93,376 s/f Virgin lease

Real Estate Weekly, June 3, 2009

Mack-Cali announced that Virgin Mobile USA L.P. has signed a new five-year lease for 93,376 s/f at 10 Independence Boulevard, Somerset Hills Corporate Center, in Warren, N.J.

Virgin Mobile USA L.P is currently a tenant in the building through a sublease. The lease will now expire in March 2016.

Mitchell E. Hersh, president and chief executive officer of Mack-Cali, commented, "We're delighted that Virgin Mobile has chosen to extend its occupancy at this premier property."

10 Independence Boulevard, a 120,528 s/f class A office building, is 100% leased. Marc A. Rosenberg of Cushman & Wakefield of NJ represented the tenant.