MAPLE SHADE, NJ-The 66,750-sf retail building located at 590 Route 38 E., here, has been sold by the Hampshire Cos., based in Morristown. The sale was made on behalf of the Hampshire Generational Fund, one of the firm’s private equity funds. The buyer was an investor group, and the sale price was not released.

At the time of sale, the two-story building was occupied by a unit of Mealey’s Furniture, a family-operated chain based in Bensalem, PA that operates several outlets in Southern New Jersey and southeastern Pennsylvania. And the tenant will continue to occupy the building and its 10-acre site under the terms of a recent five-year lease extension.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.