The Hampshire Cos. sells 6,000 s/f restaurant parcel

The Hampshire Cos. has sold a 6,000 s/f restaurant parcel located at 1440 Almonesson Rd. to RARE Hospitality International, Inc., an owner, operator and franchiser of restaurants in the U.S. RAS Brokerage represented the buyer. The free-standing building is located across from the Deptford Mall and Deptford Plaza. The building was previously occupied by Ninety Nine Restaurant, a New England casual dining restaurant chain owned by parent company O'Charley's Inc. "The building's strategic location within a highly populated and easily accessible shopping area made this an ideal investment opportunity for the buyer," said Ray Ayers, an Investment Manager for The Hampshire Companies. "The building's features and layout are also tailored specifically to the restaurant industry, largely factoring into the buyer's decision."