Kessler Rehabilitation Leases 123410 SF Office At 135 Greene Street In Jersey City
135 Greene Street
Building Size
123,410 SF
Asset Type
Office
Closing
Mar 25, 2026
AI
The property asset involved in the transaction is located at 135 Greene Street in Jersey City, consisting of office space with a total area of 123,410 square feet. The lease for this property marks the largest new lease in the market since 2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 135 Greene Street
- Market: Jersey City
- Asset Size: 123,410 SF
- Landlord: David Elkouby - American Equity Partners
- Tenant: Kessler Rehabilitation
- Landlord's Rep: Jamie Drummond, Dan Reider & John Crawford - Newmark
- Tenant's Rep: Dan Johnsen, Frank DiTommaso & Frank Maldonado - Cushman & Wakefield
Kessler Rehabilitation signed the lease for Harborside 6, receiving recognition with the 2026 CoStar Impact Award for Lease of the Year. The deal involved representation from Newmark for American Equity Partners, while Cushman & Wakefield represented the interests of Kessler Rehabilitation.
Players
Jersey City Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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