NEW JERSEY—Morristown, N.J.-based The Hampshire Companies has closed nearly 1.5 million sq. ft. of new and renewal lease transactions throughout the second and third quarters of this year.
“We continue to apply our cycle-tested expertise to today’s real estate marketplace, which has allowed us to leverage a variety of opportunities throughout the second and third quarters,” said James E. Hanson II, president and CEO of The Hampshire Companies. “We have seen an increase in renewals and new lease transactions compared to the beginning of this year, which makes us optimistic for the remainder of the year.”
Significant New Jersey transactions during the six-month period, include:
• 56,896 sq. ft. leased to MSN Services at 39 Robinson Road in Lodi;
• 40,369 sq. ft. leased to Perlen Converting at 135 Algonquin Parkway in Whippany; and
• 32,300 sq. ft. leased to Bonded Services at 86 – 110 Orchard Street in Hackensack.