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The Hampshire Companies announced the combined sale of202,652 s/f of industrial space located at 2 Cranberry Road in Parsippany, N.J.

The Hampshire Companies announced the combined sale of202,652 s/f of industrial space located at 2 Cranberry Road in Parsippany, N.J. The fully-leased property operated as an industrial condominium with Hampshire owning the first floor and Tulfra owning the second floor. The private buyers purchased both floors simultaneously. The two-story industrial property is located on 10.11-acres in Parsippany, 1.5-miles from the crossroads of 1-80 and 1-287, with additional access points from 1-280 and Routes 10, 46 and 202. Igor Derbaremdiker, Director of Dispositions for The Hampshire Companies, made the announcement. 2 Cranberry Road has 22 ft. ceilings on its first floor with 20 loading docks, four drive-ins, 30 x 30 ft. column spacing, two hydraulic elevators, a wet sprinkler system and an energy efficient T-8 lighting system. The property parking for 362 cars. It is located within the Fox Hill Industrial Park .

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Title Annotation:SALES
Comment:The Hampshire Companies announced the combined sale of202,652 s/f of industrial space located at 2 Cranberry Road in Parsippany, N.J.(SALES)
Publication:Real Estate Weekly
Article Type:Brief article
Date:Jun 22, 2016
Words:146
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