Hugo Neu, through its subsidiary River Terminal Development, is one of the nation's largest value-added developers. Over the past 35 years, River Terminal Development has developed more than 9 million square feet of industrial properties in New Jersey, Pennsylvania and California. It operates 5.5 million square feet of prime warehouse and distribution facilities in New Jersey at its strategically-located 300-acre facility in Kearny and its 100-acre facility in Florence.