SJP Properties Leases 111000 Square Feet To Unilever At Waterfront Corporate Center In Hoboken

The property asset involved is located at 111 River Street in Hoboken, featuring an office space totaling 111,000 square feet. This asset will serve as Unilever's U.S. headquarters within the Waterfront Corporate Center I.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 111 River Street
• Market: Hoboken
• Landlord: Alexander Erdos - SJP Properties
• Tenant: Unilever
• Brokers: Doug Holowink, William Mooney, Gregory Barkan, Nick Nemeth & Robert Norton - CBRE

The transaction was facilitated by a team from CBRE, with Gregory Barkan representing Unilever in the lease agreement. The move is set to occur in the spring, transitioning Unilever's office operations from Englewood Cliffs while retaining its R&D division at that location.