Columbia Property Trust has renewed its lease with Pershing LLC, a subsidiary of The Bank of New York Mellon, for 400,000 s/f at 95 Columbus
In the year ahead, Columbia plans to make what it called “strategic enhancements” to the lobby and common areas of the fully leased, 630,000 s/f Class-A office tower.
Pershing will retain its global headquarters at the building to June 2037.
“Our relationship with Pershing is one of the longest and most well established in our portfolio, and we are very pleased that they have extended their long-term commitment at 95 Columbus,” said Nelson Mills, CEO of Columbia.
“Building upon our strong track record of successful repositioning projects in the New York area, we will ensure that this stalwart tower remains among the best office properties in Jersey City, well-equipped to support ongoing leasing at attractive rates.”
Columbia said its aim is to ensure the building is well aligned with the momentum in Jersey City’s amenity-rich Grove Street corridor and capitalize on its connection to Manhattan.
The tower is Jersey City’s only Class-A building with direct transit access to Midtown and Downtown as well as easy access to all points across New Jersey via train, car or bus.