Apprentice.io’s space at 101 Hudson St. in Jersey City — Courtesy: Cushman & Wakefield
By Joshua Burd
A technology firm serving the life sciences sector has leased 32,000 square feet of office space in Jersey City, under a newly announced transaction by Cushman & Wakefield.
The tenant, Apprentice.io, has signed a 10-year commitment at 101 Hudson Street. The space will serve as the new headquarters for what the brokerage team described as a leader in intelligent life science manufacturing technology, which is aimed at helping clients increase speed to market, improve yield per batch and reduce deviations.
Cushman & Wakefield’s David DeMatteis and Mina Shehata represented the tenant in conjunction with Jeff Kaplowitz of Liberty Realty.
“Working on such a relevant project like this during the pandemic was extremely rewarding,” DeMatteis said. “The team at Apprentice is rapidly growing and this inspiring workplace will provide a home for the next chapter of their growth. This is a home-grown Jersey City company that could have easily moved across the river. Their commitment to their roots in a time of such rapid growth is wonderful to see.”
Apprentice will occupy the 38th floor of 101 Hudson, which is owned by Mack-Cali Realty Corp., starting June 1. In announcing the deal, C&W said the company’s platform propelled manufacturing that helped quickly deliver the COVID-19 vaccine.
“We are grateful for our partnership with Cushman & Wakefield and Liberty Realty and are thrilled to move our rapidly growing team into Apprentice’s new home in Jersey City,” said Angelo Stracquantanio, CEO and co-founder. “We truly believe in the potential of Jersey City and know it’s a great base to both serve our customers, the leading life science companies, and bring together our diverse team of local and remote employees. The space is designed to meet our needs as we continue to achieve our ambitious goals for growth.”
The brokers also said the Apprentice’s decision grow in Jersey City will further solidify the transformation of the Hudson waterfront from back office space for financial services firms to a tenant base of technology, life science and apparel.
“As a client of mine since the company’s inception in 2018, Apprentice grew from a small startup operation into a corporate leader that is not just producing great software, but software that is lifesaving and has a positive worldwide impact,” Jeff Kaplowitz of Liberty Realty said. “This transaction is special for me because Apprentice has its roots in Jersey City and has laid the foundation of what the business community will look like in the future — a center of life sciences, robotics, artificial intelligence and virtual and augmented reality.”
