Here is a roundup of smaller deals and executive moves announced recently.
Deal Tracker
MORRISTOWN, NJ—Circle Squared Alternative Investments and the Hampshire Companies have acquired an industrial property in Carteret, NJ. The investment property provides an opportunity to develop into a Class-A industrial property in a market where new industrial product is limited. The 1500 Blair Road property is a 156,000 square foot Class-A warehouse/distribution facility. The project will be constructed on a six acre parcel of land which will be ground leased for a term of 50 years with two renewal options consisting of 20 and 25 years each.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.