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Tullet Prebon Inks 100,759 SF in Jersey City

JERSEY CITY-The new lease takes Mack-Cali's nearly 1.3-million-sf office building at 101 Hudson St. to 100% occupancy.

By Brianne Harrison | Updated on July 03, 2008

JERSEY CITY-Tullett Prebon Holdings Corp., a subsidiary of London-based Tullett Prebon plc, has taken 100,759 sf at 101 Hudson St. here. This lease brings the nearly 1.3-million-sf Mack-Cali-owned office building to 100% occupancy. Specific terms of the deal were not released, and the companies involved declined to comment further.

The deal with Tullett included a 63,372-sf extension for 12 years and seven months and a 37,387-sf expansion for 15 years. The company’s North American headquarters will be housed in the space. Tullet was represented by brokers John Cefaly, Robert Lowe and Ed Duenas of Cushman & Wakefield. Mack-Cali was represented in-house by Thomas Savoca, senior director of leasing.

“We’re delighted that Tullett Prebon has expanded its long-term presence at 101 Hudson St.,” says Mitchell Hersh, president and CEO of Mack-Cali, in a company release. “This transaction demonstrates Mack-Cali’s ability to build long-term tenant relationships, as well as Jersey City waterfront’s strong appeal to global communities.”

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