News: Brokerage

The Hampshire Companies sells 135,498 s/f multi-tenant industrial building

The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2.5 billion, has arranged the sale of a 135,498 s/f industrial building located at 25 East Union Ave. Spanning five acres in the epicenter of the Meadowlands submarket, one of the most sought-after industrial markets in the U.S., the 135,298 s/f industrial building has amenities such as 18-foot ceiling heights, four grade level overhead doors, a mezzanine office area and three dock high overhead doors. The single-story industrial building is 98% leased to Mount Pleasant Ice Cream Company, Selco Associates and Steamaster Company, Inc. CBRE represented The Hampshire Cos. in this transaction.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,