Japan’s largest real estate firm purchases majority share in Hoboken corporate center

HOBOKEN — Mitsui Fudosan America Inc. (MFA), the US operations of Japan’s largest real estate firm, has purchased a majority interest in Waterfront Corporate Center III from developer SJP Properties.

In a news release on Nov 15, CEO of MFA John Westerfield said, “We are excited to expand our footprint along the Hudson River into New Jersey. Waterfront Corporate Center III is New Jersey’s highest-quality and most recently developed office building, and we look forward to joining and enhancing the already-thriving community that exists there.”

Tenants at the 511,637-square-foot building at 221 River St., include Pearson Education, NICE Systems, Jet.com, Newell Brands, and others.

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