Jones Lang LaSalle



200,000-SF Block of Space Hits Sublease Market
By Eric Peterson
Last updated: January 13, 2006 10:00am

JERSEY CITY-The American Institute of Certified Public Accountants is looking to find a subtenant for its 200,000-sf block of space at Harborside Financial Center Plaza 3 on this city’s waterfront, and has hired the Staubach Co. to fill the space. Managing principal Thomas J Stanton III, vice president Joseph McMahon and principal Joe Harkins are heading the assignment.

“This class A space is one of the largest blocks of contiguous space currently available on the Gold Coast,” Stanton says. Neither organization, however, would provide further details of the disposition requirement.

The space involves more than one quarter of the 725,000-sf, class A Plaza 3 building, which is owned by Mack-Cali Realty Corp. of Cranford. The contiguous space is available through July 31, 2012, but the asking price has not been released. Direct space within Mack-Cali’s larger, multi-building Harborside Financial Center is generally listed with an asking price of $40 per sf.