SJP Properties Signs 60,000-SF Office Lease with NICE Systems at Waterfront Corporate Center III

Hoboken, N.J.– SJP Properties today announced that NICE Systems Inc. has signed a new 60,000-square-foot office lease for its new U.S. headquarters at Waterfront Corporate Center III, the third and final building within SJP’s high-performance, mixed-use business center in Hoboken, N.J. Earlier this year, SJP completed construction on the 14-story, 500,000-square-foot building – developed in partnership with USAA Real Estate Company – which recently achieved LEED Gold certification from the U.S. Green Building Council. 

A global enterprise software company, NICE Systems provides solutions to the world’s largest organizations to deliver better customer service, ensure compliance, combat fraud and safeguard citizens. The company’s new lease at Waterfront Corporate Center III will enable it to consolidate its New York City and New Jersey operations in one strategic location that offers direct access to Hoboken’s exceptional transportation network, as well as the city’s numerous shopping, dining and entertainment options.

“We are excited to have chosen this site as our new North American headquarters,” said Tom Dziersk, President of NICE Americas. “Over the years, NICE has made significant investments to grow its presence in the New Jersey/New York region. The company remains committed to future growth in the area, recognizing the opportunities available to grow our businesses and expand our NICE community.”

“Over the past few years, the Hudson River waterfront in New Jersey has seen an increasingly diverse mix of tenants that are attracted to the area’s high-quality transportation network and skilled workforce,” stated Steven J. Pozycki, Chairman and CEO of SJP Properties. “In particular, we’ve seen significant activity at Waterfront Corporate Center from companies in the technology sector, as this property offers quick access to New York City, while providing the high-performance, technologically advanced work environment these companies require.”

Colliers International Executive Director Richard Charkham and Executive Managing Director Richard Mirliss represented NICE Systems in the transaction, while SJP Properties was represented in-house by Senior Vice President Peter Bronsnick.

As the newest tenant of the Waterfront Corporate Center complex, NICE Systems will join a prestigious roster of leading-edge companies, including Marsh & McLennan, Thomson Reuters, RMS and Octapharma. Pearson Education occupies 200,000 square feet to serve as the lead tenant of Waterfront Corporate Center III. In addition, e-commerce start-up Jet.com – led by Marc Lore, former CEO and co-founder of Diapers.com –occupies 40,000 square feet at the building, as does collaborative workspace provider Regus.

Last month, Del Frisco’s Restaurant Group opened its popular Del Frisco’s Grille at Waterfront Corporate Center III.

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.

The complex houses an on-site, state-of-the-art fitness center, Crunch Fitness, as well as the Wicked Wolf restaurant, Jos A. Bank, FedEx and Chase Bank. Earlier this year, childcare learning center Kiddie Academy signed a lease to occupy a portion of the complex’s retail space. Additionally, Waterfront Corporate Center benefits from proximity to downtown Hoboken’s renowned shopping, dining and entertainment options, 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 and walkable amenities.

SJP is currently marketing Waterfront Corporate Center III’s available office space in the tower floors of the building.

Reflective of Waterfront Corporate Center III’s position as one of the state’s preeminent business addresses, the building features highly efficient floor plates and floor-to-ceiling glass windows that permit natural light to penetrate deep into the floors and offer unobstructed 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 building’s tenants. Additionally, the building features an underground parking garage, providing tenants with covered parking access.

About SJP Properties

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 office complexes as well as for individual tenant build-out projects. The company is a recognized leader in the development of build-to-suit office and mixed-use developments on behalf of a long-list of leading corporations, including Panasonic Corporation of North America, Prudential, BMW, Sanofi, Tiffany’s, Ingersoll Rand and Bayer. The company’s leadership has established relationships with many of the industry’s leading investors and financial institutions, providing unparalleled access to capital. 

For 30 years, SJP has sustained an unblemished track record of success, having completed every project on time and within budget. For more information, please call 212-335-2200 or visit www.sjpproperties.com. 

About USAA Real Estate Company

USAA Real Estate Company, with approximately $12 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The USAA portfolio consists of office, industrial, multi-family, retail and hotel properties as well as investment in real estate operating companies. USAA Real Estate Company is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.