LEASEDOffice
Semperis Leases 12016 Square Feet Office At 111 River Street In Hoboken From SJP Properties
111 River Street
Building Size
12,016 SF
Asset Type
Office
Closing
Jan 23, 2026
AI
111 River Street is an office building located in Hoboken, featuring a total square footage of 12,016. It comprises 13 stories and accommodates Unilever's U.S. headquarters.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 111 River Street
- Market: Hoboken
- Landlord: SJP Properties
- Tenant: Semperis
- Brokers: Patrick Decker, Mina Shehata, David DeMatteis & Mark Zaziski - Cushman & Wakefield
In this transaction, Semperis leased space on the ninth floor of the building. Cushman & Wakefield represented Semperis, while SJP Properties was self-represented in the leasing deal.
Players
Hoboken Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93