Jos. A. Bank Signs on at SJP's Waterfront Corporate Center

HOBOKEN, NJ-Jos. A. Bank Clothiers Inc. has signed a lease for 4,000 sf of retail store space in Waterfront Corporate Center II, part of a two-building office complex developed and owned by SJP Properties of Parsippany, NJ. The signing represents the first national apparel retailer to take space anywhere in this Hudson River waterfront city. Jos. A. Bank joins such other chains as Wolfgang Puck Express, Club H Fitness, Regis Salon and Chock Full of Nuts in the complex.

“The lease continues the trend of top retailers and major corporations coming to Waterfront Corporate Center II and to Hoboken,” says Steven M. Pozycki, SJP’s senior market analyst. “Hoboken offers us a wonderful demographic mix,” a spokeswoman for the Hampstead, MD-based Jos. A. Bank. “It’s an excellent growth opportunity.”

The signing was arranged by Michael Stone of Cushman & Wakefield. The terms of the transaction were not released.

The building is Phase II of Waterfront Corporate Center, whose two mirror-image buildings within this city’s South Waterfront redevelopment area total 934,000 sf of class A space. Marsh & McLennan occupies 420,000 sf of the 467,000 sf available at Waterfront Corporate Center II. The retail component totals 60,000 sf. The overall project is the result of a public/private venture among SJP Properties, the Port Authority of NY/NJ, which had previously used the site for industrial purposes, and the City of Hoboken.