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 60,756-square-foot industrial building located at 81 Kingsbridge Road in Piscataway, N.J. The sale was made to Super Win Enterprises Corporation, a nationwide paper and plastics distributor.
Situated on five acres of land the single-story building offers excellent visibility with signage along Interstate 287 and easy access to the New Jersey Turnpike and Interstates 78, 287, and 280. The facility features 27’ clear ceilings, ample parking, two loading docks and is fully climate controlled. The property’s layout also allows for the opportunity to add more parking and loading areas.
“The building’s versatile layout and the fact that the building was vacant during the time of the sale allowed the buyer to customize the space to best fit their unique needs,” said Igor Derbaremdiker, Senior Investment Manager for The Hampshire Companies. “The sale of the property enabled us to achieve objective returns on our investment.”
CBRE, Inc. represented The Hampshire Companies 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