Hertz Car Rental

Hertz Car Rental is a leading global provider of vehicle rental services, operating under Hertz Global Holdings, Inc. The company was founded in 1918 by Walter L. Jacobs in Chicago, where it began with a small fleet of Ford Model Ts. A pivotal moment in its early history came in 1923, when John D. Hertz acquired the business, setting it on a path to become one of the most recognized names in car rental worldwide.

As of November 2025, Hertz manages a network of approximately 11,000 rental locations across 160 countries. This footprint includes not only airport sites but also downtown and suburban locations, giving the company a broad presence in both established and emerging markets. Over the past five years, Hertz has continued to expand through a combination of corporate-owned and franchised outlets, with a particular focus on growth in North America, Europe, Asia-Pacific, Latin America, and the Middle East.

The company’s portfolio extends beyond the Hertz brand to include Dollar, Thrifty, and Firefly, allowing it to serve a wide range of customer needs and price points. In recent years, Hertz has invested heavily in electric vehicle infrastructure and new mobility solutions, reflecting a commitment to evolving alongside changes in transportation and sustainability trends. These efforts have positioned Hertz as a forward-looking tenant with the operational scale and adaptability to thrive in diverse real estate settings. Its ongoing expansion and established reputation offer stability and consistent traffic for property owners and developers in a variety of commercial environments.