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111 River Street

Semperis Leases 12016 Square Feet Office At 111 River Street In Hoboken From SJP Properties
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:

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

Mina Shehata

Cushman & Wakefield

Broker

7 deals

Broker
SJP Properties
SJP PropertiesLandlord

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