Educational publishing company Pearson Education is starting its move to Hoboken on Jan. 26, the company said Monday.Stacy Skelly, a spokesperson for the textbook company, said it is leaving its current Upper Saddle River facility and relocating roughly 600 employees such as editorial, sales and marketing, information technology and administrative staff to the Waterfront Corporate Center III building.
RELATED: SJP Properties inks lease with e-commerce startup Jet.com at new Hoboken building
Pearson will anchor the office tower, which is a 14-story, 500,000-square-foot site owned by Parsippany-based SJP Properties.
Skelly said Pearson will occupy five floors of the building, covering 200,000 square feet. The move should take place over a two-week period, she added.
RELATED: SJP tower for Pearson in Hoboken takes step forward
Pearson’s lease in Upper Saddle River expires March 31.
The company had considered moving to New York City at one time, but an Urban Transit Hub tax credit of up to $66 million over 10 years helped persuade it to remain in the Garden State.
Terms of the new lease were not disclosed.
ALSO ON NJBIZ:
Englewood’s new emergency medicine chief takes on Jersey flu season
Why it’s costing you more to ship your packages — and how Unishippers can help
Health care packaging company to double production capabilities with Pine Brook facility