Morristown, NJ (PRWEB) September 12, 2011
The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2.5 billion, experienced strong levels of leasing activity, executing 800,092 square feet of new lease transactions throughout the first half of 2011 despite a challenging marketplace and continuing weak employment data.
“Our cycle-tested expertise and true understanding of the marketplace allowed us to leverage a variety of opportunities throughout the first half of the year,” said James E. Hanson II, President and CEO of The Hampshire Companies. “We put a consistent effort behind acquiring and maintaining quality space and aggressively working with tenants to meet their needs. While economic conditions are still not ideal we have seen an increase in leasing compared to last year which makes us optimistic for the remainder of the year.”
Major leasing transactions include:
•109,375 square feet to Sears Home Improvement at 51 Belamose Avenue in Rocky Hill, Conn.
•76,000 square feet to Gunther International at One Winnenden Road in Norwich, Conn.
•58,733 square feet leased to Selco Associates at 25 East Union Avenue in East Rutherford, N.J.
•34,700 square feet leased to Auerbach Inc. at 490 Huyler Street in South Hackensack, N.J.
•30,454 square feet leased to Polytype America Corp. at 10 Industrial Avenue in Mahwah, N.J.
•24,000 square feet leased to Sportika Export at Newington Business Park in Newington, Conn.
•23,925 square feet leased to Staples at 2630 South Western Avenue in Marion, Ind.
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.