Updated Oct 13, 2026
LEASEDIndustrial
HERC Rentals Leases Industrial Space At 195 Howell St. In Jersey City
195 Howell Street
Building Size
22,386 SF
Asset Type
Industrial
Closing
Dec 5, 2023
About this deal
AI
HERC Rentals has leased 22,000 square feet of industrial space at 195 Howell St. in Jersey City. The property is part of American Equity Partners' portfolio, located in a prime industrial area. The transaction was facilitated by the brokerage firm, The Blau & Berg Co.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Square Footage: 22,386
- Address: 195 Howell Street
- Market: Jersey City
The lease deal at 195 Howell St. was brokered by Alessandro Conte, Jason Crimmins, and Peter Murano Jr. from The Blau & Berg Company. They represented both the landlord, American Equity Partners, and the tenant, HERC Rentals, in the transaction.
On the Map
Industrial
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Players
HERC RentalsBuyer
Dover Industrial Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93