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135 Greene Street

Kessler Rehabilitation Leases 123410 SF Office At 135 Greene Street In Jersey City
LEASEDOffice

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:

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

Frank DiTommaso

Cushman & Wakefield

Broker

$1.7B

vol

22 deals

Broker

David Elkouby

American Equity Partners

Landlord

$46M

vol

5 deals

Landlord
KC
Kessler Rehabilitation CenterTenant

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