Morristown, NJ (PRWEB) February 23, 2012
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 throughout 2011, executing 2,443,944 square feet of lease transactions during the year despite continued uncertain market and employment conditions.
“Our experience and understanding of the marketplace allowed us to leverage a variety of opportunities throughout 2011,” said James E. Hanson II, President and CEO of The Hampshire Companies. “We put a consistent effort behind acquiring, developing, and maintaining quality space and aggressively working with tenants to meet their needs. We saw a strong surge of activity in the fourth quarter as we announced our long-term lease deal with Realogy, which offers added optimism for the year ahead. As the economy continues to grow, we will begin to see more signs of positive absorption in 2012.”
Major leasing transactions include:
- 270,000 square feet leased to Realogy at 175 Park Avenue in Madison, N.J.
- 108,750 square feet leased to Provide Commerce at 1225 So. Market Street in Mechanicsburg, Pa.
- 98,976 square feet leased to BK Logistics at 1050 Edward Street in Linden, N.J.
- 85,000 square feet leased to Filo Foods at 10 Fairway Court in Northvale, N.J.
- 76,000 square feet leased to Gunther International at One Winnenden Road in Norwich, Conn.
- 12,400 square feet leased to NetApp at CENTRA at MetroPark located at 186 Wood Avenue South Iselin, N.J.
- 7,070 square feet leased to 1-800-Doctors at CENTRA at MetroPark located at 186 Wood Avenue South Iselin, N.J.
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.