Hartford, Conn. (PRWEB) March 26, 2009
The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $2 billion, has announced that S.H. Smith & Company, Inc., one of the largest independently owned insurance brokers in the country and the largest in the Northeast, has leased 21,000 square feet at 20 Church Street in Hartford, Conn. The property is a part of Hampshire Partners Fund VI, Hampshire's $235 million institutional real estate investment fund.
S.H. Smith & Company will relocate from its former West Hartford location to the downtown office. The new location will serve as the company's headquarters.
This landmark building is situated along Interstate 91 in the heart of Hartford's downtown, in close proximity to all of Hartford's top business addresses, fine dining, entertainment and state government buildings. Easy access to both Interstates 84 and 91 make 20 Church Street a prime location.
Since acquiring the building in 2006, Hampshire has made significant upgrades and renovations to the property including a new lobby, elevators, HVAC system, concierge service, a new conference center, and fitness center.
"The new location provides S.H. Smith & Company with access to Hartford's vibrant downtown environment," said Todd Anderson, Principal of The Hampshire Companies. "20 Church Street is a prime example of Hampshire's ability to deliver prime Class A office space and attract quality tenants."
John McCormick, Patrick Mulready and Alexis Augsberger of CB Richard Ellis represented Hampshire in the transaction.
Hampshire Partners Fund VI is a commingled, discretionary value-added real estate investment fund. The goal of Hampshire Partners Fund VI is to deliver superior, above-market returns to its institutional investors through the acquisition, repositioning and operation of investment-grade properties in attractive locations. The focus of investment for this value-add fund is on industrial, retail and suburban office products located in the growth corridors of the Northeast and Mid-Atlantic.
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.