Mack-Cali’s property management expertise provides the Company with a strong competitive advantage. TO OUR SHAREHOLDERS, CONTINUED loyalty that he was cited by one tenant as a major reason for its decision to renew its 75,000 square-foot lease. Or the construction superintendent in Woodcliff Lake, New Jersey, who gave up his nights and weekends to  complete a tenant build-out on an extremely short time schedule to ensure that his tenant would be able to take the early occupancy it requested. Or the building engineer in Elmsford, New York, who spends most of his  waking hours at his building because no matter what hours his tenants keep, he wants to be there to make  sure everything is “just right” for them. Employees like these help set the standards for the hard work, dedication, creativity and service for which Mack-Cali is known. Mack-Cali’s property management expertise continued to be honored in 2002. The Westchester Chapter  of the Building Owners and Managers Association (BOMA) awarded our Mid-Westchester Executive Park, a 15-building office park in Hawthorne, New York, The Office Building of the Year (TOBY) Award. This award, in the suburban office park category, was presented for excellence in building management. Our Westlakes Office Park in Berwyn, Pennsylvania, a four-building class A office complex set on a beautiful 44-acre site, was honored in the business park setting category with the “Best of the Best” Award from BOMA’s Philadelphia Chapter. Mack-Cali’s land bank, which can accommodate almost 9 million square feet of additional office development, continues to prove itself a valuable asset. Because most of the land is adjacent to our existing properties, it allows  us to accommodate tenant expansions and create added value within our portfolio. In 2002, we completed a  100 percent pre-leased office/flex property at our Cross Westchester Executive Park in Elmsford, New York, for  4 Maximizing the Value of Our Land