The Hampshire Generational Fund Acquires Industrial Building in Philadelphia, Pa.
Philadelphia, Pa. (January 15, 2009) – The Hampshire Companies, a fullâ€‘service, private real estate investment firm with equity in assets valued at over $2 billion, has acquired a 39,702-square-foot industrial building located at 8401 Escort Street in Philadelphia, Pa.
The single story food processing facility is currently leased to Sky Chefs, an internationally recognized provider of culinary expertise for airline catering. The property is ideally located adjacent to the Philadelphia International Airport and offers 5,700 square feet of office space.
“This acquisition was an excellent opportunity for us to expand into the Philadelphia market,” said Robert Schmitt, a principal of The Hampshire Companies. “In addition, having a strong tenant already in place and the great location made this a solid asset.”
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate firm 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. Additional information on The Hampshire Companies is available online at http://www.hampshireco.com.
R&J Public Relations