Unilever Moves HQ to Hoboken

On Aug 27, 2024

Unilever, the world’s sixth-largest consumer goods company, announced that it is moving its US headquarters from Englewood Cliffs to Hoboken.

The company signed an 111,000-square-foot, long-term lease at SJP Properties’ Waterfront Corporate Center 1 on Rover Street in Hoboken. According to SJP, Unilever is expected to occupy the property in the spring of 2025.

CBRE represented Unilever in the move, and reports that the company will maintain its research & development division in Englewood Cliffs.

Unilever moved to its revitalized Englewood Cliffs campus just six years ago in 2018. At the time, the company described the campus as exemplifying the workplace of the future.

“Unilever made a strategic decision to relocate their North American headquarters to the New Jersey waterfront from Englewood Cliffs to gain a competitive edge in accessing the vast labor pool in New York City and the surrounding metro area while retaining existing talent with easy access to Bergen County,” said Alexander Erdos, SJP’s senior vice president for leasing and development. “Strength of ownership, ability to execute a competitively priced, high-quality tenant buildout and best-in-class operations were significant factors in the company’s decision to relocate to 111 River Street. Further, Hoboken offers a walkable, safe, transit-oriented experience that tenants desire across all markets.”

In terms of the new Hoboken headquarters, Unilever will join several other blue-chip tenants at the complex, including consumer goods companies such as Lipton, Walmart and Newell Brands.

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