Kearny Point in Kearny — Courtesy: Hugo Neu
By Joshua Burd
An Italy-based maker of amplifiers has opened its U.S. headquarters at Kearny Point, the 130-acre complex that is being redeveloped as a mixed-use business and technology campus.
Developer and site owner Hugo Neu said Thursday that the manufacturer, Powersoft Audio, leased 3,700 square feet at what’s known as Building 78. The space will house the company’s operations, sales, support, warehousing and distribution for the U.S. and Canada.
The decision to locate its North American headquarters in the New York metro area follows another year of double-digit, year-over-year growth for the amplifier manufacturer, Hugo Neu said in a news release. Powersoft, whose executives will shuttle between the U.S. and Italy, expects to tap into Kearny’s quick access to Newark Liberty International Airport.
The company joins more than 175 others at Building 78, a former industrial property that Hugo Neu converted to a 207,000-square-foot flex building. The property represented the first phase of the multibillion-dollar redevelopment, which is transforming a historic former shipbuilding yard at the nexus of the Hackensack and Passaic rivers.
The full project is expected to span 3 million square feet. Building 78 is now more than 95 percent leased, Hugo Neu said, offering creative flex office spaces, co-working space and an on-site bar and restaurant.