The Hampshire Cos. completes the acquisition of 5700 Audubon Dr.

The Hampshire Cos. has completed the acquisition of a 317,400 s/f flex building located at 5700 Audubon Dr. The acquisition was made on behalf of Hampshire Partners Fund VII portfolio, Hampshire's recently launched $350 million institutional real estate investment fund. The building features close proximity and easy access to the Richmond's superior transportation infrastructure including the Richmond Airport. 5700 Audubon Dr. also offers the opportunity to expand the current building an additional 13,000 s/f. "The building's strategic location and expansion capabilities make this an excellent addition to our portfolio," said Norman Feinstein, executive managing director of The Hampshire Cos.