Hampshire Cos. buys office park

Property home to Crompton Corp.

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The Hampshire Cos. purchased the Preston Hill Office Park, a 118-acre corporate park located in Middlebury, Connecticut. The park features the 318,000-square-foot corporate headquarters facility of Crompton Corp., a New York Stock Exchange-listed company that is a global marketer of specialty chemicals, polymer products and processing equipment. The value of the transaction was not disclosed. The property was acquired from Massachusetts-based developer Winstanley Enterprises. The Crompton facility consists of office, research and development space, set amongst an abundance of trees in a true campus-like setting. Much of the property is presently undeveloped, and is zoned for further development, due to its ideal location. Over the past several years, Crompton has consolidated a number of its facilities into this location. The Hampshire Cos. is a full-service real estate organization. *** What's your opinion? Send your Letter to the Editor to newsroom@inman.com....