The Blau & Berg Company Secures Lease of ±22,386 SF on Howell Street in Jersey City

SHORT HILLS, NJ, December 4, 2023 – The Blau & Berg Company, a prominent commercial real estate brokerage firm in the New Jersey and Tri-State area since 1932, has arranged the lease of ±22,386 SF on ±3 AC off Duffield Avenue in Jersey City, NJ.  Jason M. Crimmins, CCIM, SIOR, Alessandro (Alex) Conte, SIOR, and Peter J. Murano, Jr., SIOR of The Blau & Berg Company represented both the landlord, American Equity Partners, and the new tenant, HERC Rentals, a Bonita Springs, Florida based equipment leasing and rental company.

The property, which sits adjacent to the Hackensack River in Jersey City, is located just off Routes 1 & 9, Route 7, I-280 and the NJ Turnpike Interchange 15W.  Florida-based HERC Rentals, a full-service equipment rental company, now adds a prime Jersey City location to its’ 370 locations across the United States and Canada.

“This property is well located, with excellent accessibility and close proximity to HRP’s newly developed 700,000 SF industrial park. Its access to the road system made it very desirable to HERC,” said David Elkouby of American Equity Partners LLC.  Regarding his working relationship with The Blau & Berg Company, Elkouby added, “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.” Jason Crimmins added, “We knew this one-of-a-kind 38’ clearance maintenance facility would demand a lot of interest, however, its 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.”