Millville, NJ (PRWEB) September 27, 2007
The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has acquired a 7,381-square-foot building located at 106 Bluebird Lane in Millville, N.J. from HBD Millville, LLC. The acquisition was made 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 1.22 acres, the newly renovated building is fully leased to AutoZone, the nation's leading retailer of automotive parts and accessories. The property offers excellent visibility and access to Route 47.
"Having a long-term lease agreement with AutoZone, a strong credit tenant, has created a win-win situation for not only Hampshire, but for our investors as well," said Norman A. Feinstein, Executive Managing Director of The Hampshire Companies.
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 products as well as an investor in other real estate funds.
About The Hampshire Companies
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.