The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at more than $2.5 billion, has announced the acquisition of a 400,000-square-foot industrial building located at 200 Middlesex Avenue in Carteret, N.J.
Located within Carteret’s industrial market, the building offers easy access to the New Jersey Turnpike and is within close proximity to the area’s major ports, making it an ideally situated distribution hub. The building features solid, functional warehouse facilities, strongly catering to the industrial user.
“We anticipate increased activity in the port area over the next few years, and the building’s accessibility and close proximity to the ports made this an attractive investment opportunity,” said Michael Harrington, an Investment Manager for The Hampshire Companies. “Additionally, the size of the building and its wealth of functional warehouse space fit perfectly within our industrial portfolio.”
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate investment firm based in Morristown, N.J. 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