Brown Brothers Harriman moving to new Jersey City location

Eric Strauss//July 23, 2015//

Brown Brothers Harriman moving to new Jersey City location

Eric Strauss//July 23, 2015//

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Brown Brothers Harriman is moving its Jersey City Waterfront offices to Harborside Plaza 5, according to building owner Mack-Cali Realty Corporation.The Edison-based real estate investment trust said Thursday in a news release that the private bank will relocate to 114,798 square feet at the 977,225-square-foot Class A office tower — under an 11-year lease.

The move will bring more than 500 employees to Harborside Plaza 5, which is now 99 percent leased, the real estate firm said.

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“We’re thrilled to welcome Brown Brothers Harriman to the Mack-Cali portfolio,” Mitchell E. Rudin, Mack-Cali’s chief executive officer, said in a prepared statement. “Harborside Plaza 5 was an ideal choice for BBH due to the efficiencies generated by the building’s large floor plates, modern design, state-of-the-art infrastructure and premier telecom connectivity. We look forward to serving their needs for years to come.”

Scott Gamber, Robert Stillman and Peter Gamber of CBRE represented Brown Brothers Harriman in the transaction, while Mack-Cali was represented in-house by Chris DeLorenzo, senior vice president of leasing, and Tom Savoca, assistant vice president of leasing. The CBRE team of Mark Ravesloot, Peter Turchin, Gerry Miovski, Suzanne Macnow and Arkady Smolyansky assisted.

Brown Brothers Harriman’s current offices are at Newport Tower, 525 Washington Blvd.

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