Montvale, NJ (PRWEB) February 21, 2010
The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2 billion, announced that Coining, Inc. has signed a long term-lease 60,000 square feet of industrial/ flex space at 15 Mercedes Drive in Montvale, N.J.
The largest solder preform manufacturer in the world, Coining, Inc. will use the single-story property as its new and larger headquarters. The building, which underwent extensive upgrading and renovation following its acquisition in 2006, will undergo further renovations to suit Coining Inc.'s manufacturing needs. Renovations and occupancy are slated for completion in late 2010.
15 Mercedes Drive is conveniently located on approximately six acres in the heart of one of Bergen County's prime commercial locations. The property also offers direct access to the Garden State Parkway and is within close proximity to the Palisades Interstate Parkway, I-287, and Manhattan via the Tappan Zee or George Washington Bridges.
"We pride ourselves on our ability to meet the needs and standards of high caliber corporations such as Coining, Inc," said Todd Anderson, a Principal of The Hampshire Companies. "We look forward to a long-term relationship with Coining and remain committed to fully meeting all of our tenants' needs by providing quality commercial space in premier locations."
Robert Rudin of Cushman & Wakefield represented Hampshire in the transaction. Coining Inc. was represented by NAI James E. Hanson.
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.