SJP Properties Rebrands 95 Greene Street in Jersey City as Liberty Innovation Centre; Taps JLL as Exclusive Leasing Agent

JERSEY CITY, N.J — SJP Properties today announced that it has rebranded 95 Greene Street in downtown Jersey City as the Liberty Innovation Centre, and has named JLL as the building’s exclusive leasing agent to spearhead a marketing campaign focused on attracting tenants in the life sciences, healthcare and technology sectors.

The JLL professionals overseeing the new leasing assignment include Daniel Loughlin, John Cunningham, Blake Goodman and John Cahill. The team will work closely with SJP Properties Executive Vice President Peter Bronsnick and Senior Vice President Zachary Freeman to execute the property’s leasing and marketing.

“Liberty Innovation Centre’s existing base-building infrastructure and waterfront location makes it the ideal solution for life sciences and technology companies seeking commercial space in the supply-constrained New York metropolitan area,” stated Steven J. Pozycki, CEO of SJP Properties. “Despite considerable pent-up demand among these users, very few existing buildings in this market can accommodate tenants with lab components or robust power requirements, let alone those that can also provide immediate access to a highly skilled workforce and Manhattan via multiple mass transit options.”

“SJP Properties had the vision to convert 95 Greene Street, a former Colgate manufacturing plant, into a modern office building,” said Loughlin. “The owner is pursuing the adaptive reuse of the building’s legacy infrastructure and design to accommodate the emerging and specialty facility needs of the life science, healthcare and technology sectors. Most traditional office buildings are not designed for these specific needs or would require significant investment and time to adapt to these unique industries.”

“This great, new opportunity at Liberty Innovation Centre offers R&D, life sciences and technology tenants in the New York metropolitan area tremendous access to the urban labor pool,” said Cahill. “The building is also just steps from PATH and NJ TRANSIT Light Rail service, offering the opportunity to connect with major hospitals and medical schools in Manhattan.”

The eight-story, 350,000-square-foot building originally served as a primary manufacturing facility for Colgate Palmolive. SJP Properties acquired the property in partnership with PGIM Real Estate in 1999 and converted it into a Class A office building that was occupied by Merrill Lynch for many years.

Located at the intersection of Greene and York streets, Liberty Innovation Centre is in the heart of Jersey City’s Paulus Hook neighborhood. The property is a short walk from the Exchange Place PATH Station, NY Waterway Ferry and the Exchange Place stop of the new Hudson-Bergen Light Rail system.

In addition to superior access to public transportation and a highly skilled labor force, the Liberty Innovation Centre features infrastructure essential to life sciences, healthcare and technology organizations, including robust HVAC capacity, utilities, backup power and floor loads; which together with ceiling heights, loading docks and onsite parking create an innovation ecosystem that provides state-of-the-art facilities faster and more economically than anywhere else in the Tri-State area.

About SJP Properties

Headquartered in New York City, SJP Properties is a vertically integrated commercial and residential real estate developer, investor, asset manager, construction manager and property manager. The expertise of the company’s core in-house team of professionals encompasses the entire development process, from site selection through coordination of tenant move-in for large multi-phase projects, including numerous Class A build-to-suit developments and individual tenant build-outs. Well known for the creation of unparalleled lifestyle-focused developments, SJP is committed to meticulous design and engineering development plans that reflect a keen understanding of market demand.

Having sustained an unblemished track record of success, SJP has established relationships with many of the industry’s leading investors and financial institutions, providing unparalleled access to capital. For more information, call 212-335-2200 or visitwww.sjpproperties.com.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 86,000 as of June 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.