The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at more than $2 billion, has announced the acquisition of a 87,200-square-foot industrial building located 159 Rangeway Road in Billerica, Mass., from Billerica Rangeway LLC.
Situated on more than six acres, the building is fully leased to Hyster New England Inc., a full-service material handling company, which will remain in the building under a long-term lease. The property is located just off of U.S. Route 3 and the Treble Cove Road intersection.
“Having Hyster, a quality tenant under a long-term lease agreement made this an excellent investment,” 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