HOBOKEN, NJ—Global digital and print publisherJohn Wiley & Sons Inc. has signed a 15-yearlease for 386,407 square feet of office space at 111 RiverStreet in Hoboken, in a transaction brokered bySavills Studley.
The 550,000 square-foot office building offers world-classoffice space and ground level retail. The new lease, originally setto expire in 2017, now extends until March 2033. SavillsStudley's executive vice president David J.Goldstein, chairman and CEO Mitchell S.Steir, executive vice president Matthew P.Barlow, senior managing director Daniel M.Foley, and senior managing director JasonPerla represented the tenant in the long-term transaction,while David Hollander, Greg Tosko and NickHilton of CBRE represented the landlord,a subsidiary of Equity Commonwealth.
“111 River Street is one of New JerseyWaterfront's most visible and accessible addresses with dramaticviews of lower Manhattan, the Hudson River and the New YorkHarbor,” says Goldstein. "This transactionreaffirms the strength of Hoboken's office market, as well asWiley's commitment to the dynamic city of Hobokenand the state of New Jersey.”
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