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Harborside 6 at 135 Greene St. in Jersey City — Courtesy: Newmark
By Joshua Burd
Nearly 200,000 square feet of office space in Jersey City has hit the market for the first time in years, following American Equity Partners’ recent acquisition of what’s known as Harborside 6.
The landlord, which has appointed Newmark as its leasing team, closed last week on its $46 million purchase of the property from Veris Residential Inc. AEP and its brokers are now marketing the top three floors, noting that the space at 135 Greene St. was the longtime home of TD Bank and has not been available since the building opened in 2000.
Newmark Senior Managing Director Jamie Drummond, Managing Director Dan Reider and Associate John Crawford are handling the leasing and marketing of the property.
“The Jersey City waterfront is home to some of the highest-quality commercial real estate in New Jersey,” said David Elkouby, principal of American Equity Partners. “With access to Manhattan and a college-educated workforce, it is an ideal place for office users to set up shop. Incorporating Harborside 6 into our portfolio further solidifies our strong history of creating best-in-class office spaces.”
In a news release, the leasing team said Harborside 6 is suited for traditional or creative office, production studio, medical or retail users. The offering includes 76,194 square feet on the eighth floor, 74,731 square feet on the ninth floor and 46,897 square feet on the 10th floor, with a 25,000-square-foot outdoor terrace, Newmark said, adding that the property has 17-foot slab-to-slab ceiling heights and floor-to-ceiling windows.
The firm also pointed to a substantial branding and signage opportunity for tenants at the property as well as its three backup generators, a seven-story parking garage with more than 1,000 covered spaces and a new Whole Foods Market as the ground-floor retail tenant.
“AEP has gained a strong reputation for delivering high-quality spaces in top-tier assets, as evidenced by their portfolio and recent activity throughout New Jersey over the past several years, and the acquisition of Harborside 6 further solidifies their prowess,” Drummond said. “With some of the most iconic assets in the state, the Jersey City office market offers exceptional neighborhood offerings and proximity to Manhattan. We look forward to finding a compatible tenant occupying the once-in-a-lifetime space.”
Veris Residential, formerly Mack-Cali Realty Corp., announced in July that it was under contract to sell Harborside 6 as part of its exit from the office sector. The 10-story building is part of the master-planned Harborside district, which is home to millions of square feet of office space in addition to restaurants, retailers and a fast-growing residential population.
The Exchange Place PATH and light rail stations and the Harborside light rail station are within walking distance. For AEP, the building adds to a Jersey City portfolio that also includes 15 Exchange Place.
CBRE: Harborside 5 and 6 listed for sale as Veris continues to prune Jersey City campus
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