The Hampshire Companies is continuing to target the US industrial property market, with a focus on properties in New Jersey.
The New Jersey-based private equity real estate firm picked up a 91,388-square-foot industrial property located in the Mahwah Technical Park, a technology and warehouse distribution hub, in Mahwah, New Jersey. The property was acquired for an undisclosed sum from EWE Warehouse Investments.
Acquired through Hampshire’s fund for high-net-worth investors, The Hampshire Generational Fund, the property is fully occupied with tenants including Polytype America, Janome America, New Concept Press and LS Advertising Company.
The deal is the latest in a string of industrial property buys for the firm over the past few months. In October, Hampshire picked up a 122,599-square-foot industrial building in Springfield, New Jersey. The property was acquired through its $350 million Hampshire Partners Fund VII.
It also recently added two New Jersey industrial properties to its portfolio, including an 80,000-square-foot industrial and warehouse building in West Caldwell, New Jersey, and a 107,730-square-foot industrial building in South Hackensack, New Jersey.