Logistics provider leases 110K sq.ft. Kearny site

A global logistics provider has signed a long-term lease at a site in Kearny, real estate firm CBRE announced Wednesday.

Mainfreight, which provides managed warehousing and international and domestic freight forwarding, signed for the entire 110,147-square-foot site at 50 Cable Drive, owned by RTC Properties. A CBRE team led by Executive Vice President William Waxman arranged the lease.

“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,” Waxman said in a prepared statement.

The New Zealand-based company was founded in 1978 and began operating in the United States after a 1999 acquisition.