3 Second St. at Harborside in Jersey City — Courtesy: Cushman & Wakefield
By Joshua Burd
A global financial services firm has signed a nearly 17,000-square-foot renewal along the Hudson waterfront in Jersey City, brokers with Cushman & Wakefield said Friday.
The leasing team, which represents ownership at 3 Second St. at Harborside, said Northern Trust will occupy the 14th floor of the 600,000-square-foot office tower. C&W’s David DeMatteis, Mina Shehata, Robert Rudin and Dirk Hrobsky completed the deal on behalf of the landlord, a real estate fund managed by a subsidiary of Ares Management Corp., in the long-term, 16,545-square-foot lease transaction.
CBRE’s Conor Dolan, David Opper and Ken Meyerson represented the tenant, which provides asset servicing, investment management and wealth management services.
“3 Second Street is a premier Class A asset and we are pleased that Northern Trust recognized the value in remaining at the property,” DeMatteis said. “The landlord has done a fantastic job with this building and we are confident that the ongoing upgrades, including a lobby renovation, new conference facility and bike room, will continue to attract quality tenants.”
In a news release, C&W said 3 Second St. is an 18-story office property with 360-degree views of the Hudson River, Lower Manhattan and Jersey City. Other recent upgrades include a new tenant lounge with large flat-screen TVs, outdoor seating at the adjacent waterfront park, upscale restaurants, event space on-site, a newly installed flood mitigation program and 24/7 on-site security personnel.
The property is steps from PATH train and New York Waterway ferry service for easy access to rail and airport connections in Manhattan and Newark.
