Hugo Neu's Kearny Point Expands Tenant Roster With Four New Leases
BUILDING 78 AT KEARNY POINT 66% LEASED WITH MORE THAN HALF OF ALL BUSINESSES MINORITY OWNED
KEARNY, N.J., April 7, 2016 /PRNewswire/ -- Hugo Neu has signed four new leases at Kearny Point, New Jersey's groundbreaking Business Growth District that serves as the new home for tech startups, food manufacturers, media production, design and architecture, artists, small businesses, and entrepreneurs. The 130 acres, 1.5-1.75 million square-foot campus has closed numerous transactions under its specialized pre-built and build-to-suit program and is where the boldest businesses come to make their vision a reality.
Four new tenants have leased office space in Building 78 which is pending certification from WiredScore, highlighting the building's exceptional connectivity and internet service. New tenants include, JMMS, a video production company founded by a leading video producer, will occupy 2,688 sq ft; Flores Cleaning Services, a cleaning company owned and operated by three sisters, will open their first location and will occupy close to 400 sq ft of built-to-suit space; ROC ONE, a global consulting company for management systems, business and sustainability services, also inked a new lease and will occupy close to 500 square feet; and M World Group, a digital marketing company, rounded out the slate of new leases and will occupy 400 sq ft; Curiel Logistics, a family owned and operated international transportation company will occupy 1,600 sq ft.
Kearny Point campus is 95% leased and Building 78 is 66% leased with more than half of all of its businesses minority owned. Located in close proximity to a talented and rapidly growing workforce, Kearny, New Jersey is home to a steadily increasing population of more than 58,247 residents.
"Later this year Kearny Point will officially open its doors to tenants, commuters and visitors will enjoy easy access to first-class amenities and dining curated by Hugo Neu Realty Management, said Wendy Neu, Chairman and CEO of Hugo Neu. "Kearny Point will be a vibrant business community and destination with an extensive network of companies in the revitalized Kearny."
"Kearny Point will serve as a 21st century business community in the heart of Northern New Jersey. The complex will conveniently connect tenants and visitors to NYC, Jersey City and the tri-state area," said Steve Nislick, Chief Financial Officer at Hugo Neu. "The KP campus brings scalability and customization for every tenant including startups like JMMS, while offering first-class amenities in a setting that promotes operational efficiency."
Kearny Point provides proximity to the #1 NJ Transit bus line, that runs every 12 minutes during morning and evening rush hour. Tenants enjoy amenities such as repositioned warehouse conversion, four stories plus rooftop deck and lounge access, 40,000 SF floorplates, loft style offices, ceiling heights up to 15' on ground floor and 13'5" on upper floors, tenant 24/7 access, tenant and visitor free parking, complimentary building Wi-Fi, high-speed VoIP internal WiFi, b on-site building manager, ground floor shipping and receiving, 6 dedicated tractor-trailer loading spots, canopied loading platform and building entrance, industrial "flex" lobby, two freight elevators in each building, communal utility slop sinks on each floor, grab-and-go Café on ground floor, complimentary tea and coffee on each floor, 24/7 security. In addition, tenants are also eligible for NJ incentives.
Designed to achieve Energy Star Rated Certification, Kearny Point is poised to become one of the most environmentally sustainable projects of its size in the northeast region. Developed and managed by Hugo Neu Realty Management, Kearny Point sets new standards for start-up companies and small business, entrepreneur office space, and heralds the revitalization of Kearny.
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Erica Dumas
High10 Media
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SOURCE Hugo Neu
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