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Pershing Re-Ups for 400K SF with Columbia REIT in Jersey City
Columbia Property Trust (CXP) renewed its lease with Pershing LLC, a wholly-owned subsidiary of The Bank of New York Mellon, for approximately 400,000 square feet at 95 Columbus in Jersey City. Pershing will retain its global headquarters at the building to June 2037.
Over the next year, CXP plans to commence strategic enhancements to the lobby and other common areas at the 630,000-square-foot 95 Columbus, to ensure the building is well aligned with the momentum in Jersey City’s amenity-rich Grove Street corridor, and capitalize on its connection to Manhattan. The property is reportedly Jersey City’s only Class A building with direct transit access to Midtown and Downtown Manhattan.
“Our relationship with Pershing is one of the longest and most well established in our portfolio, and we are very pleased that they have extended their long-term commitment at 95 Columbus,” said Nelson Mills, CEO of CXP.
For comments, questions or concerns, please contact Paul Bubny
- ◦Lease
