KEARNY, NJ—A six-acre former industrial site inKearny will be recreated as multifamily following its sale toRusso Development. Cushman & Wakefieldrepresented the seller, a family estate, and procured the buyer inthe transaction; both entities are long-time clients ofCushman &Wakefield's New Jerseyand New York investment sales teams.
Russo will redevelop the “BatFactory” property—which has sat idle for more than threedecades–as the second phase of its Vermella Westproject.
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