CBRE Renews Lease With Refrig-IT At Kearny Point Industrial Park

Hugo Neu Corp. has completed lease renewals with Refrig-IT at Kearny Point Industrial Park in Kearny. The industrial property, located at 50 & 80 Campus Drive, offers a total space of 228,213 square feet. The strategic location of the park near Port Newark and New York City makes it an ideal choice for Refrig-IT, a cold storage warehousing company.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 50 & 80 Campus Drive
• Market: Kearny

The lease agreement was facilitated by CBRE, with Kevin Dudley, Chad Hillyer, Nicholas Klacik, and Kate Granahan representing the landlord, Hugo Neu Corp. On the other hand, Tom Carragher and Justin Rigoglioso from Newmark served as the tenant's representatives during the negotiation process. The lease renewal at Kearny Point Industrial Park highlights the value of the property's location and amenities, providing Refrig-IT with continued access to the bustling Port Newark and the lucrative New York City market.