Mack-Cali Realty Announces Common Stock Offering

Keefe Bruyette & Woods has published a research report on Mack-Cali Realty Corporation CLI after the company announced a common stock offering that will total 5.5 million shares. Keefe Bruyette estimates that this offering will impact both the S&P 400 and Russell 1000 indexes. Keefe Bruyette maintains its Market Perform rating on Mack-Cali Realty, which closed yesterday at $34.62.