Veris Residential, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Real Estate Investments And Accumulated Depreciation

Real Estate Investments And Accumulated Depreciation

12 Months Ended

Dec. 31, 2018

Real Estate Investments And Accumulated Depreciation



		MACK-CALI REALTY CORPORATION, MACK-CALI REALTY, L.P. AND SUBSIDIARIES
		REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION
				December 31, 2018
				(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 to		Building and		Accumulated
Property Location	Type	Built	Acquired	Encumbrances	Land	Improvements	Acquisition(e)	Land	Improvements	Total (d)	Depreciation (b)

NEW JERSEY
Bergen County
Fort Lee
One Bridge Plaza	Office	1981	1996	-	2,439	24,462	7,436	2,439	31,898	34,337	17,658

Essex County
Millburn
150 J.F. Kennedy Parkway	Office	1980	1997	-	12,606	50,425	17,073	12,606	67,498	80,104	33,259
Roseland
51 J.F. Kennedy Parkway	Office	1988	2017	69,459	5,873	100,359	575	5,873	100,934	106,807	6,806
101 J.F. Kennedy Parkway	Office	1981	2017	29,197	4,380	59,730	1,151	4,380	60,881	65,261	4,063
103 J.F. Kennedy Parkway	Office	1981	2017	24,875	3,158	50,813	469	3,158	51,282	54,440	3,434

Hudson County
Hoboken
111 River Street	Office	2002	2016	-	204	198,609	14,932	-	213,745	213,745	14,364
Jersey City
Harborside Plaza 1	Office	1983	1996	-	3,923	51,013	26,426	3,923	77,439	81,362	41,749
Harborside Plaza 2	Office	1990	1996	-	17,655	101,546	53,393	8,364	164,230	172,594	69,838
Harborside Plaza 3	Office	1990	1996	-	17,655	101,878	53,060	8,363	164,230	172,593	69,838
Harborside Plaza 4A	Office	2000	2000	-	1,244	56,144	8,688	1,244	64,832	66,076	31,301
Harborside Plaza 5	Office	2002	2002	-	6,218	170,682	60,698	5,705	231,893	237,598	101,850
101 Hudson Street	Office	1992	2005	248,460	45,530	271,376	33,508	45,530	304,884	350,414	103,639
Rosegarden Monaco	Multi-Family	2011	2017	168,370	58,761	240,871	434	58,761	241,305	300,066	10,720
Marbella I	Multi-Family	2003	2018	130,040	48,820	160,740	1,306	48,820	162,046	210,866	1,711
Weehawken
100 Avenue at Port Imperial	Other	2016	2016	-	350	-	4,205	471	4,084	4,555	310
500 Avenue at Port Imperial	Other	2013	2013	36,568	13,099	56,669	(19,756)	13,099	36,913	50,012	4,925
Port Imperial South 11	Multi-Family	2018	2018	99,792	-	-	-	22,047	108,392	130,439	577

Mercer County
Princeton
100 Overlook Center	Office	1988	1997	-	2,378	21,754	4,577	2,378	26,331	28,709	13,218
5 Vaughn Drive	Office	1987	1995	-	657	9,800	1,564	657	11,364	12,021	6,529

Middlesex County
Edison
333 Thornall Street	Office	1984	2015	-	5,542	40,762	3,686	5,542	44,448	49,990	4,933
343 Thornall Street	Office	1991	2006	-	6,027	39,101	15,160	6,027	54,261	60,288	16,308
Iselin
101 Wood Avenue South	Office	1990	2016	-	8,509	72,738	1,183	7,384	75,046	82,430	6,936
New Brunswick
Richmond Court	Multi-Family	1997	2013	-	2,992	13,534	1,908	2,992	15,442	18,434	1,856
Riverwatch Commons	Multi-Family	1995	2013	-	4,169	18,974	2,187	4,169	21,161	25,330	2,534
Plainsboro
500 College Road East (c)	Office	1984	1998		614	20,626	5,776	614	26,402	27,016	14,225
Woodbridge
581 Main Street	Office	1991	1997	-	3,237	12,949	35,315	8,115	43,386	51,501	16,482

Monmouth County
Holmdel
23 Main Street	Office	1977	2005	-	4,336	19,544	6,377	4,336	25,921	30,257	8,116
Middletown
One River Center, Building 1	Office	1983	2004	-	3,070	17,414	16,094	2,451	34,127	36,578	8,385
One River Center, Building 2	Office	1983	2004	-	2,468	15,043	4,175	2,452	19,234	21,686	7,880
One River Center, Building 3	Office	1984	2004	-	4,051	24,790	5,688	4,627	29,902	34,529	11,525
Neptune
3600 Route 66	Office	1989	1995	-	1,098	18,146	11,461	1,098	29,607	30,705	15,555
Red Bank
100 Schultz Drive	Office	1989	2017	-	1,953	6,790	1,126	1,953	7,916	9,869	905
200 Schultz Drive	Office	1989	2017	-	2,184	8,259	1,165	2,184	9,424	11,608	1,003



		MACK-CALI REALTY CORPORATION, MACK-CALI REALTY, L.P. AND SUBSIDIARIES
		REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION
				December 31, 2018
				(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 to		Building and		Accumulated
Property Location	Type	Built	Acquired	Encumbrances	Land	Improvements	Acquisition(e)	Land	Improvements	Total (d)	Depreciation (b)

Morris County
Florham Park
325 Columbia Parkway	Office	1987	1994	-	1,564	-	18,616	1,564	18,616	20,180	13,036
Madison
1 Giralda Farms	Office	1982	2017	-	3,370	27,145	734	3,370	27,879	31,249	2,260
7 Giralda Farms	Office	1997	2017	-	5,402	5,402	510	5,402	38,174	43,576	2,766
Morris Plains
Signature Place	Multi-Family			41,703	930	-	56,373	930	56,373	57,303	922
Parsippany
4 Campus Drive	Office	1983	2001	-	5,213	20,984	4,052	5,213	25,036	30,249	11,490
6 Campus Drive	Office	1983	2001	-	4,411	17,796	3,945	4,411	21,741	26,152	9,665
7 Campus Drive	Office	1982	1998	-	1,932	27,788	6,757	1,932	34,545	36,477	18,408
8 Campus Drive	Office	1987	1998	-	1,865	35,456	12,475	1,865	47,931	49,796	22,089
9 Campus Drive	Office	1983	2001	-	3,277	11,796	22,721	5,842	31,952	37,794	13,474
2 Dryden Way	Office	1990	1998	-	778	420	110	778	530	1,308	320
4 Gatehall Drive	Office	1988	2000	-	8,452	33,929	7,788	8,452	41,717	50,169	18,726
2 Hilton Court	Office	1991	1998	-	1,971	32,007	4,474	1,971	36,481	38,452	19,992
1 Sylvan Way	Office	1989	1998	-	1,689	24,699	4,984	1,021	30,351	31,372	14,094
3 Sylvan Way	Office	1988	2015	-	5,590	4,710	9,840	5,590	14,550	20,140	845
5 Sylvan Way	Office	1989	1998	-	1,160	25,214	7,056	1,161	32,269	33,430	14,774
7 Sylvan Way	Office	1987	1998	-	2,084	26,083	14,823	2,084	40,906	42,990	15,697
5 Wood Hollow Road	Office	1979	2004	-	5,302	26,488	21,087	5,302	47,575	52,877	21,689

NEW YORK
Westchester County
Eastchester
Quarry Place at Tuckahoe	Multi-Family	2016	2016	40,433	5,585	3,400	48,718	5,585	52,118	57,703	2,573
Elmsford
11 Clearbrook Road	Office/Flex	1974	1997	-	149	2,159	504	149	2,663	2,812	1,479
75 Clearbrook Road	Office/Flex	1990	1997	-	2,314	4,716	57	2,314	4,773	7,087	2,621
100 Clearbrook Road	Office	1975	1997	-	220	5,366	1,846	220	7,212	7,432	3,620
125 Clearbrook Road	Office/Flex	2002	2002	-	1,055	3,676	(292)	1,055	3,384	4,439	1,685
150 Clearbrook Road	Office/Flex	1975	1997	-	497	7,030	2,198	497	9,228	9,725	4,927
175 Clearbrook Road	Office/Flex	1973	1997	-	655	7,473	973	655	8,446	9,101	4,731
200 Clearbrook Road	Office/Flex	1974	1997	-	579	6,620	1,667	579	8,287	8,866	4,343
250 Clearbrook Road	Office/Flex	1973	1997	-	867	8,647	2,387	867	11,034	11,901	5,813
50 Executive Boulevard	Office/Flex	1969	1997	-	237	2,617	540	237	3,157	3,394	1,731
77 Executive Boulevard	Office/Flex	1977	1997	-	34	1,104	179	34	1,283	1,317	740
85 Executive Boulevard	Office/Flex	1968	1997	-	155	2,507	456	155	2,963	3,118	1,584
101 Executive Boulevard	Office	1971	1997	-	267	5,838	(6,105)	-	-	-	-
300 Executive Boulevard	Office/Flex	1970	1997	-	460	3,609	307	460	3,916	4,376	2,132
350 Executive Boulevard	Office/Flex	1970	1997	-	100	1,793	175	100	1,968	2,068	1,146
399 Executive Boulevard	Office/Flex	1962	1997	-	531	7,191	163	531	7,354	7,885	4,077
400 Executive Boulevard	Office/Flex	1970	1997	-	2,202	1,846	1,140	2,202	2,986	5,188	1,807
500 Executive Boulevard	Office/Flex	1970	1997	-	258	4,183	508	258	4,691	4,949	2,655
525 Executive Boulevard	Office/Flex	1972	1997	-	345	5,499	837	345	6,336	6,681	3,661
1 Westchester Plaza	Office/Flex	1967	1997	-	199	2,023	183	199	2,206	2,405	1,214
2 Westchester Plaza	Office/Flex	1968	1997	-	234	2,726	914	234	3,640	3,874	1,971
3 Westchester Plaza	Office/Flex	1969	1997	-	655	7,936	1,433	655	9,369	10,024	4,876
4 Westchester Plaza	Office/Flex	1969	1997	-	320	3,729	1,531	320	5,260	5,580	2,512
5 Westchester Plaza	Office/Flex	1969	1997	-	118	1,949	303	118	2,252	2,370	1,184
6 Westchester Plaza	Office/Flex	1968	1997	-	164	1,998	202	164	2,200	2,364	1,197
7 Westchester Plaza	Office/Flex	1972	1997	-	286	4,321	1,168	286	5,489	5,775	2,781
8 Westchester Plaza	Office/Flex	1971	1997	-	447	5,262	2,127	447	7,389	7,836	4,025
Hawthorne
200 Saw Mill River Road	Office/Flex	1965	1997	-	353	3,353	833	353	4,186	4,539	2,110
1 Skyline Drive	Office	1980	1997	-	66	1,711	210	66	1,921	1,987	1,102
2 Skyline Drive	Office	1987	1997	-	109	3,128	1,474	109	4,602	4,711	2,909
4 Skyline Drive	Office/Flex	1987	1997	-	363	7,513	2,140	363	9,653	10,016	5,635
5 Skyline Drive	Office/Flex	1980	2001	-	2,219	8,916	1,472	2,219	10,388	12,607	5,340
6 Skyline Drive	Office/Flex	1980	2001	-	740	2,971	535	740	3,506	4,246	1,942
7 Skyline Drive	Office	1987	1998	-	330	13,013	2,733	330	15,746	16,076	8,071
8 Skyline Drive	Office/Flex	1985	1997	-	212	4,410	836	212	5,246	5,458	3,036
10 Skyline Drive	Office/Flex	1985	1997	-	134	2,799	271	134	3,070	3,204	1,630
11 Skyline Drive (c)	Office/Flex	1989	1997	-	-	4,788	763	-	5,551	5,551	2,906
12 Skyline Drive (c)	Office/Flex	1999	1999	-	1,562	3,254	218	1,320	3,714	5,034	1,911
15 Skyline Drive (c)	Office/Flex	1989	1997	-	-	7,449	1,858	-	9,307	9,307	4,537
17 Skyline Drive (c)	Office	1989	1997	-	-	7,269	1,248	-	8,517	8,517	4,547





		MACK-CALI REALTY CORPORATION, MACK-CALI REALTY, L.P. AND SUBSIDIARIES
		REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION
					December 31, 2018
					(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 to		Building and		Accumulated
Property Location	Type	Built	Acquired	Encumbrances	Land	Improvements	Acquisition(e)	Land	Improvements	Total (d)	Depreciation (b)

Tarrytown
230 White Plains Road	Retail	1984	1997	-	124	1,845	288	124	2,133	2,257	1,108
Yonkers
100 Corporate Boulevard	Office/Flex	1987	1997	-	602	9,910	1,175	602	11,085	11,687	6,143
200 Corporate Boulevard South	Office/Flex	1990	1997	-	502	7,575	2,585	502	10,160	10,662	5,017
1 Executive Boulevard	Office	1982	1997	-	1,104	11,904	3,688	1,105	15,591	16,696	8,210
2 Executive Boulevard	Retail	1986	1997	-	89	2,439	107	89	2,546	2,635	1,397
3 Executive Boulevard	Office	1987	1997	-	385	6,256	1,803	385	8,059	8,444	4,496
4 Executive Plaza	Office/Flex	1986	1997	-	584	6,134	854	584	6,988	7,572	3,723
6 Executive Plaza	Office/Flex	1987	1997	-	546	7,246	2,212	546	9,458	10,004	5,127
1 Odell Plaza	Office/Flex	1980	1997	-	1,206	6,815	2,349	1,206	9,164	10,370	5,093
3 Odell Plaza	Office	1984	2003	-	1,322	4,777	2,360	1,322	7,137	8,459	3,976
5 Odell Plaza	Office/Flex	1983	1997	-	331	2,988	476	331	3,464	3,795	2,029
7 Odell Plaza	Office/Flex	1984	1997	-	419	4,418	1,303	419	5,721	6,140	2,938

CONNECTICUT
Fairfield County
Stamford
419 West Avenue	Office/Flex	1986	1997	-	4,538	9,246	482	4,538	9,728	14,266	5,316
500 West Avenue	Office/Flex	1988	1997	-	415	1,679	646	415	2,325	2,740	1,221
550 West Avenue	Office/Flex	1990	1997	-	1,975	3,856	133	1,975	3,989	5,964	2,172
600 West Avenue	Office/Flex	1999	1999	-	2,305	2,863	1,184	2,305	4,047	6,352	1,739
650 West Avenue	Office/Flex	1998	1998	-	1,328	-	3,247	1,328	3,247	4,575	1,805

MASSACHUSETTS
Middlesex County
Malden
The Chase at Overlook Ridge	Multi-Family	2016	2016	134,839	11,072	87,793	74,692	21,827	151,730	173,557	9,969

Suffolk County
East Boston
Portside at Pier One	Multi-Family	2016	2016	58,644	-	73,713	446	-	74,159	74,159	6,163
Portside 5/6	Multi-Family	2018	2018	96,369	-	-	-	-	113,913	113,913	1,268
Revere
Alterra at Overlook Ridge IA	Multi-Family	2004	2013	40,102	9,042	50,671	1,072	9,042	51,743	60,785	7,933
Alterra at Overlook Ridge II	Multi-Family	2008	2013	59,371	12,055	71,409	409	12,056	71,817	83,873	10,980

Projects Under Development
and Developable Land				128,017	363,373	494,764	-	363,373	494,764	858,137	14,726

Furniture, Fixtures
and Equipment				-	-	-	53,718	-	53,718	53,718	15,879

TOTALS				1,406,239	788,528	3,429,551	811,324	807,236	4,498,781	5,306,017	1,097,868

(a)The aggregate cost for federal income tax purposes at December 31, 2018 was approximately $5.1 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.

(d)Properties identified as held for sale at December 31, 2018 are excluded.

(e)These costs are net of impairments and valuation allowances recorded, if any.

MACK-CALI REALTY CORPORATION/MACK-CALI REALTY, L.P. AND SUBSIDIARIES

NOTE TO SCHEDULE III

Changes in rental properties and accumulated depreciation for the periods ended December 31, 2018, 2017 and 2016 are as follows: (dollars in thousands)


		2018		2017		2016
Rental Properties
Balance at beginning of year	$	5,102,844	$	4,804,867	$	4,807,718
Additions		686,452		1,179,365		819,535
Rental property held for sale		(184,233)		(310,089)		(79,200)
Properties sold		(238,873)		(538,424)		(695,837)
Impairments		-		-		-
Retirements/disposals		(60,173)		(32,875)		(47,349)
Balance at end of year	$	5,306,017	$	5,102,844	$	4,804,867


Accumulated Depreciation
Balance at beginning of year	$	1,087,083	$	1,332,073	$	1,464,482
Depreciation expense		140,726		154,343		151,569
Rental property held for sale		(30,404)		(126,503)		(31,792)
Properties sold		(39,364)		(217,625)		(204,837)
Repurposed buildings		-		(22,330)		-
Impairments		-		-		-
Retirements/disposals		(60,173)		(32,875)		(47,349)
Balance at end of year	$	1,097,868	$	1,087,083	$	1,332,073

Schadf

Mack-Cali Realty LP [Member]

Real Estate Investments And Accumulated Depreciation



		MACK-CALI REALTY CORPORATION, MACK-CALI REALTY, L.P. AND SUBSIDIARIES
		REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION
				December 31, 2018
				(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 to		Building and		Accumulated
Property Location	Type	Built	Acquired	Encumbrances	Land	Improvements	Acquisition(e)	Land	Improvements	Total (d)	Depreciation (b)

NEW JERSEY
Bergen County
Fort Lee
One Bridge Plaza	Office	1981	1996	-	2,439	24,462	7,436	2,439	31,898	34,337	17,658

Essex County
Millburn
150 J.F. Kennedy Parkway	Office	1980	1997	-	12,606	50,425	17,073	12,606	67,498	80,104	33,259
Roseland
51 J.F. Kennedy Parkway	Office	1988	2017	69,459	5,873	100,359	575	5,873	100,934	106,807	6,806
101 J.F. Kennedy Parkway	Office	1981	2017	29,197	4,380	59,730	1,151	4,380	60,881	65,261	4,063
103 J.F. Kennedy Parkway	Office	1981	2017	24,875	3,158	50,813	469	3,158	51,282	54,440	3,434

Hudson County
Hoboken
111 River Street	Office	2002	2016	-	204	198,609	14,932	-	213,745	213,745	14,364
Jersey City
Harborside Plaza 1	Office	1983	1996	-	3,923	51,013	26,426	3,923	77,439	81,362	41,749
Harborside Plaza 2	Office	1990	1996	-	17,655	101,546	53,393	8,364	164,230	172,594	69,838
Harborside Plaza 3	Office	1990	1996	-	17,655	101,878	53,060	8,363	164,230	172,593	69,838
Harborside Plaza 4A	Office	2000	2000	-	1,244	56,144	8,688	1,244	64,832	66,076	31,301
Harborside Plaza 5	Office	2002	2002	-	6,218	170,682	60,698	5,705	231,893	237,598	101,850
101 Hudson Street	Office	1992	2005	248,460	45,530	271,376	33,508	45,530	304,884	350,414	103,639
Rosegarden Monaco	Multi-Family	2011	2017	168,370	58,761	240,871	434	58,761	241,305	300,066	10,720
Marbella I	Multi-Family	2003	2018	130,040	48,820	160,740	1,306	48,820	162,046	210,866	1,711
Weehawken
100 Avenue at Port Imperial	Other	2016	2016	-	350	-	4,205	471	4,084	4,555	310
500 Avenue at Port Imperial	Other	2013	2013	36,568	13,099	56,669	(19,756)	13,099	36,913	50,012	4,925
Port Imperial South 11	Multi-Family	2018	2018	99,792	-	-	-	22,047	108,392	130,439	577

Mercer County
Princeton
100 Overlook Center	Office	1988	1997	-	2,378	21,754	4,577	2,378	26,331	28,709	13,218
5 Vaughn Drive	Office	1987	1995	-	657	9,800	1,564	657	11,364	12,021	6,529

Middlesex County
Edison
333 Thornall Street	Office	1984	2015	-	5,542	40,762	3,686	5,542	44,448	49,990	4,933
343 Thornall Street	Office	1991	2006	-	6,027	39,101	15,160	6,027	54,261	60,288	16,308
Iselin
101 Wood Avenue South	Office	1990	2016	-	8,509	72,738	1,183	7,384	75,046	82,430	6,936
New Brunswick
Richmond Court	Multi-Family	1997	2013	-	2,992	13,534	1,908	2,992	15,442	18,434	1,856
Riverwatch Commons	Multi-Family	1995	2013	-	4,169	18,974	2,187	4,169	21,161	25,330	2,534
Plainsboro
500 College Road East (c)	Office	1984	1998		614	20,626	5,776	614	26,402	27,016	14,225
Woodbridge
581 Main Street	Office	1991	1997	-	3,237	12,949	35,315	8,115	43,386	51,501	16,482

Monmouth County
Holmdel
23 Main Street	Office	1977	2005	-	4,336	19,544	6,377	4,336	25,921	30,257	8,116
Middletown
One River Center, Building 1	Office	1983	2004	-	3,070	17,414	16,094	2,451	34,127	36,578	8,385
One River Center, Building 2	Office	1983	2004	-	2,468	15,043	4,175	2,452	19,234	21,686	7,880
One River Center, Building 3	Office	1984	2004	-	4,051	24,790	5,688	4,627	29,902	34,529	11,525
Neptune
3600 Route 66	Office	1989	1995	-	1,098	18,146	11,461	1,098	29,607	30,705	15,555
Red Bank
100 Schultz Drive	Office	1989	2017	-	1,953	6,790	1,126	1,953	7,916	9,869	905
200 Schultz Drive	Office	1989	2017	-	2,184	8,259	1,165	2,184	9,424	11,608	1,003



		MACK-CALI REALTY CORPORATION, MACK-CALI REALTY, L.P. AND SUBSIDIARIES
		REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION
				December 31, 2018
				(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 to		Building and		Accumulated
Property Location	Type	Built	Acquired	Encumbrances	Land	Improvements	Acquisition(e)	Land	Improvements	Total (d)	Depreciation (b)

Morris County
Florham Park
325 Columbia Parkway	Office	1987	1994	-	1,564	-	18,616	1,564	18,616	20,180	13,036
Madison
1 Giralda Farms	Office	1982	2017	-	3,370	27,145	734	3,370	27,879	31,249	2,260
7 Giralda Farms	Office	1997	2017	-	5,402	5,402	510	5,402	38,174	43,576	2,766
Morris Plains
Signature Place	Multi-Family			41,703	930	-	56,373	930	56,373	57,303	922
Parsippany
4 Campus Drive	Office	1983	2001	-	5,213	20,984	4,052	5,213	25,036	30,249	11,490
6 Campus Drive	Office	1983	2001	-	4,411	17,796	3,945	4,411	21,741	26,152	9,665
7 Campus Drive	Office	1982	1998	-	1,932	27,788	6,757	1,932	34,545	36,477	18,408
8 Campus Drive	Office	1987	1998	-	1,865	35,456	12,475	1,865	47,931	49,796	22,089
9 Campus Drive	Office	1983	2001	-	3,277	11,796	22,721	5,842	31,952	37,794	13,474
2 Dryden Way	Office	1990	1998	-	778	420	110	778	530	1,308	320
4 Gatehall Drive	Office	1988	2000	-	8,452	33,929	7,788	8,452	41,717	50,169	18,726
2 Hilton Court	Office	1991	1998	-	1,971	32,007	4,474	1,971	36,481	38,452	19,992
1 Sylvan Way	Office	1989	1998	-	1,689	24,699	4,984	1,021	30,351	31,372	14,094
3 Sylvan Way	Office	1988	2015	-	5,590	4,710	9,840	5,590	14,550	20,140	845
5 Sylvan Way	Office	1989	1998	-	1,160	25,214	7,056	1,161	32,269	33,430	14,774
7 Sylvan Way	Office	1987	1998	-	2,084	26,083	14,823	2,084	40,906	42,990	15,697
5 Wood Hollow Road	Office	1979	2004	-	5,302	26,488	21,087	5,302	47,575	52,877	21,689

NEW YORK
Westchester County
Eastchester
Quarry Place at Tuckahoe	Multi-Family	2016	2016	40,433	5,585	3,400	48,718	5,585	52,118	57,703	2,573
Elmsford
11 Clearbrook Road	Office/Flex	1974	1997	-	149	2,159	504	149	2,663	2,812	1,479
75 Clearbrook Road	Office/Flex	1990	1997	-	2,314	4,716	57	2,314	4,773	7,087	2,621
100 Clearbrook Road	Office	1975	1997	-	220	5,366	1,846	220	7,212	7,432	3,620
125 Clearbrook Road	Office/Flex	2002	2002	-	1,055	3,676	(292)	1,055	3,384	4,439	1,685
150 Clearbrook Road	Office/Flex	1975	1997	-	497	7,030	2,198	497	9,228	9,725	4,927
175 Clearbrook Road	Office/Flex	1973	1997	-	655	7,473	973	655	8,446	9,101	4,731
200 Clearbrook Road	Office/Flex	1974	1997	-	579	6,620	1,667	579	8,287	8,866	4,343
250 Clearbrook Road	Office/Flex	1973	1997	-	867	8,647	2,387	867	11,034	11,901	5,813
50 Executive Boulevard	Office/Flex	1969	1997	-	237	2,617	540	237	3,157	3,394	1,731
77 Executive Boulevard	Office/Flex	1977	1997	-	34	1,104	179	34	1,283	1,317	740
85 Executive Boulevard	Office/Flex	1968	1997	-	155	2,507	456	155	2,963	3,118	1,584
101 Executive Boulevard	Office	1971	1997	-	267	5,838	(6,105)	-	-	-	-
300 Executive Boulevard	Office/Flex	1970	1997	-	460	3,609	307	460	3,916	4,376	2,132
350 Executive Boulevard	Office/Flex	1970	1997	-	100	1,793	175	100	1,968	2,068	1,146
399 Executive Boulevard	Office/Flex	1962	1997	-	531	7,191	163	531	7,354	7,885	4,077
400 Executive Boulevard	Office/Flex	1970	1997	-	2,202	1,846	1,140	2,202	2,986	5,188	1,807
500 Executive Boulevard	Office/Flex	1970	1997	-	258	4,183	508	258	4,691	4,949	2,655
525 Executive Boulevard	Office/Flex	1972	1997	-	345	5,499	837	345	6,336	6,681	3,661
1 Westchester Plaza	Office/Flex	1967	1997	-	199	2,023	183	199	2,206	2,405	1,214
2 Westchester Plaza	Office/Flex	1968	1997	-	234	2,726	914	234	3,640	3,874	1,971
3 Westchester Plaza	Office/Flex	1969	1997	-	655	7,936	1,433	655	9,369	10,024	4,876
4 Westchester Plaza	Office/Flex	1969	1997	-	320	3,729	1,531	320	5,260	5,580	2,512
5 Westchester Plaza	Office/Flex	1969	1997	-	118	1,949	303	118	2,252	2,370	1,184
6 Westchester Plaza	Office/Flex	1968	1997	-	164	1,998	202	164	2,200	2,364	1,197
7 Westchester Plaza	Office/Flex	1972	1997	-	286	4,321	1,168	286	5,489	5,775	2,781
8 Westchester Plaza	Office/Flex	1971	1997	-	447	5,262	2,127	447	7,389	7,836	4,025
Hawthorne
200 Saw Mill River Road	Office/Flex	1965	1997	-	353	3,353	833	353	4,186	4,539	2,110
1 Skyline Drive	Office	1980	1997	-	66	1,711	210	66	1,921	1,987	1,102
2 Skyline Drive	Office	1987	1997	-	109	3,128	1,474	109	4,602	4,711	2,909
4 Skyline Drive	Office/Flex	1987	1997	-	363	7,513	2,140	363	9,653	10,016	5,635
5 Skyline Drive	Office/Flex	1980	2001	-	2,219	8,916	1,472	2,219	10,388	12,607	5,340
6 Skyline Drive	Office/Flex	1980	2001	-	740	2,971	535	740	3,506	4,246	1,942
7 Skyline Drive	Office	1987	1998	-	330	13,013	2,733	330	15,746	16,076	8,071
8 Skyline Drive	Office/Flex	1985	1997	-	212	4,410	836	212	5,246	5,458	3,036
10 Skyline Drive	Office/Flex	1985	1997	-	134	2,799	271	134	3,070	3,204	1,630
11 Skyline Drive (c)	Office/Flex	1989	1997	-	-	4,788	763	-	5,551	5,551	2,906
12 Skyline Drive (c)	Office/Flex	1999	1999	-	1,562	3,254	218	1,320	3,714	5,034	1,911
15 Skyline Drive (c)	Office/Flex	1989	1997	-	-	7,449	1,858	-	9,307	9,307	4,537
17 Skyline Drive (c)	Office	1989	1997	-	-	7,269	1,248	-	8,517	8,517	4,547





		MACK-CALI REALTY CORPORATION, MACK-CALI REALTY, L.P. AND SUBSIDIARIES
		REAL ESTATE INVESTMENTS AND ACCUMULATED DEPRECIATION
					December 31, 2018
					(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 to		Building and		Accumulated
Property Location	Type	Built	Acquired	Encumbrances	Land	Improvements	Acquisition(e)	Land	Improvements	Total (d)	Depreciation (b)

Tarrytown
230 White Plains Road	Retail	1984	1997	-	124	1,845	288	124	2,133	2,257	1,108
Yonkers
100 Corporate Boulevard	Office/Flex	1987	1997	-	602	9,910	1,175	602	11,085	11,687	6,143
200 Corporate Boulevard South	Office/Flex	1990	1997	-	502	7,575	2,585	502	10,160	10,662	5,017
1 Executive Boulevard	Office	1982	1997	-	1,104	11,904	3,688	1,105	15,591	16,696	8,210
2 Executive Boulevard	Retail	1986	1997	-	89	2,439	107	89	2,546	2,635	1,397
3 Executive Boulevard	Office	1987	1997	-	385	6,256	1,803	385	8,059	8,444	4,496
4 Executive Plaza	Office/Flex	1986	1997	-	584	6,134	854	584	6,988	7,572	3,723
6 Executive Plaza	Office/Flex	1987	1997	-	546	7,246	2,212	546	9,458	10,004	5,127
1 Odell Plaza	Office/Flex	1980	1997	-	1,206	6,815	2,349	1,206	9,164	10,370	5,093
3 Odell Plaza	Office	1984	2003	-	1,322	4,777	2,360	1,322	7,137	8,459	3,976
5 Odell Plaza	Office/Flex	1983	1997	-	331	2,988	476	331	3,464	3,795	2,029
7 Odell Plaza	Office/Flex	1984	1997	-	419	4,418	1,303	419	5,721	6,140	2,938

CONNECTICUT
Fairfield County
Stamford
419 West Avenue	Office/Flex	1986	1997	-	4,538	9,246	482	4,538	9,728	14,266	5,316
500 West Avenue	Office/Flex	1988	1997	-	415	1,679	646	415	2,325	2,740	1,221
550 West Avenue	Office/Flex	1990	1997	-	1,975	3,856	133	1,975	3,989	5,964	2,172
600 West Avenue	Office/Flex	1999	1999	-	2,305	2,863	1,184	2,305	4,047	6,352	1,739
650 West Avenue	Office/Flex	1998	1998	-	1,328	-	3,247	1,328	3,247	4,575	1,805

MASSACHUSETTS
Middlesex County
Malden
The Chase at Overlook Ridge	Multi-Family	2016	2016	134,839	11,072	87,793	74,692	21,827	151,730	173,557	9,969

Suffolk County
East Boston
Portside at Pier One	Multi-Family	2016	2016	58,644	-	73,713	446	-	74,159	74,159	6,163
Portside 5/6	Multi-Family	2018	2018	96,369	-	-	-	-	113,913	113,913	1,268
Revere
Alterra at Overlook Ridge IA	Multi-Family	2004	2013	40,102	9,042	50,671	1,072	9,042	51,743	60,785	7,933
Alterra at Overlook Ridge II	Multi-Family	2008	2013	59,371	12,055	71,409	409	12,056	71,817	83,873	10,980

Projects Under Development
and Developable Land				128,017	363,373	494,764	-	363,373	494,764	858,137	14,726

Furniture, Fixtures
and Equipment				-	-	-	53,718	-	53,718	53,718	15,879

TOTALS				1,406,239	788,528	3,429,551	811,324	807,236	4,498,781	5,306,017	1,097,868

(a)The aggregate cost for federal income tax purposes at December 31, 2018 was approximately $5.1 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.

(d)Properties identified as held for sale at December 31, 2018 are excluded.

(e)These costs are net of impairments and valuation allowances recorded, if any.

MACK-CALI REALTY CORPORATION/MACK-CALI REALTY, L.P. AND SUBSIDIARIES

NOTE TO SCHEDULE III

Changes in rental properties and accumulated depreciation for the periods ended December 31, 2018, 2017 and 2016 are as follows: (dollars in thousands)


		2018		2017		2016
Rental Properties
Balance at beginning of year	$	5,102,844	$	4,804,867	$	4,807,718
Additions		686,452		1,179,365		819,535
Rental property held for sale		(184,233)		(310,089)		(79,200)
Properties sold		(238,873)		(538,424)		(695,837)
Impairments		-		-		-
Retirements/disposals		(60,173)		(32,875)		(47,349)
Balance at end of year	$	5,306,017	$	5,102,844	$	4,804,867


Accumulated Depreciation
Balance at beginning of year	$	1,087,083	$	1,332,073	$	1,464,482
Depreciation expense		140,726		154,343		151,569
Rental property held for sale		(30,404)		(126,503)		(31,792)
Properties sold		(39,364)		(217,625)		(204,837)
Repurposed buildings		-		(22,330)		-
Impairments		-		-		-
Retirements/disposals		(60,173)		(32,875)		(47,349)
Balance at end of year	$	1,097,868	$	1,087,083	$	1,332,073

Schadf