Clifton Park, N.Y. (PRWEB) August 29, 2007
The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has acquired a 22,670-square-foot retail property located at 1746 Route 9 in Clifton Park, N.Y. 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.
The property is leased to Tractor Supply Company, the largest ranch and farm supply store in the country.
"This acquisition expands The Hampshire Companies' market geographically, and is evidence of our continuing commitment to investing in quality properties," said Norman A. Feinstein, Executive Managing Director of The Hampshire Companies. "This transaction will result in a stable cash flow for our investors as well as enhance our presence in Clifton Park, a suburb of Albany."
The Hampshire Generational Fund, LLC, is a commingled, discretionary 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 products as well as an investor in other real estate funds.
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 http://www.hampshireco.com.