The larger of the two buildings is 21 Fadem Rd., a 122,599-sfasset in Springfield, picked up from the locally based R.F.B.Realty Corp. The deal was done on behalf of Hampshire Partners FundVII, a $350-million institutional fund. The sale price was notreleased.

"The property's location, near Route 22 and the Garden StateParkway, and the option to divide the space in a variety of waysfor multiple uses, makes it a good home for a range of tenants,"says Hampshire's senior investment manager, Todd Anderson. Thebuilding is currently vacant, and target tenants include industrialand technology companies with manufacturing, assembly anddistribution requirements.

The second building just acquired is the 80,000-sf warehousebuilding at 2 Dedrick Place in West Caldwell. Unlike theSpringfield building, this one is fully leased on a long-term basisto RLB Food Distributors. The produce and deli distributor andprocessor uses the space as its headquarters location.