Morristown, N.J. (PRWEB) February 3, 2010
The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2 billion, experienced strong levels of activity in 2009, completing 16 property acquisitions totaling 1,343,059 square feet at a cost of $71,945,000. Hampshire also completed 10 dispositions and 778 leasing transactions, totaling 2,729,934 square feet of office, industrial and retail space. The Hampshire Companies was successful in executing their transactions during 2009 despite the economic turbulence, and is well positioned for higher levels of activity, velocity, and continued success in 2010.
"Hampshire has successfully navigated through 50 years of real estate cycles and 2009 is a prime example of our ability to accurately read the market during this unstable time to make sound financial and economic decisions," said James E. Hanson II, President and CEO of The Hampshire Companies. "Our hard-earned success this past year can be attributed to the time and energy our team devoted to developing and executing a strong investment strategy. We are looking forward to continued growth and increased acquisition and leasing activity as we embark on the new year."
To learn more about The Hampshire Companies or its available space, please visit http://www.hampshireco.com
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate investment firm based in Morristown, N.J. 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. Additional information on The Hampshire Companies is available online at http://www.hampshireco.com.