A fully-integrated, self-administered and self-managed real estate investment trust providing leasing, management, acquisition, development, construction and tenant-related services for its properties.
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This company owns close to 300 mostly "A-Rated" office properties. It pays an excellent dividend and is IMHO a well-run REIT.
Up here in Bergen County (NJ), Mack-Cali's office parks/buildings are clean, modern, have almost full or full occupancy, and have constantly roving, ever-present security vehicles within their parking lots and pathways; Thus giving the feeling of complete safety for both their commercial tenents and visitors....
This is , in good economic times, a $ 40.00 + stock..When these present 'toxic' times have finally ended, I strongly believe that this stock price level will return......What more can I say ?
Commander Bob