Kearny Plaza at 216-276 Passaic Ave. in Kearny — Courtesy: Welco Realty Inc.
By Joshua Burd
A new Old Navy store has come to a 62,000-square-foot shopping center in Kearny, in a newly announced transaction by Welco Realty Inc.
According to the brokerage firm, the apparel chain will occupy 13,662 square feet at Osborne Capital LLC’s Kearny Plaza property at 216-276 Passaic Ave. The deal has backfilled a space once housing Modell’s Sporting Goods, while bringing another national tenant to the town alongside the likes of BJ’s, PetSmart, Five Below, Sherwin-Williams and others.
Welco represented ownership in the deal, while Michael Friedman of Inline Realty represented the tenant.
“We are thrilled to be able to bring Old Navy to Kearny Plaza and add to an impressive list of major retailers that are now a part of the Kearny community,” Osborne’s Larry Cohen said.
