700 Blair Rd., Carteret, NJ
CARTERET, NJ—Hampshire Companies of Morristown, NJ has sold a portfolio of 33 industrial buildings and development sites in the Garden State to Dallas-based Colony Industrial, which announced last week that it has put its multi-billion-dollar industrial portfolio on the market for sale.
The deal was announced by CBRE, which brokered the deal that includes 30 industrial buildings totaling more than 1.3 million square feet. Colony Industrial acquired the portfolio, which is situated on nearly 83-acres of land, for an undisclosed sale price. Also included in the transaction were three development sites located in Carteret and West Caldwell, NJ totaling 46-acres.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
