Office/Flex

1987

1997 

 -

546  7,246  2,206  546  9,452  9,998  4,218 

1 Odell Plaza

Office/Flex

1980

1997 

 -

1,206  6,815  2,221  1,206  9,036  10,242  4,058 

3 Odell Plaza

Office

1984

2003 

 -

1,322  4,777  2,332  1,322  7,109  8,431  3,259 

5 Odell Plaza

Office/Flex

1983

1997 

 -

331  2,988  535  331  3,523  3,854  1,760 

7 Odell Plaza

Office/Flex

1984

1997 

 -

419  4,418  1,249  419  5,667  6,086  2,482 

 

 

 

 

 

 

 

 

 

 

 

 

CONNECTICUT

 

 

 

 

 

 

 

 

 

 

 

Fairfield County

 

 

 

 

 

 

 

 

 

 

 

Stamford

 

 

 

 

 

 

 

 

 

 

 

419 West Avenue

Office/Flex

1986  1997 

 -

4,538  9,246  1,298  4,538  10,544  15,082  5,417 

500 West Avenue

Office/Flex

1988  1997 

 -

415  1,679  654  415  2,333  2,748  899 

550 West Avenue

Office/Flex

1990  1997 

 -

1,975  3,856  185  1,975  4,041  6,016  1,956 

600 West Avenue

Office/Flex

1999  1999 

 -

2,305  2,863  754  2,305  3,617  5,922  1,426 

650 West Avenue

Office/Flex

1998  1998 

 -

1,328 

 -

3,524  1,328  3,524  4,852  1,601 

 

 

 

 

 

 

 

 

 

 

 

 

DISTRICT OF COLUMBIA

 

 

 

 

 

 

 

 

 

 

 

Washington,

 

 

 

 

 

 

 

 

 

 

 

1201 Connecticut Avenue, NW

Office

1940  1999 

 -

14,228  18,571  6,895  14,228  25,466  39,694  11,390 

1400 L Street, NW

Office

1987  1998 

 -

13,054  27,423  7,910  13,054  35,333  48,387  18,841 

 

 

 

 

 

 

 

 

 

 

 

 

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  3,793  1,547  4,131  (2,484) 610  2,584  3,194  1,376 

6301 Ivy Lane

Office

1979/95

2006 

 -

5,168  14,706  (9,924) 2,431  7,519  9,950  1,988 

6303 Ivy Lane

Office

1980/03

2006 

 -

5,115  13,860  (10,097) 2,436  6,442  8,878  1,584 

6305 Ivy Lane

Office

1982/95

2006 

 -

5,615  14,420  (10,137) 2,599  7,299  9,898  1,972 

6404 Ivy Lane

Office

1987  2006 

 -

7,578  20,785  (14,343) 3,437  10,583  14,020  3,376 

6406 Ivy Lane

Office

1991  2006 

 -

7,514  21,152  (14,034) 3,158  11,474  14,632  2,570 

6411 Ivy Lane

Office

1984/05

2006 

 -

6,867  17,470  (12,445) 3,216  8,676  11,892  2,452 

Lanham

 

 

 

 

 

 

 

 

 

 

 

4200 Parliament Place

Office

1989  1998 

 -

2,114  13,546  (6,173) 774  8,713  9,487  4,258 

 

 

 

 

 

 

 

 

 

 

 

 

MASSACHUSETTS

 

 

 

 

 

 

 

 

 

 

 

Suffolk County

 

 

 

 

 

 

 

 

 

 

 

Revere

 

 

 

 

 

 

 

 

 

 

 

Alterra at Overlook Ridge IA

Multi-Family

2004  2013 

 -

9,042  50,671  879  9,042  51,550  60,592  3,859 

Alterra at Overlook Ridge II

Multi-Family

2008  2013 

 -

12,055  71,409  250  12,055  71,659  83,714  5,236 

Andover Place

Multi-Family

1988  2014 

 -

8,535  27,609  2,263  8,534  29,873  38,407  1,623 

 

 

 

 

 

 

 

 

 

 

 

 

Projects Under Development

 

 

 

 

 

 

 

 

 

 

 

 and Developable Land

 

 

 

45,899  204,041  237,906 

 -

204,041  237,906  441,947  323 

 

 

 

 

 

 

 

 

 

 

 

 

Furniture, Fixtures

 

 

 

 

 

 

 

 

 

 

 

 and Equipment

 

 

 

 -

 -

 -

15,167 

 -

15,167  15,167  5,418 

 

 

 

 

 

 

 

 

 

 

 

 

TOTALS

 

 

 

667,076  796,691  3,531,729  479,298  735,696  4,072,022  4,807,718  1,464,482 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)The aggregate cost for federal income tax purposes at December 31, 2015 was approximately $3.3 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, 2015, 2014 and 2013 are as follows: (dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

2015 

 

 

2014 

 

 

2013 

Rental Properties

 

 

 

 

 

 

 

 

Balance at beginning of year

$

4,958,179 

 

$

5,129,933 

 

$

5,379,436 

Additions

 

219,227 

 

 

193,005 

 

 

317,994 

Rental property held for sale

 

 -

 

 

 -

 

 

(107,205)

Properties sold

 

(82,015)

 

 

(331,181)

 

 

(256,335)

Impairment charge

 

(255,849)

 

 

 -

 

 

(149,030)

Retirements/disposals

 

(31,824)

 

 

(33,578)

 

 

(54,927)

Balance at end of year

$

4,807,718 

 

$

4,958,179 

 

$

5,129,933 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Depreciation

 

 

 

 

 

 

 

 

Balance at beginning of year

$

1,414,305 

 

$

1,400,988 

 

$

1,478,214 

Depreciation expense

 

147,447 

 

 

143,278 

 

 

155,846 

Rental property held for sale

 

 -

 

 

 -

 

 

(35,594)

Properties sold

 

(7,517)

 

 

(96,383)

 

 

(104,196)

Impairment charge

 

(57,929)

 

 

 -

 

 

(38,353)

Retirements/disposals

 

(31,824)

 

 

(33,578)

 

 

(54,929)

Balance at end of year

$

1,464,482 

 

$

1,414,305 

 

$

1,400,988