SJP Project Solutions Completes Full-Floor Custom Buildout for LIPTON Teas and Infusions at Waterfront Corporate Center II

Hoboken, NJ – September 21, 2024 – SJP Project Solutions, the third-party development management arm of SJP Properties, has completed the 15,183-square-foot full-floor buildout for Ekaterra Tea, better known as LIPTON Teas and Infusions, at Waterfront Corporate Center II.

Ekaterra Tea is the world’s largest tea business. The company selected SJP Project Solutions to execute a custom interior buildout tailored to the distinctive brands within LIPTON Teas and Infusions.

“121 River Street is the choice of several leading brands for the allure Hoboken has as a walkable, safe, transit-oriented location,” said Alexander Erdos, Senior Vice President – Leasing & Development at SJP Properties. “We are proud that LIPTON selected us to build out their full floor with a bespoke branded design. Maintaining our buildings with state-of-the-art custom buildouts and pristine public spaces enables our office assets to remain the most sought-after Class A properties in the region.”

Situated within the heart of Hoboken’s master-planned, pedestrian-friendly waterfront, Waterfront Corporate Center sits adjacent to the W Hoboken Hotel and is just steps from Hoboken Terminal’s NJ TRANSIT, PATH, NY Waterway Ferry, and Light Rail connections for easy access from NJ suburbs and Manhattan. Additionally, Waterfront Corporate Center benefits from proximity to downtown Hoboken’s renowned amenities, as well as immediate access to 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.

About Ekaterra Tea (LIPTON)
LIPTON Teas and infusions is the world’s largest tea business, with world-class brands that are household names such as Lipton, Pukka, TAZO, T2 and PG Tips. With production sites on 4 continents and a presence in more than 100 countries, LIPTON Teas and Infusions’ products are enjoyed by hundreds of millions of consumers around the world each day. As an independent company since 2022, LIPTON Teas and Infusions is united in one purpose: creating value for all with every sip, from plant to cup.

 About SJP Properties
Headquartered in New York City, SJP Properties is a vertically integrated commercial, residential, and industrial real estate owner, 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 buildouts. 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. Following successful industrial buildouts in the Tri-state area, SJP is expanding its warehousing portfolio across the Eastern Seaboard, most recently with an approximately seven-million-square-foot industrial development strategically located near the Port of Savannah.

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 visit www.sjpproperties.com.