The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $1.5 billion, has announced the disposition of a 66,750-square-foot retail building located at 590 Route 38 East in Maple Shade, N.J.
Located on over 10 acres, the two-story single tenant building is currently home to Mealy’s Furniture, a family-operated business that serves Southeastern Pennsylvania and Southern New Jersey.
“Hampshire was able to negotiate a five-year lease deal with Mealy’s Furniture prior to the transaction allowing us to optimize the property’s value prior to the disposition,” 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