Mizuho, Largest Tenant, Renews at Harborside Plaza 10 in Jersey City

Harborside Plaza 10, Jersey City, NJ

JERSEY CITY, NJ— Japanese financial services giant Mizuho renewed its lease of approximately 105,000 square feet on the top three floors of Harborside Plaza 10 in Jersey City, NJ. Mizuho , currently the largest tenant at Plaza 10 , extended its occupancy in the building for an additional 15-year term. Newmark Grubb Knight Frank executive managing director Timothy Greiner , managing director Hope Brodsky , managing principal Hal Stein , and associate Colleen Maguire are the exclusive leasing agents for the 17-story, 600,000-square-foot building owned by an affiliate of Dividend Capital Diversified Property Fund, part of the Black Creek Group, an institutional commercial real estate private equity firm. Mizuho was represented in the transaction by CBRE brokers Douglas Lehman, Robert Flippin, Nicholas Hilton and Brett Shanon . “This transaction is a win for Mizuho , enabling the company to maintain its occupancy at the top of one of the premier buildings on the New Jersey waterfront,” says Flippin , a CBRE executive vice president. “After investigating alternative locations within the market, Mizuho determined that Harborside Plaza 10 was its best option both financially and qualitatively. The company has been an occupant at the building since 2002 and understands the inherent quality of the building and its infrastructure, enabling it to confidently re-commit on a long-term basis.” Constructed in 2002, Harborside Plaza 10 was previously master leased to Charles Schwab & Co. through September 30, 2017. The building is currently undergoing significant renovations which will enhance and modernize this class A Hudson Waterfront property. The updated lobby will include a concierge desk, security turnstiles, a new tenant lounge area with Wi-Fi and cable TV, as well as contemporary lighting, art décor and furnishings for increased verve.  In addition, a brand new café, Ground Connection, opened this month serving a fresh “from scratch” all day menu. The current tenant roster at the building includes Bank of Montreal, Citgo Financial Services and Deloitte, among others. “ Harborside Plaza 10 offers tenants the best in class views, architecture, floor plates and property sponsorship on the Hudson waterfront,” says Eileen Hallquist , senior vice president, asset management, on behalf of the owner. Accommodating tenants of various sizes , Harborside Plaza 10 has both large and small blocks of space ranging from approximately 1,500 square feet to 140,000 square feet becoming available in October of 2017. “ Harborside Plaza 10 creates an ideal work/live/play environment, along the beautiful Hudson River waterfront, capitalizing on new nearby residential developments,” says NGKF’s Greiner . “Presenting unobstructed views of the Manhattan skyline, the class A office space with brand new building amenities, Plaza 10, offers a prime opportunity for tenants of all types and sizes.” Located on the Hudson River and adjacent to the Harborside Financial Center complex, Harborside Plaza 10 is in close proximity to an array of restaurants, shopping, public transportation and New York City. The Exchange Place PATH and Light Rail, as well as the Paulus Hook Ferry, are just blocks away from the building, offering quick and easy access to New York.