The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2 billion, in a joint venture with Stonemar Properties has announced the acquisition of an 180,051-square-foot shopping center located at 143 – 211 Cherry Street at Milford Plaza in Milford, Conn. from Heyman Properties.
Situated on 16 acres, the property is home to anchor tenants, Shop Rite and Bob’s Store. Featuring ample parking and easily accessible loading areas, Milford Plaza is ideally located in a densely populated area within New Haven County just off I-95, offering convenient entrances to the plaza.
“This acquisition was an excellent opportunity for us to expand our retail portfolio in Connecticut,” said Robert Schmitt, Managing Director of The Hampshire Companies. “With a stable tenant base already in place at the property and the opportunity to expand the site, Milford Plaza will be a strong performer.”
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