The Hampshire Companies Hosts Open House to Showcase Office/Flex/Warehouse Building in Fair Lawn, NJ

February 22, 2007 (PRLEAP.COM) Business News
Fair Lawn, NJ (February 2007) — The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, hosted more than 70 brokers on January 30, 2007, at their open house and luncheon event for their office/flex/warehouse property located at 18-01 Pollitt Drive in Fair Lawn, NJ. The 146,639-square-foot building is a part of the Hampshire Partners Fund VI portfolio, Hampshire’s $235 million institutional real estate investment fund.

The event showcased the highly flexible, 127,000 square feet of space that is currently available for lease. The property offers not only a superior business address, but the new on-site management team has assembled an excellent service and amenity package to fit the needs of a variety of tenants. As an incentive for attending the open house, Hampshire and NAI James E. Hanson, the exclusive leasing agent for the property, awarded a number of attendees American Express Gift Cards totaling $1,000.

“This event offered the commercial real estate brokerage community a chance to tour the building and discuss the many planned improvements and upgrades that Hampshire has begun implementing at the property,” said NAI James E. Hanson Sales Associate Thomas A. Vetter. “With vacancy rates below seven percent in Bergen County, the property's location and Hampshire’s ownership and management abilities make 18-01 Pollitt Drive one of the top availabilities of its type in the Northern New Jersey marketplace."

18-01 Pollitt Drive is superbly located in a prominent industrial park on over nine acres in the strategically-situated Bergen County community of Fair Lawn. Situated just off of NJ Route 208, the building offers quick access to Interstate 287, a major north/south thoroughfare that connects with the New York State Thruway. The building also features easy access to the Garden State Parkway and the New Jersey Turnpike.

“18-01 Pollitt Drive offers future tenants flexible space to fit their individual needs within a strategic business location in one of the most desirable areas of Northern New Jersey,” said Norman A. Feinstein, Executive Managing Director of The Hampshire Companies. “This event allowed The Hampshire Companies to demonstrate our ability to present innovative solutions that meet the growing business challenges of companies requiring flexible business space in a superior location.”

Hampshire Partners Fund VI is a commingled, discretionary value-added real estate investment fund. The goal of Hampshire Partners Fund VI is to deliver superior, above-market returns to its institutional investors through the acquisition, repositioning and operation of investment-grade properties in attractive locations. The focus of investment for this value-add fund is on industrial, retail and suburban office product located in the growth corridors of the Northeast and Mid-Atlantic.

The Hampshire Companies is a full-service, private real estate investment fund manager 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 in order to consistently outperform the market. Additional information on The Hampshire Companies and its funds is available online at www.hampshireco.com.

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