Anderson, S.C. (PRWEB) June 13, 2007
The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, recently announced the disposition of a 130,000-square-foot retail building located in Anderson, S.C. The sale was made to Cole Realty Investments of Phoenix, Ariz. on behalf of The Hampshire Generational Fund, one of the firm's private equity real estate investment funds tailored to high net worth investors.
Situated on six acres, this free standing single-tenant retail building is currently leased to Sam's Club, one of the nation's largest membership warehouse clubs.
"We were able to take advantage of the market demand for high credit tenant properties with this disposition," said Norman A. Feinstein, Executive Managing Director of The Hampshire Companies. "This transaction is evidence of our commitment to making opportunistically profitable real estate transactions on our investors' behalf."
Chris Bosworth of CB Richard Ellis represented The Hampshire Companies in the transaction.
The Hampshire Generational Fund, LLC, is a commingled, discretionary real estate investment fund. The goal of the fund is to deliver superior, above-market returns to its investors through the acquisition and operation of industrial, retail, and office product as well as an investor in other real estate funds.
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.
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