Cushman & Wakefield arranges long-term lease for Soltage in Jersey City

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Cushman & Wakefield said Oct. 4 that it arranged a long-term, 9,065-square-foot lease for Soltage LLC at 333 Washington St. in Jersey City.

Cushman & Wakefield Executive Director David DeMatteis and Director Mina Shehata represented the tenant in the transaction.

“We are thrilled to see Jersey City-based companies like Soltage choosing to expand their offices and commit to Jersey City long-term,” said Shehata.

Soltage is an experienced independent renewable power producer that develops, finances and operates distributed utility-scale solar, solar-plus-storage and standalone storage project portfolios across the United States.

“The Hudson Waterfront is beginning to experience increased leasing velocity as companies navigate their long-term office strategies for a post-pandemic world. The market is experiencing diversification and is poised for some great growth in the next few months,” added DeMatteis.

333 Washington St. is a 51,307-square-foot office property that stands five stories tall. The property features a two-story atrium lobby, red brick exterior, exposed wood ceilings and brick walls, oversized windows and heavy floor loads. It is situated one block from Harborside
and New Jersey Transit Rail. The building offers views of the Hudson River and Downtown Manhattan.