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95 Greene Street

95 Greene Street

95 Greene Street is an eight-story life science office conversion encompassing ~340K RSF in Jersey City, New Jersey.  The asset is located just three blocks from Exchange Place, which provides immediate access to PATH, Ferry, Light Rail and Bus.  95 Greene benefits from its position between the Manhattan and suburban New Jersey markets, which are densely populated with startups, financiers and knowledge economy workers. 

The property was originally constructed as a warehouse and manufacturing facility in the early 1900s for Colgate Palmolive, boasting over 13-15 foot ceiling heights, large windows, and broad floorplates. Prior ownership fully modernized the building to accommodate an office use by adding significant power and HVAC for financial offices and supporting data center installations.

Following a sweeping adaptive reuse project and major infrastructure investment, the property is now fully equipped with upgraded mechanicals, HVAC, vertical conduits, and a new rooftop generator. In April 2022, Thor delivered a 23K sf fully furnished pre-build suite on the third floor with glass office fronts, LED lighting, and lab suite with movable casework and two fume hoods.

95 Greene Street is fully positioned to meet the growing demand from life science, pharma, green tech, medical and healthcare tenants seeking space in the expanding path of one of the best research markets in the country.

Speakers and Panels

Development Drivers: Hot Spot Locations & Lease Transactions

Premier Development Locations & Developing to Attract Tenants

Laura Kaufman
340,000 sq ft of lab at 95 Greene Street

Laura Kaufman

Executive Vice President

Thor Equities

Eugene Diaz
ON3 Campus: 116-acre Redevelopment

Eugene Diaz

Principal

Prism Capital Partners

Michael Zwick
Oversees Life Sciences Research

Michael Zwick

Senior Vice President, Research

Rutgers University

Lenzie Harcum

Lenzie Harcum

Executive Director

New Jersey Bioscience Center

Adam Spagnolo
Architect on 95 Greene Street

Adam Spagnolo

CEO

SGA

John Cahill
Moderator

John Cahill

SVP, NY Life Sciences Practice Group

JLL

Eugene Diaz

ON3 Campus: 116-acre Redevelopment

Prism Capital Partners

Eugene R. Diaz is the founder and principal partner at Prism Capital Partners. Prism, began in 2002 with

a mission of strategically investing and developing solely in the Tri-State area, across a broad spectrum

of asset classes and transaction sizes. Today, the firm employs more than forty (40) professionals

providing construction, development, investment, and property management services to its many

institutional partners and investors. Through his stewardship, the firm remains one of the state’s most

active and respected redevelopers focusing on adaptive re-use and repurposing of excess corporate

facilities and turn of the century industrial buildings. The firm actively develops from the ground up for

multi-family, office, industrial and retail investments as well, and purchases both stabilized and un-

stabilized income producing assets. The firm has exhibited a strong investment discipline and a

corresponding track record that attracts joint venture equity capital from some of the most venerable

global investment management firms. Prism is leaving an indelible mark on the New Jersey landscape

with such notable redevelopments and adaptive reuses project like Parkway Lofts in Bloomfield, NJ, the

361 unit apartment conversion of the former 100 year old GE BoilerWorks Building on the Garden State

Parkway, as well as the 333 unit apartment conversion of the 100 year old historically designated Thomas

A Edison Battery and Invention Center in West Orange, NJ and the redevelopment of the 116 acre former

Roche Pharmaceutical headquarters known as ON 3, which houses the prestigious Hackensack-Meridian

Seton Hall College of Medicine. Previously, Diaz worked for Cushman & Wakefield and held several

leadership positions at Gale & Wentworth, including chief investment officer responsible for directing and

overseeing all aspects of the company's investment activities. During his tenure he grew the firm's owned

investment portfolio from 500,000 square feet to more than 12 million square feet in eight states.

Throughout his career, Diaz has been responsible for the acquisition and capitalization of more than 20

million square feet of commercial real estate with total transaction value in excess of $2.5 billion.. He is

frequently quoted in many industry publications as well as topical pieces in the New York Times and Wall

Street Journal. He earned a master's degree in Real Estate Investment & Development from New York

University, where he has frequented as a guest lecturer and stand-in professor. Diaz received

undergraduate degrees in Economics and Political Science from Northwestern University. Early in his

career Diaz was honored by Commercial Property News as one of their "Stars to Watch." and is regularly

ranked by NJBIZ as one of New Jersey’s most influential real estate people ranking him 3rd out of the 75

most influential leaders. He is a past member of the Board of Trustees of Englewood Hospital and an

Honorary Foundation Board Member of the Bergen Performing

Adam Spagnolo

Architect on 95 Greene Street

SGA

Adam is the CEO at the helm of the New York City office; he also leads the firm’s business development efforts nationally and oversees all marketing and public relations initiatives.

Adam is the first point-of-contact for new clients. Frequently it’s Adam who introduces clients to SGA—highlighting the firm’s high-tech capabilities, its speed to market, and its buildable project solutions. He is a team-builder: After learning about a potential client’s needs, he determines the best talent to address them. As part of his marketing oversight responsibilities, Adam often outlines SGA’s scope of services and oversees contract negotiation with many of the firm’s clients. A critical component of Adam’s approach is to remain in close contact with clients as the project proceeds. He always plays a consultative role once a project begins, and for projects based out of the NYC office, he maintains high-level of involvement through every stage of a project’s lifecycle.

Behind the scenes, Adam oversees all initiatives related to SGA’s public relations and marketing efforts, including social media, sponsorships, participation at industry events, and white papers. He’s an industry expert, frequently writing and speaking about sustainability, life-sciences development and other expanding markets.

John Cahill

Moderator

JLL

John Cahill is a Senior Vice President in JLL’s Midtown New York office. He focuses on tenant representation and agency leasing services for life sciences and biotechnology clients throughout the New York metropolitan area. He is highly experienced in evaluating new markets for clients, as well as in the leasing and disposition of office space, research and development facilities, and laboratory and manufacturing buildings.

John has more than 16 years of experience in commercial real estate, primarily focusing on life sciences and biotechnology transactions. Prior to joining JLL, John was a principal at Cresa New York, where he served as senior advisor and head of the life sciences practice, overseeing the expansion of the firm’s pharmaceutical, medical and biotechnology client base both in the New York metropolitan area and nationally. Earlier, John specialized in life sciences leasing for Colliers International and, before that, Cushman & Wakefield. Prior to joining the real estate industry, he worked in pharmaceutical sales and marketing at Johnson & Johnson and Alcon Laboratories.

Next-Gen Bio Labs to Accommodate Future Demand and Heighten Productivity

Built In Flexibility: Pharma Facilities vs. Research & Development

Bruce Goldsmith

Bruce Goldsmith

CEO

Passage Bio

Anthony Guiliano
Oversees Lendlease's Life Sciences Construction

Anthony Guiliano

General Manager, Life Sciences Construction

Lendlease

Lance Bergstein
1.2 M Sq ft. Campus in Hopewell

Lance Bergstein

CEO

Lincoln Equities Group

Steve Karl

Steve Karl

Associate Principal

Vanderweil Engineers

David Wolfe

David Wolfe

Co-Managing Partner

Skoloff & Wolfe

Bill Harris

Bill Harris

Managing Director

Perkins + Will

Nancy Kelley
Moderator

Nancy Kelley

President & CEO

Nancy J Kelley + Associates

Steve Karl

Associate Principal

Vanderweil Engineers

Steve is an Associate Principal with over 18 years of experience in client and project management. He is responsible for management and oversight of all MEP/FP and IT disciplines to ensure a high performing project for project design, delivery and operation. His focus at Vanderweil has been Life Sciences and delivering best solutions for academic, pharmaceutical and developer clients.

David Wolfe

Co-Managing Partner

Skoloff & Wolfe

Mr. Wolfe is the Co-Managing Partner in the Property Tax Department at Skoloff &

Wolfe, PC, where he focuses his practice on representing taxpayers in significant real estate tax appeals and property tax related matters. He has extensive experience in all types of property tax appeals, including hotel, multi-family, retail, office, and industrial properties. Mr. Wolfe frequently counsels clients on the property tax implications of the development, acquisition, and disposition of significant assets. He also counsels clients with respect to property tax exemptions and PILOT agreements.

Mr. Wolfe serves on the Board of the National Association of Property Tax Attorneys (NAPTA) and as the Co-Chair of the Real Property Tax Practice Committee of the New Jersey State Bar Association. Mr. Wolfe has been featured or quoted in a wide variety of local and national publications, including Forbes.com, GlobeSt.com, Marketwatch.com, The Washington Post, The Wall Street Journal, Law.com, Law360.com, The New York Law Journal, and Commerce Magazine.

Mr. Wolfe has a track record of obtaining significant assessment reductions on behalf

of his clients.

Examples of those assessment reductions include:

• Reduced hotel assessment from $188 million to $131million;

• Reduced multi-family assessment from $116 million to $67 million;

• Reduced office assessment from $115.5 million to $90million;

• Reduced supermarket anchored center from $66.9 million to $46 million;

• Reduced nursing home assessment from $36 million to $10.1million;

• Reduced big box retail assessment from $21.3 million to $13.4 million;

• Reduced office assessment from $27.8 million to $6.5million.

Mr. Wolfe began his career as an associate at the law firm of Davis Polk and

Wardwell in New York. While at Davis Polk, he focused his practice on regulatory

investigations, securities litigation and banking disputes.

Mr. Wolfe is a member of the American Bar Association House of Delegates and is

the Co-Chair of the ABA’s Diversity & Inclusion 360 Presidential Commission. As a

young lawyer, Mr. Wolfe served as the Chair of the ABA Young Lawyers Division, the

ABA’s largest entity with more than 130,000 members.

Mr. Wolfe received his J.D. from New York University School of Law, and graduated

from Cornell University with distinction in all subjects.

Bill Harris

Managing Director

Perkins + Will

Bill Harris, AIA, is the Managing Director of the New York studio of Perkins&Will. Active in all aspects of the practice, including Commercial, Mixed Use, Healthcare, Science & Technology, Higher Education and Corporate Interiors, Bill’s professional focus has been in the design of vibrant and innovative environments for the commercial life sciences. His area of expertise was critical to the NYEDC’s impactful Life Sciences Infrastructure Initiative Study of 2016. An advocate of the convergence of science, engineering and technology with cultural and social networks, Bill speaks frequently on the “secret sauce” of successful science developments. One of Bill’s favorite accomplishments is the creation of the Battle of the Biotech Bands, an annual social and business networking event that has raised nearly a million dollars to fight disease through research. Bill has a Bachelor of Architecture from the University of Pennsylvania and a Master of Architecture from Harvard University.

Nancy Kelley

Moderator

Nancy J Kelley + Associates

Nancy J Kelley is a senior executive and lawyer with exceptional leadership ability and management skills. She has over twenty years of executive management and board experience in starting, growing, and restructuring organizations, raising capital, recruiting diverse management teams, creating and implementing strategic plans, developing real estate, developing internet based information platforms, data warehouses and marketing/branding. She has a particularly deep understanding of the healthcare, life science and research fields and has in-depth knowledge of the related legal, business, government, non-profit and academic sectors.

Why it Matters

What You'll Learn:

  • New Jersey is home to several campuses over a million square feet in size that are reimagining the clustering of facilities

  • Understand the role geography plays in distinguishing Northern Jersey from Southern Jersey and how they are respectively connected to New York and Philly. 

  • Hear from the region's top developers on developing and investing in the longterm growth of life sciences

  • From GMP facilities and cell therapy tenants to cold storage, understand which designs are most in demand for world class tenants

  • How are the supply and demand dynamics playing out in New Jersey and where are leases getting signed? 

How you'll do more business:

Enhance your business by understanding how New Jersey's life sciences developments are positioning themselves amidst the competitive East Coast market, especially the adjacent New York and Philly markets. Hear from the top developers and designers on finding the right development locations, identifying when to build on spec and enticing the top tenants. 

Who attends:

Investors, owners, developers, lenders, life sciences and healthcare tenants, brokers, architects, contractors, engineers, property managers and you!

Why should you attend:

Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

For questions, recommendations, comments, or press inquiries please email our New Jersey Events Producer, Chris Picher at chris.picher@bisnow.com. 

NEW JERSEY LIFE SCIENCES PROJECTS

Thor Equities: 95 Greene Street. eight-story life science office conversion encompassing 340,000 sq ft life sciences in Jersey City, New Jersey. 

Prism Capital Partners: ON3 Biotech office campus

Lincoln Equities Group: Princeton West Innovation Campus: 1.2 million-square-foot life sciences campus in Hopewell, New Jersey

Rutgers Life Sciences

Lendlease: Tri-State Life Sciences Projects

Venue

95 Greene Street

Jersey City, NJ 07302


Get Directions

Agenda

Time Activity
12:00 PM
12:55 PM
Coffee, Breakfast & Networking
12:55 PM
1:00 PM
Opening Remarks on 95 Greene Street

1. Thor Equities & JLL Welcome Guests to 95 Greene Street in Jersey City.

1:00 PM
1:45 PM
Development Drivers: Hot Spot Locations & Lease Transactions

1. Which development locations are in most demand in the New Jersey market and how does it depend on the tenant's needs?
2. What is driving development and leasing deals in the increasingly competitive New Jersey market?

1:45 PM
2:30 PM
Next-Gen Bio Labs to Accommodate Future Demand and Heighten Productivity

1. What are the demand drivers and what design & build strategies are being prioritized?
2. Build-to-suit vs. conversion plays vs. spec built lab build out: considerations of each approach

2:30 PM
3:00 PM
Post-Event Networking

Our Commitment to Safety

We hosted more than 72,000 attendees live, in-person around the globe in 2021. Our commitment to safety is no different in 2022. Our events follow all local Covid-19 regulations and protocols.

At this event, this means you can expect:

Proof of vaccination is required for entry to the venue. 

Enhanced sanitization protocols will be adhered to throughout the event space including regularly disinfecting surfaces throughout the event and hand sanitizer provided to all attendees.

 As venue and local regulations evolve, the CRE industry continues to lead the way forward. As such, we will gather safely to do what we do best: network, connect, and engage to do more business. We look forward to hosting you soon.