October 19, 2017 Comments Off on Devli Group Buys Hackettstown Commerce Park in Warren County, NJ Views: 464 New York News, Tri-State Area New York

Devli Group Buys Hackettstown Commerce Park in Warren County, NJ

Devli Group paid an undisclosed price to buy Hackettstown Commerce Park, a flex/industrial campus with nearly eight acres of developable land in Warren County, NJ.

The 197,438-square-foot campus is currently 88% leased to 11 tenants. Tenants typically stay for a long time at Commerce Park — averaging 7.7 years.

“Leasing velocity during the marketing process and closing period further demonstrated the property’s demand,” said Andrew Schwartz, director for Cushman & Wakefield, who with Andrew Merin, David Bernhaut, Gary Gabriel, Brian Whitmer, Andrew Schwartz, Kyle Schmidt, Ryan Larkin and Jason Barton represented the seller, Hampshire Management Company, and procured the buyer.

The offering drew robust touring and multiple qualified bidders.

Read More at Cushman & Wakefield

Connect with Cushman & Wakefield’s Schwartz

For comments, questions or concerns, please contact Bendix Anderson


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