Industrial
CBRE: Logistics firm inks 110,000 sq. ft. lease in Kearny

A global logistics provider has leased more than 110,000 square feet at a Kearny industrial building, brokers with CBRE announced Wednesday.

Retail
LMC named managing agent for newly sold Hudson County shopping center

Levin Management Corp. has taken over leasing and management for a Kearny shopping center, following the recent sale of the nearly 140,000-square-foot complex.

Retail
Fund acquires Hudson County retail center anchored by wholesaler, grocery store

The developer of a two-year-old, 139,900-square-foot retail center in Hudson County has sold the property to a fund managed by Bentall Kennedy, brokers with Cushman & Wakefield said.

Events
SIOR New Jersey honors top office, industrial deals of 2017

Many of the state’s top commercial brokers gathered recently for an annual event hosted by the Society of Industrial and Office Realtors, where the organization recognized some of the Garden State’s top deals of 2017.

Industrial
Growing online grocery sales will boost N.J. cold storage market, report says

As one of the nation’s top 10 markets for cold storage space, New Jersey is poised to benefit from what experts say will be the continued growth of online grocery sales.

Office
Kearny Point welcomes U.S. headquarters for amplifier company

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.

Industrial
NAI Hanson: Meadowlands primed for continued rent growth, demand

Rent growth and falling vacancy show no signs of slowing down for Meadowlands industrial space, thanks in large part to the continued flight of tenants from New York City.

Retail
Pierson touts new Jersey Mike’s stores in northern, central N.J.

Jersey Mike’s Subs has expanded its footprint in its home state, leasing more than 10,000 square feet over the past year across seven locations in northern and central New Jersey.

Residential & Mixed Use
Russo breaks ground in Kearny on latest rental project

Russo Development has started construction on its second apartment community in Kearny, adding to its growing pipeline of residential development in northern New Jersey.

Office
Developer aims to transform historic Kearny shipyard into 21st-century workspace

Hugo Neu Corp. is redeveloping the former Federal Shipbuilding and Drydock Co. in Kearny as a hub of flexible office space for startups, creative businesses and others seeking a modern workplace. It aims to do so while taking advantage of the historic, architecturally distinct buildings on the 130-acre site, some of which offer the type of soaring ceilings and open-air feel that appeals to edgier tenants.