{"id":1004149241,"date":"2016-08-01T23:35:59","date_gmt":"2016-08-02T07:35:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004149241"},"modified":"2022-03-02T23:12:52","modified_gmt":"2022-03-03T07:12:52","slug":"cushman-wakefield-tapped-to-lease-njs-kearny-point","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-tapped-to-lease-njs-kearny-point\/","title":{"rendered":"Cushman &amp; Wakefield Tapped to Lease NJ&#8217;s Kearny Point"},"content":{"rendered":"<p>By Keith Loria, Contributing Editor<\/p>\n<div id=\"attachment_1004149276\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-51.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004149276\" data-attachment-id=\"1004149276\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-tapped-to-lease-njs-kearny-point\/hud_kearny_kearny-point-industrial-complex-78-john-miller-way-5-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-51.jpg\" data-orig-size=\"1280,853\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;4&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS REBEL T2i&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1449245165&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;15&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.025&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-5\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-51.jpg?w=1024\" class=\"wp-image-1004149276 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-51.jpg\" alt=\"Kearny Point industrial complex in N.J.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-51.jpg 1280w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-51.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-51.jpg?resize=768,512 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/08\/hud_Kearny_Kearny-Point-Industrial-Complex-78-John-Miller-Way-51.jpg?resize=1024,682 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004149276\" class=\"wp-caption-text\">Kearny Point industrial complex in N.J.<\/p><\/div>\n<p><strong>New York<\/strong>\u2014<a href=\"https:\/\/www.cushmanwakefield.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Cushman &amp; Wakefield<\/a> has been selected as the exclusive leasing agent for Kearny Point Industrial Park, a 2\u00a0million-plus-square-foot<a href=\"https:\/\/www.commercialsearch.com\/news\/hugo-neu-appoints-director-of-development-for-130-acre-business-campus\/\" target=\"_blank\" rel=\"noopener\"> business campus in Hudson County<\/a>, N.J., owned by <a href=\"https:\/\/www.hugoneu.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Hugo Neu<\/a>.\u00a0The Cushman &amp; Wakefield team leading the assignment will include\u00a0Mitchell Arkin, Paul Hindes, Paul Giannone and Dan Johnsen.<\/p>\n<p>\u201cCushman &amp; Wakefield is the leader in real estate services and understands how to leverage the assets and vision of Kearny Point to appeal to today\u2019s businesses,\u201d Steve Nislick, Hugo Neu CFO,\u00a0told <em><a href=\"https:\/\/www.commercialsearch.com\/news\/\" target=\"_blank\" rel=\"noopener\">Commercial Property Executive<\/a><\/em>. \u201cMitchell Arkin is a visionary in his field and his team recognize the unique opportunity of a space that not only offers historic and architectural significance but also a modern environment and campus atmosphere that is both affordable, and provides the community feel sought by the businesses of today&#8217;s economy.\u201d<\/p>\n<p>Additionally, <a href=\"https:\/\/www.studios.com\/\" target=\"_blank\" rel=\"nofollow noopener\">STUDIOS Architecture<\/a> has been named lead design architect for the next phase of redevelopment of the 130-acre, state-of-the-art sustainable site.<\/p>\n<p>Kearny Point\u00a0ownership is committed to returning thousands of jobs to the once thriving historical area, acting as a catalyst for the revitalization of\u00a0South Kearny.<\/p>\n<p>\u201cFollowing superstorm Sandy, Hugo Neu could have easily demolished the flood-damaged buildings and built new buildings on the site, but that would not have fit the companies philosophy of restoring the historic nature of the site and its mission to bring jobs to Kearny, New Jersey,\u201d Nislick said. \u201cAs a newly renovated building it provides\u00a0all of the aesthetic appeal and state of the art amenities desired by today\u2019s tenants at a cost that is less than half that of their competitors just a few miles outside of Manhattan.\u201d<\/p>\n<p>Cushman &amp; Wakefield\u2019s strategy will involve leveraging Kearny Point\u2019s multiple assets, such as its close proximity to New York City, Newark Airport, the Holland and Lincoln Tunnels and the PATH, its industry leading average rent cost per square foot, and its impressive modern environment.<\/p>\n<p>\u201cKearny Point will offer a unique opportunity to companies looking for an urban industrial environment within modern buildings that are historical and architecturally significant and can accommodate user groups ranging from creative office to light production,\u201d Mitchell Arkin, Cushman &amp; Wakefield senior managing director, said in the release. \u201cThe amenities that will be designed into the master plan of this project will have an urban vibe in a suburban setting. We are particularly excited about working with STUDIOS and Hugo Neu because the vision they have for this site is truly transformative and they have wherewithal to implement.\u201d<\/p>\n<p>STUDIOS will work alongside <a href=\"https:\/\/www.wxystudio.com\/\" target=\"_blank\" rel=\"nofollow noopener\">WXY<\/a> to reposition the historic buildings into a state-of-the-art, 24\/7 business campus complete with all of the amenities and finishes desired by today\u2019s tenants.<\/p>\n<p><em>Image courtesy of <a href=\"https:\/\/nj.gov\/\" target=\"_blank\" rel=\"noopener\">The State of New Jersey<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 130-acre business campus will act as a catalyst for the revitalization of the South Kearny industrial district.<\/p>\n","protected":false},"author":451,"featured_media":1004149276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,21808,21748,21742,10,21747],"tags":[],"class_list":["post-1004149241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-featured","category-industrial","category-latest","category-northeast","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cushman &amp; 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