9/2/2008

Hampshire Companies makes New Jersey industrial acquisition on behalf of investment fund

by Michael Wayne
The Hampshire Cos., on behalf of its $350 million investment fund, has purchased a 107,730-square-foot industrial building in South Hackensack, N.J., from Huyler Realty, LLC.

Hampshire was represented in the deal by Stuart Alpert of Keller Realty. The building is situated on more than five acres and is scheduled to undergo a capital improvement program. It is located near Routes 80 and 46 at 490 Huyler St. and is currently occupied by Commercial Van & Truck Equipment, Inc.

"This property fits right into our fund's value-add strategy, which makes it an ideal investment for us," said Todd Anderson, senior investment manager of The Hampshire Cos.

Address: 490 Huyler St., South Hackensack, N.J.

Size: 107,730 square feet

---

Filed Under: Industrial

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the text from image below to this textbox

crefeed.com -- Related Headlines

• Weston, Inc., purchases former Hitachi industrial plant - 11/12/2008
• AEW Capital Management acquires two Austin industrial properties - 11/12/2008
• Grubb & Ellis/BRE Commercial negotiates sale of Phoenix industrial building - 10/16/2008
• Kelly Aerospace sells two California industrial buildings for $5.35M - 10/15/2008
• Vanderplow Properties takes 54,000sf industrial building for $6.75M - 10/15/2008
• Voit Commercial completes two industrial sales worth $7.2M - 10/14/2008
• HFF arranges $97.5M in refinancing for ING Clarion - 10/13/2008
• CenterPoint acquires suburban Atlanta distribution facility - 10/13/2008
• Columbus Nova acquires two manufacturing facilities - 10/13/2008
• Chinese firm acquires Pomona industrial building for $3.3M - 10/8/2008