EY Signs 168,000-SF Office Lease at SJP Properties’ Waterfront Corporate Center II in Hoboken, N.J.

HOBOKEN, N.J. (August 2, 2016) – Reflective of its continued success attracting leading-edge companies to Waterfront Corporate Center in Hoboken, SJP Properties today announced that EY, formerly Ernst & Young, has signed a new lease for 168,000 square feet of office space at the best-in-class, mixed-use office and retail complex.

The global accounting firm is expected to take occupancy of its space in Waterfront Corporate Center II in June 2017. As part of the transaction, EY will be relocating a portion of its New York City operations to Hoboken.

The CBRE team of Michael Geoghegan, Craig Reicher, Glenn Dyke, Joan Meixner and Nick Hilton represented EY in the transaction. SJP Properties was represented in-house by Executive Vice President Jeff Schotz and Senior Vice President Peter Bronsnick.

Situated within the heart of Hoboken’s master-planned, pedestrian-friendly waterfront, Waterfront Corporate Center is the city’s most successful mixed-use development. The three-building complex comprises 1.5 million square feet of Class A commercial space adjacent to the W Hoboken Hotel and just steps from Hoboken Terminal’s NJ TRANSIT, PATH, NY Waterway Ferry and Light Rail connections.

“Waterfront Corporate Center offers state-of-the-art infrastructure and amenities, and unparalleled access to mass transit and Hoboken’s renowned downtown, providing companies with a world-class business environment that supports productivity, recruitment and growth,” stated Steven J. Pozycki, CEO of SJP Properties. “When we developed the site of Waterfront Corporate Center, we knew that this would become the standard for Class A office and retail space along New Jersey’s Gold Coast, and we are extremely proud to have fully realized that vision.”

In addition to EY, Waterfront Corporate Center’s impressive tenant roster includes Jet.com, NICE Systems, Newell Rubbermaid, Thomson Reuters, Marsh & McLennan, RMS, Octapharma, Pearson Education, and workspace provider Regus.

The complex houses an on-site, state-of-the-art fitness center, Crunch Fitness, as well as the Del Frisco’s Grille, Wicked Wolf restaurant, Jos A. Bank, FedEx, Chase Bank and Kiddie Academy. Additionally, Waterfront Corporate Center benefits from proximity to downtown Hoboken’s renowned amenities, as well as two piers that have been converted into beautiful, water-surrounded recreational parks and a tree-lined boulevard, all of which contribute to Hoboken’s 24/7 lifestyle.

The complex features highly efficient floor plates and offers excellent New York City and Hudson River views. SJP has incorporated energy-efficiency and air quality control features throughout to provide a healthier and more sustainable work environment for the complex’s tenants.

The waterfront neighborhood where Waterfront Corporate Center is located is enhanced by the Port Authority’s investment of more than $80 million in infrastructure improvements along the river, evidenced by two piers that have been converted into beautiful, water-surrounded recreational parks and a tree-lined boulevard. The five-acre park at Pier A includes an open lawn area, fountain, tree grove, pavilion and amphitheater space for tenant use. The two-and-a-half acre park at Pier C features a playground as well as a promenade at its eastern edge with lawn areas and a fishing pier.

 About SJP Properties

Founded in 1981, SJP Properties is a privately held, vertically integrated real estate company specializing in the development, management and operation of Class A commercial and luxury residential developments in the New York Metropolitan region. The expertise of the company’s core in-house team of professionals encompasses the entire development process, from site selection through development and property leasing and management. The company is also a recognized leader in the development of build-to-suit mixed-use developments on behalf of a long-list of leading corporations, including Prudential, Panasonic, BMW, Sanofi, Tiffany’s and Bayer, amongst others.

For 30 years, SJP has sustained an unblemished track record of success, having completed every project on time and within budget, while generating returns exceeding expectations for its investors. The company’s leadership has established trusted, longstanding relationships with many of the industry’s leading investors and financial institutions, which have invested repeatedly alongside SJP throughout its history. For more information, please call (212) 335-2200 or visit www.sjpproperties.com.