The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2.5 billion, has announced the sale of a 20,000-square-foot retail building located on Union Street in Brandon, Vt. to Hannaford Supermarkets.
Based in Scarborough, Maine, Hannaford Supermarkets operates over 180 stores and employs more than 27,000 associates in Maine, Massachusetts, New Hampshire, New York and Vermont. Situated on approximately 10 acres, its new location in Brandon, Vt. will further enable the company to provide consumers with good prices and value; top-quality fresh foods supported by daily deliveries; and friendly, efficient service. Hannaford is a Delhaize America company, and is owned by Belgian based Delhaize Group, one of the world's largest food retailers.
“Hannaford’s deep roots and long history in the grocer retail marketplace provided the company with the right insight to select Brandon, Vermont as its next location,” said Robert Schmitt, a Principal of The Hampshire Companies. “The building’s ideal location near area highways and its structure suit the needs of Hannaford well, creating an excellent opportunity for both Hampshire and the purchaser.”
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