Industrial News

The event is designed to showcase the highly flexible, large block of space that is currently available for lease. The property offers not only a superior business address, but the new on-site management team has assembled an excellent service and amenity package to fit the needs of a variety of tenants. As an incentive for attending the open house, Hampshire and Colliers Houston & Co, the exclusive broker for the leasing of the property, will award a number of attendees American Express Gift Cards totaling $1,000.

“This event will offer the commercial real estate brokerage community a new look at this building, and at the many improvements and upgrades that Hampshire has begun at the property,” said Thomas F. Monahan, CCIM, SIOR, Senior Vice President of Colliers Houston. “This property is well-located, and under Hampshire’s ownership and management, is surely one of the top availabilities of its type in Northern New Jersey.”

The 18-01 Pollitt Drive property is superbly located in a prominent industrial park on over nine acres in the strategically-situated Bergen County community of Fair Lawn. The property is just off of NJ Route 208 and has quick access to Interstate 287, a major north/south thoroughfare that connects with the New York State Thruway. The property also features easy access to the Garden State Parkway and the New Jersey Turnpike. The building is a part of the Hampshire Partners Fund VI portfolio, Hampshire’s institutional real estate investment fund. It is currently 30% occupied by M&I Data Service and The Society of Valley Hospital.

“18-01 Pollitt Drive offers future tenants flexible space to fit their individual needs within a strategic business location in one of the most desirable areas of Northern New Jersey,” said Norman A. Feinstein, Executive Vice President of The Hampshire Companies. “This event will allow The Hampshire Companies to demonstrate our ability to present innovative solutions that meet the growing business challenges of companies requiring flexible business space in a superior location.”

Hampshire Partners Fund VI is a commingled, discretionary value-added real estate investment fund. The goal of Hampshire Partners Fund VI is to deliver superior, above-market returns to its institutional investors through the acquisition, repositioning and operation of investment-grade properties in attractive locations. The focus of investment for this value-add fund is on industrial, retail and suburban office product located in the growth corridors of the Northeast and Mid-Atlantic. The Fund remains active in seeking additional acquisitions in its targeted markets.

The Hampshire Companies is a full-service, private real estate investment fund manager based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments in order to consistently outperform the market. Additional information on The Hampshire Companies and its funds is available online at www.hampshireco.com.