Feinstein, a practicing attorney with extensive real estateexperience, appears to have teamed up with veteran developer Hansonat the right time in this highly volatile commercial market to grabsome solid properties. "The Hampshire umbrella allows us to movequickly, positioning us to acquire investment properties as theybecome available," says Feinstein. He attributes the rapid successin part to "the relationship we have with a wide-ranging network ofbrokers."

Feinstein serves as president of the Hampshire 99 Fund; Hansonis chairman of the fund, as well as of Hampshire Management Co.,both based in Hackensack.

In New Jersey, properties that now reside in the fund'sportfolio include the landmark 175,000-sf PNC Office Building atOne Garret Mountain in West Paterson, purchased for $14.7 million.Others include a new 120,000-sf Storage USA facility in Fort Lee,which opened to the public last summer; a 250,000-sf warehousefacility in Newark; a 300,000-sf warehouse in New Brunswick,currently leased to a wholesale food distribution company; and thehistoric Old Bernardsville Library in Bernardsville, which dates tothe 18th century and is being renovated as a 10,000-sf officebuilding.

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