Unilever is relocating its US headquarters to Hoboken, New Jersey.
The corporation has taken a 111,000-square-foot long-term lease for three full floors at the 111 River Street building on the Waterfront Corporate Centre I in Hoboken.
Waterfront Corporate Center is the premier office and retail development in Hoboken, according to SJP Properties.
It offers 1.5 million square feet of Class A space in three buildings along the city’s master-planned Hudson River waterfront, it added.
SJP Project Solutions is serving as the project and construction manager and will provide a custom buildout for the corporation. Unilever will occupy the property in spring 2025.
“Unilever made a strategic decision to relocate their North American Headquarters to the New Jersey waterfront from Englewood Cliffs to gain a competitive edge in accessing the vast labour pool in New York City and the surrounding metro area while retaining existing talent with easy access to Bergen County,” said Alexander Erdos, senior vice president – leasing and development at SJP.
“Strength of ownership, ability to execute a competitively priced, high-quality tenant buildout and best-in-class operations were significant factors in the company’s decision to relocate to 111 River Street. Further, Hoboken offers a walkable, safe, transit-oriented experience that tenants desire across all markets.”
Unilever moves US headquarters
