May 14, 2025 9:00 AM
Newmark announces it has secured a 125,000-square-foot office lease on behalf of ownership, American Equity Partners (“AEP”), at their Class A offering Harborside 6 in Jersey City, New Jersey. The transaction welcomes tenant Kessler Rehabilitation Center–an industry-leading physical therapy and rehabilitation provider. In securing this lease transaction, Newmark has successfully closed the largest, new office transaction in the submarket since Lord Abbett’s deal in September 2022.
Newmark Senior Managing Director Jamie Drummond, Managing Director Dan Reider and Associate John Crawford represented AEP in the lease transaction.
Kessler Rehabilitation Center is part of the Select Medical Outpatient Division, a nationally renowned and community-based outpatient physical therapy and rehabilitation provider. The center offers occupational and hand therapy, sports medicine, workplace injury treatment and prevention and specialized rehabilitation services. The tenant secured a long-term lease to occupy the top two floors, floors nine and ten, at Harborside 6.
“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,” said Drummond. “We look forward to witnessing continued momentum at Harborside 6.”
The Harborside 6 office space, coming to market for the first time in years, is ideal for a traditional or creative office, production studio, medical or retail space. Only one floor remains available, on the eighth floor, spanning 76,194 square feet, divisible down to 10,000 sf, . The property offers 17’ slab-to-slab ceiling heights and floor-to-ceiling windows. Features also entail a substantial branding/signage opportunity for tenants, exceptional power over 12 watts per square foot, full-building redundant power with three 2,000kW backup generators, a seven-story parking garage with over 1,000 covered spaces and a new Whole Foods Market as the ground floor retail tenant.
Harborside 6 in Jersey City, NJ, is a vibrant, amenity-rich neighborhood with restaurants, shopping and services. The area has a fast-growing residential population and several Fortune 500 corporate tenants. The property offers excellent access to transit locations, including Exchange Place PATH and Light Rail stations, Harborside Light Rail station and the Hoboken Ferry Terminal.
“Considering Kessler’s requirements, they quickly gravitated towards 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 of AEP.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, startups to blue-chip companies. Combining the platform’s global reach with market intelligence in established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of March 31, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,600 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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- Newmark Secures 125,000-SF Lease for Kessler Reha…
Newmark Secures 125,000-SF Lease for Kessler Rehabilitation at AEP’s Harborside 6 in Jersey City, NJ
Closing the largest, new office lease transaction in the submarket since September 2022.
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