The Hampshire Generational Fund Reports Over $55 Million in Second Quarter Transactions

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The Hampshire Companies announced over $55 Million in second quarter 2005 transactions in The Hampshire Generational Fund, LLC, one of the firm's private equity real estate investment funds. Highlighting those transactions were three major commercial property acquisitions totaling over $34 million.

– The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1 billion, announced over $55 Million in second quarter 2005 transactions in The Hampshire Generational Fund, LLC, one of the firm's private equity real estate investment funds. Highlighting those transactions were three major commercial property acquisitions totaling over $34 million.

In June, The Hampshire Generational Fund acquired Pasadena Crossroads, a 312,107 square-foot retail "power center" located in the well-traveled center of Pasadena, Maryland. This acquisition was valued at approximately $15.4 million.

In addition, The Hampshire Generational Fund acquired the Park 80 East Office Building, strategically situated at the juncture of Interstate 80 and the Garden State Parkway in Saddle Brook, New Jersey. Park 80 East is an 83,049 square foot multi-tenanted office building, and one of the most visible office properties in Northern New Jersey. The building sits on approximately 4.3 acres in a major Bergen County sub-market. Major tenants at closing included Sealed Air Corporation, Liberty Mutual Insurance Company, and the United States Government Services Administration (GSA).

The Fund also announced the acquisition of a 120,000 square foot laboratory/office building at 329 Wycoffs Mill Road in East Windsor, New Jersey. The building is conveniently located off of Exit 8 on the New Jersey Turnpike, and is fully leased to Elementis Specialties, Inc. The property provides superior accessibility in a prime location, just off Route 33. The 30-acre site also includes development potential on ten acres, which may include office, flex or laboratory space.

Additionally, The Fund announced the sale of a 301,626 square foot retail building at 571 Jersey Avenue in New Brunswick, NJ. This property, fully-leased to C&S Wholesale Grocers, sits on 18.4 acres within close proximity of Exit 9 on the New Jersey Turnpike. Hampshire had recently negotiated a long-term lease renewal with C&S Wholesale Grocers, the eighth largest privately-held company in the United States. This modern, single-story 24-foot clear ceiling height building is used by C&S as a regional distribution hub. The sale was valued at approximately $16.8 million.

"We are pleased to have been so active in the market in the second quarter of 2005, and to have achieved so much for our investors," said Norman A. Feinstein, Executive Vice President of The Hampshire Companies, who also noted that the Fund diversified its investments by taking positions within several smaller real estate investment funds, as well as by providing first mortgage, mortgage participation or mezzanine financing to a number of properties.

The Hampshire Generational Fund, LLC, is a commingled, discretionary value-added real estate investment fund. The goal of the Fund is to deliver superior, above-market returns to its investors through the acquisition and operation of industrial, retail, and office product as well as an investor in other real estate funds.

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 http://www.hampshireco.com.

Media Contact:

Jason Ledder

R&J Public Relations, LLC

(908) 722-5757

Jledder@RandJpr.com

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