195 Howell St. in Jersey City — Courtesy: The Blau & Berg Co.
By Joshua Burd
An equipment leasing and rental company has taken more than 22,000 square feet of industrial space on three acres in Jersey City, brokers with The Blau & Berg Co. announced Monday.
The property, 195 Howell St., will be among the latest in some 370 locations nationwide for HERC Rentals, according to a news release. It’s leasing the 22,386-square-foot space from American Equity Partners, the owner of the property just off Route 1&9, Route 7, Interstate 280 and the New Jersey Turnpike and adjacent to the Hackensack River.
Blau & Berg’s Jason M. Crimmins, Alessandro (Alex) Conte and Peter J. Murano Jr. represented both the landlord and the Bonita Springs, Florida-based tenant.
“This property is well located, with excellent accessibility and close proximity to HRP’s newly developed 700,000-square-foot industrial park,” David Elkouby of American Equity Partners said. “Its access to the road system made it very desirable to HERC.
“We always have a very good seamless experience working with The Blau & Berg Company, they understand very clearly what the landlord and tenant are both trying to achieve, and they can assist in reaching that goal.”
Crimmins added: “We knew this one-of-a-kind 38-foot clearance maintenance facility would demand a lot of interest. However, it’s AEP’s customized strategy and flexibility for its tenants that pushed this deal over the goal line. From the beginning stages of development to the tenants branding on the facilities walls, it was evident why this facility commanded such an interest.”