The Hampshire Companies Ink 306,900-Square-Foot Lease with Jade Jeans in Newington, Connecticut
Newington, Conn. (February 11, 2014)-- The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at more than $2.5 billion, announces the execution of a 306,900 square foot lease at 475 Willard Avenue in Newington, Connecticut, a warehouse distribution center located in this suburb of Hartford. ADS Warehouse Solutions, a logistics management company for Jade Marketing Group and Onyx Design Groups, signed a long-term lease to become the largest tenant in the building, occupying nearly half of the 614,600-square-foot state-of-the-art distribution center.
Boasting both exterior and interior loading docks, the space will now serve as a distribution center for the clothing manufacturer’s jean brands, including: Amethyst Jeans, Ariya Jeans and T.K. Axel Brand. The space provides the tenant withproximity to its corporate office in West Hartford, and easy access for distribution via a network of major area highways, including Interstates 84 and 91.
“The location of the space within minutes of both Hartford and the tenant’s corporate office, coupled with the additional interior loading docks, made this an ideal location for Jade Jeans to use as its new distribution center,” said Todd Anderson, a Principal for The Hampshire Companies. “Our ability to understand tenant requirements and provide them with strategic space solutions that meet their unique growing needs and demands enabled us to secure this long term lease with a high caliber tenant.”
Chris Metcalfe and Bill Bronson of CBRE New England represented Hampshire in this transaction. Tim D’Addabbo of Cushman and Wakefield represented the tenant in the transaction.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate investment firm based in Morristown, N.J. 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. Additional information on The Hampshire Companies is available online at www.hampshireco.com.