Harborside 6 at 135 Greene St. in Jersey City — Courtesy: Newmark
By Joshua Burd
American Equity Partners has filled its top two floors at a Jersey City office tower after a recent 125,000-square-foot lease with Kessler Rehabilitation Center.
Brokers with Newmark announced the deal Tuesday after representing ownership at Harborside 6, touting it as the largest new office transaction in the submarket since Lord Abbett’s deal in September 2022. The well-known physical therapy and rehabilitation provider will occupy floors nine and 10 at the property at 135 Greene St., offering occupational and hand therapy, sports medicine, workplace injury treatment and prevention and other specialized services.
Newmark Senior Managing Director Jamie Drummond, Managing Director Dan Reider and Associate John Crawford spearheaded the transaction. Cushman & Wakefield’s Frank DiTommaso and Dan Johnsen represented the tenant.
“On behalf of Newmark and AEP, we are gratified by this successful outcome both, because it marks the closing of the largest, new office deal in the submarket since 2022 and welcomes a world-class occupier who will complement the asset and community,” Drummond said. “We look forward to witnessing continued momentum at Harborside 6.”
The lease with Kessler comes as the brokers market one remaining floor at the building, noting that the availability spans 76,194 square feet and is divisible down to 10,000 square feet, according to a news release. The firm added that prospective tenants have the opportunity for a substantial branding and signage opportunity, full-building redundant power with three 2,000-kilowatt backup generators, a seven-story parking garage with more than 1,000 covered spaces and a new Whole Foods Market as the ground-floor retail tenant.
Harborside 6, which AEP acquired in 2023, is part of a mixed-use neighborhood with restaurants, shopping and services as well as a fast-growing residential population and several Fortune 500 corporate tenants. Residents and workers have quick access to mass transit, including the Exchange Place PATH station, Hudson-Bergen Light Rail service and the Hoboken Ferry Terminal.
“Considering Kessler’s requirements, they quickly gravitated toward the notion of Harborside 6 given the alignment between their needs and the property’s infrastructure — encompassing robust power and backup systems, high ceilings and an accessible location offering an ideal environment for their patients, ”said David Elkouby, principal of American Equity Partners.
AEP, with Newmark brokers, launches leasing at Harborside 6 after $46 million acquisition
