The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $1.5 billion, recently announced the disposition of an 80,000-square-foot office building located at 216 Route 17 North in Rochelle Park, N.J. to RTE17 Investment, LLC.
The building is currently leased to the Bergen County Board of Social Services, who have occupied the building since 1989. Route 17 is one of the most desirable commercial and retail roads in Bergen County.
“We were able to maximize on market demands due to the credit worthiness of our tenant and the location of the building,” said Norman A. Feinstein, Executive Managing Director of The Hampshire Companies.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate firm 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. Additional information on The Hampshire Companies is available online at HampshireRE.com.
R&J Public Relations