Hampshire Partners Fund VII Acquires Medical/Retail Building in Bronx, N.Y.
The Hampshire Companies has announced the acquisition of a 59,100-square-foot medical/office building and a 21,000-square-foot retail building.
Bronx, NY (PRWEB) January 16, 2008 — The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has announced the acquisition of a 59,100-square-foot medical/office building and a 21,000-square-foot retail building both located at 3250 Westchester Avenue in Bronx, N.Y. from Pelbay Associates, Inc. The acquisition was made on behalf of Hampshire Partners Fund VII, Hampshire’s $350 million institutional real estate investment fund.
Ideally located with close proximity to the New York City Subway System, the property is fully leased and is home to national retail tenants such as Dunkin Donuts, Baskin Robbins, Subway and CVS/Pharmacy. Medical tenants include Doschi Diagnostic, a multi-modality imaging center and premier radiological service provider and SurgiCare Ambulatory Surgery Center of New York, a state-of-the-art ambulatory surgery center.
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