The Hampshire Cos. has sold a 301,626-square-foot industrial building in New Brunswick, N.J.

The sale was valued at approximately $16.8 million.

The property, located at 571 Jersey Ave., was fully leased to C&S Wholesale Grocers at the time of sale. Hampshire had recently negotiated a long-term lease renewal with C&S Wholesale Grocers, which uses the property as a regional distribution hub.

The buyer’s identity was not disclosed.

The Hampshire Cos. is a full-service, private real estate investment fund manager based in Morristown, N.J.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription