The Hampshire Generational Fund Sells 66,723-Square-Foot Shopping Center in Madison, Wis.
Madison, WI – August 22, 2008 – (RealEstateRama) — The Hampshire Companies, a full-service, private real estate investment fund manager with equity in assets valued at over $2 billion, recently announced the disposition of its 66,723-square-foot East Towne Shopping Center in Madison, Wis. The sale was made to Capitol East Towne, LLC. The property was owned by The Hampshire Generational Fund, one of the firm’s private equity real estate investment funds tailored to high net worth investors, and Abraham Schlussel.
Situated on over six acres, the property is home to major tenants including Old Navy, Sports Authority and Winslow’s Hallmark. In addition, the shopping center is conveniently located in a high traffic area adjacent to the East Towne Regional Mall.
“We were able to maximize on market demands due to the credit worthiness of our tenants and the location of the building,” said Rob Schmitt, Senior Managing Director of The Hampshire Companies. “This transaction is evidence of our ability to read the marketplace and make sound decisions on our investors’ behalf.”
The Hampshire Generational Fund, LLC, is a commingled, discretionary real estate investment fund. The Fund caters to high net worth individual investors who are looking to diversify their investment portfolio by investing in real estate. The goal of the Fund is to invest in quality income producing assets that will appreciate over time and produce stable cash flow in order to generate quarterly distributions to our investors.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate investment fund manager 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 in order to consistently outperform the market. Additional information on the Hampshire Companies and its funds is available online at www.hampshireco.com.
PR Contact:
Tiffany Miller
R&J Public Relations, LLC
908-722-5757
908-722-5776 (fax)
email
