The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2.5 billion, has sold its 11,289-square-foot learning center to Garden Academy, Inc., a non-profit school specializing in the best practices for the treatment of Autism for students ages 3-21 from North and Central New Jersey. Garden Academy will move from its previous location in Maplewood, N.J. to its new home at 627 Mount Pleasant Avenue in West Orange, N.J.
Situated on 2.31 acres, the facility which was formerly a learning and daycare center features ten classrooms and site amenities include two swimming pools and a playground ideal for helping the Garden Academy carry out its mission. The property also offers easy access to Interstate 280 and the Garden State Parkway and ample, paved parking.
“We were inspired by the superior work and dedication that Garden Academy provides to the children in northern and central New Jersey in need of specialized education which is why we selected the school as the purchaser from a pool of qualified buyers,” said Igor Derbaremdiker, a Senior Investment Manager for The Hampshire Companies. “For us this was more than a real estate transaction. It was important for us to help Garden Academy find a permanent place where the school and its students could continue to grow.”
NAI James E. Hanson, Inc. 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