Working exclusively on behalf of the the Hampshire Cos., HFF senior managing director Jon Mikula and associate director Michael Klein placed the five-year, fixed-rate loan through M&T Bank. Loan proceeds are taking out mortgages on two of the properties and covering closing costs.
Hackettstown Commerce Park consists of three buildings plus one to-be-developed 5.13-acre parcel. Buildings one, two and three are 79% occupied to eight tenants including Andrex Inc., Yamazaki Tableware, Inc., Ideal Industries and Computer Warehouse, Inc. The property is located at 101 Bilby Rd. between Interstate 80 and Route 46 in the Warren County industrial market in Northern New Jersey.
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