Denver, CO (PRWEB) September 30, 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 35,000-square-foot retail/office building located at 1801 Lawrence Street in Denver, Colo. from Cable Building Partners, LLC. 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 two-story landmark building once housed the City's historical cable cars and maintenance facility. Today the building features office and retail tenants including The Spaghetti Factory, which features old cable cars as tables. The property also offers convenient below grade parking.
"Located within Denver's lower downtown district commonly known as 'LoDo,' 1801 Lawrence Street is strategically situated in the vibrant city, which is currently in the midst of a renaissance with several million square feet of new office and hotel space in the planning stages and/or under development, making it an ideal investment," said Norman A. Feinstein, Executive Managing Director of The Hampshire Companies.
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.