The Hampshire Generational Fund Acquires 91,388-Square-Foot Industrial Building in Mahwah, NJ
Mahwah, N.J. -November 12, 2008 – (RealEstateRama) – The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $2 billion, has acquired a 91,388-square-foot industrial flex building located within Mahwah Technical Park II at 10 Industrial Avenue in Mahwah, N.J. from EWE Warehouse Investments. The acquisition was made on behalf of The Hampshire Generational Fund, one of the firm?s private equity real estate investment funds tailored to high net worth investors.
Home to Polytype America, Janome America, New Concept Press, LS Advertising Co., and Scanpan USA, the property is fully occupied and features ample parking and easy access to major area highways including Routes 17 and 202 and I-287.
“This acquisition was an excellent opportunity for us to expand our Northern New Jersey portfolio,? said Robert Schmitt, Managing Director of The Hampshire Companies. ?Located in the Bergen County industrial market, 10 Industrial Avenue is strategically positioned within one of New Jersey?s premier tech and warehouse distribution hubs. The building?s location and strong occupancy rate makes this an excellent investment.?
The Hampshire Generational Fund, LLC, is a commingled, discretionary real estate investment fund. The Fund caters to high net worth individual investors who are looking to diversify their investment portfolio by investing in real estate. The goal of the Fund is to invest in quality income producing assets that will appreciate over time and produce stable cash flow in order to generate quarterly distributions to our investors.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate investment fund manager based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments in order to consistently outperform the market. Additional information on the Hampshire Companies and its funds is available online at www.hampshireco.com.
PR Contact:
Tiffany Miller
R&J Public Relations, LLC
908-722-5757
908-722-5776 (fax)
email
