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Hampshire Cos. acquires industrial building in Carteret

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Morristown-based real estate investment firm The Hampshire Cos. announced today its acquisition of 700 Blair Road, a 234,325 -square-foot, single-tenant, light industrial building in Carteret. It is fully leased to essential oils and aromatic chemicals company Berjé Inc. as its corporate headquarters. Financial terms were not disclosed.

According to the announcement, the property was acquired from GP 700 Blair Road LLC, and the transaction was brokered on behalf of the seller by HFF’s Florham Park office. The freestanding light industrial building has recently undergone a full renovation.

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