The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $1.5 billion, has acquired a 76,657-square-foot industrial/warehouse building located at One Winnenden Road in Norwich, Conn. from the Engine Services Division of General Electric.
Situated on over 13 acres, the building also contains 15,000 square feet of office space as well as manufacturing and warehouse space. It is fully leased to Gunther International, Ltd., which designs, manufacturers and services high speed production mailing systems. The building boasts 24’ ceilings, three loading docks, ample parking and three drive-in doors.
“This acquisition was an excellent opportunity for us to expand our Connecticut portfolio,” said Norman A. Feinstein, Executive Managing Director of The Hampshire Companies. “Hampshire continues to be bullish on the long-term value in Connecticut’s commercial real estate market. We will continue to actively seek superior properties in desirable locations for our Fund portfolio.”
Daniel G. Barber of Northeast Property Group, Inc. and Nick Morizio, President of Colliers, Dow & Condon represented Hampshire in the transaction.
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