NEW JERSEY—A.J. Richard & Sons Inc. has purchased 2-Germak Drive in Carteret from The Hampshire Companies.

Cassidy Turley represented The Hampshire Companies in the transaction while Studley represented P.C. Richard & Sons in the transaction.

Situated on more than 15 acres, the property comprises 299,625 sq. ft. of space and is located with easy access to the Port of New York/New Jersey, the New Jersey Turnpike and Newark Liberty International Airport.

The Hampshire Companies acquired the property in 2008, fully leasing it to P.C. Richard & Sons, a family-owned and operated appliance and electronics company.