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SJP rebrands Jersey City building to target life science tenants

SJP Properties has rebranded 95 Greene Street in downtown Jersey City as the Liberty Innovation Centre, and has named JLL as the building’s exclusive leasing agent to spearhead a marketing campaign focused on attracting tenants in the life sciences, healthcare and technology sectors.

The JLL professionals overseeing the new leasing assignment include Daniel Loughlin, John Cunningham, Blake Goodman and John Cahill.

The team will work closely with SJP Properties Executive Vice President Peter Bronsnick and Senior Vice President Zachary Freeman to execute the property’s leasing and marketing.

“Liberty Innovation Centre’s existing base-building infrastructure and waterfront location makes it the ideal solution for life sciences and technology companies seeking commercial space in the supply-constrained

New York metropolitan area,” said Steven J. Pozycki, CEO of SJP Properties.

“Despite considerable pent-up demand among these users, very few existing buildings in this market can accommodate tenants with lab components or robust power requirements, let alone those that can also provide immediate access to a highly skilled workforce and Manhattan via multiple mass transit options.”

“SJP Properties had the vision to convert 95 Greene Street, a former Colgate manufacturing plant, into a modern office building,” said Loughlin.

“The owner is pursuing the adaptive reuse of the building’s legacy infrastructure and design to accommodate the emerging and specialty facility needs of the life science, healthcare and technology sectors. Most traditional office buildings are not designed for these specific needs or would require significant investment and time to adapt to these unique industries.”

“This great, new opportunity at Liberty Innovation Centre offers R&D, life sciences and technology tenants in the New York metropolitan area tremendous access to the urban labor pool,” said Cahill.

“The building is also just steps from PATH and NJ TRANSIT Light Rail service, offering the opportunity to connect with major hospitals and medical schools in Manhattan.”

The eight-story, 350,000 s/f building originally served as a manufacturing facility for Colgate Palmolive.
SJP Properties acquired the property in partnership with PGIM Real Estate in 1999 and converted it into a Class A office building that was occupied by Merrill Lynch for many years.

Liberty Innovation Centre is in the heart of Jersey City’s Paulus Hook neighborhood a short walk from the Exchange Place PATH Station, NY Waterway Ferry and the Exchange Place stop of the new Hudson-Bergen Light Rail system.

Photo courtesy of Mancini Duffy

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