Hampshire acquires 30,000 s/f of medical space

Real Estate Weekly, Oct 3, 2007

The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has acquired two medical office buildings totaling 30,073 s/f located at 200 and 214 Engle Street in Englewood, N.J.

The acquisition was made on behalf of The Hampshire Generational Fund, one of the firm's private equity real estate investment funds tailored to high net worth investors.

The property is conveniently located just a half mile from the Englewood Hospital and Medical Center and is currently fully occupied by a number of physician practices that are affiliated with the hospital.

"We are delighted to make this acquisition and to become a key corporate neighbor in Englewood," said Norman A. Feinstein, executive managing director of The Hampshire Companies. "The Hampshire Companies continues to actively seek superior properties in desirable locations for our Fund portfolio."

The Hampshire Generational Fund, LLC, is a commingled, discretionary real estate investment fund. The goal of the Fund is to deliver superior, above-market returns to its investors through the acquisition and operation of industrial, retail, and office products as well as an investor in other real estate funds.