Kearny, New Jersey – In a transaction arranged by CBRE, global logistics provider Mainfreight has signed a long-term, 110,147-square-foot industrial lease at RTC Properties’ 50 Cable Drive in Kearny, New Jersey.The CBRE team led by executive vice president William Waxman arranged the lease on behalf of Mainfreight, a provider of managed warehousing, as well as international and domestic freight forwarding services.
“Mainfreight’s decision to take industrial space at 50 Cable Drive is a testament to northern New Jersey’s extensive transportation network, population density and educated workforce,” said Mr. Waxman.
The 110,147-square-foot property features on-site management, 24/7 security and direct access to US Routes 1 & 9. It is also in close proximity to the New Jersey Turnpike, Port Newark, Newark International Airport and New York City.
Mainfreight was founded in 1978 in Auckland, New Zealand and soon grew into the country’s most extensive freight network. By 1999, Mainfreight became a fully global company with the acquisition of businesses in both Asia and the United States.