4-27-18

Real Estate Journal — Owners, Developers & Managers — April 27 - May 10, 2018 — 7B

www.marejournal.com

M id A tlantic

O wners , D evelopers & M anagers

Hollister Construction Services serves as the general contractor for the project TheHampshireCompanies remainbullishon self- storage market opening its 38th storage facility C

shire Companies. “The indus- try has certainly changed, but our formula for success has remained the same. We search for underserved residential ar- eas with a high barrier to entry and leverage the experience of our team and our project partners to execute our vision. Carteret, under the leadership of Mayor Reiman and the Bor- ough Council, has been a great community to work with to cre- ate projects like the Carteret self-storage facility that took a former Brownfield site and turned it into a facility that serves the community.” 

arteret, NJ — The Hampshire Compa- nies continues to bol- ster its self-storage portfolio celebrating the ribbon cutting of its 38th Extra Space Storage facility. The facility located at 6640 Industrial Hwy. in Cart- eretwill be managed by Extra Space Storage. Company ex- ecutives from The Hampshire Companies, Extra Space Stor- age, SNS Architects , and Hol- lister Construction Services were joined by Mayor Daniel Reiman and council members for the milestone event. The Carteret facility is Hampshire’s most recent proj- ect in a long line of self-storage assets. Since 2012 Hampshire has repositioned or developed 53 self-storage facilities with an aggregate value of over $585 million. Presently, Hamp- shire has 15 self-storage de- velopment projects underway aggregating $240 million of investment. This project is the seventh project that Hampshire has completed in Carteret over the past five years. Moreover, the Hanson family has done busi- ness in Carteret over the past 65 years through three genera- tions starting with James E. Hanson who acquired 250 acres for industrial development in 1951. Located at the edge of Cart- eret’s residential area between Industrial Highway and Lef- ferts Street, Middlesex Coun- ty’s newest self-storage facil- ity offers easy accessibility to Carteret’s 24,000 residents and surrounding communities. At 81,745 s/f, the four-building facility is comprised of 784 storage units with flexible sizes ranging from 5’x5’ lock- ers up to 10’x30’ units spread between a four-story main stor- age building and three exterior metal buildings. Designed by SNS Architects, the facility incorporates a contemporary design with each of the features that the modern self-storage customer demands, includ- ing state-of-the-art security system, after-hours electronic card access, two elevators, full climate control and three off-loading locations. Hollister Construction Services served as the general contractor for the project. “We’ve come a long way from the old self-storage model of three walls and a garage door,” said James E. Hanson II, Presi- dent and CEO of The Hamp-

Shown from left to right are Jon Hanson, chairman of The Hampshire Companies, Carteret Mayor Daniel Reiman, James Hanson, II, president and CEO of The Hampshire Companies and Todd Anderson, principal, EVP acquisitions and leasing director Partners Funds for The Hampshire Companies.

Brockerhoff Environmental Services LLC Environmental Consulting and Remediation Brockerhoff Environmental Services LLC Environmental Consulting and Remediation CELEBRATING 10 Y OF SERVICE 2007-2017 Phase I Environmental Site Assessments Phase II Subsurface Site Investigations Regulated Underground Storage Tank (UST) Services Industrial Site Recovery Act (ISRA) Compliance New Jersey Licensed Site Remediation Professional (LSRP) Soil and Groundwater Investigations New Jersey Child Care Preliminary Assessments Remediation Services Call or Email Us: Frank Brockerhoff, LSRP frank@brockerhoffllc.com Sean Clifford, LSRP seanc@brockerhoffllc.com Phase I Environmental Site Assessments Phase II Subsurface Site Investigations Underground Storage Tank (UST) Services New Jersey Industrial Site Recovery Act (ISRA) Compliance New Jersey Licensed Site Remediation Professional (LSRP) Services Soil and Groundwater Investigations NJ Child Car Preliminary Assessments Remediation Services Call or Email Us: Frank Brockerhoff, LSRP frank@brockerhoffllc.com Se n Clifford, LSRP seanc@brockerhoffllc.com Amy Lopez, LSRP amyl@brockerhoffllc.com (908) 689-4300 or (908) 763-8560 CELEBRATING 10 YEARS OF SERVICE 2007-2017 Phase I Environmental Site Assessments Phase II Subsurface Site Investigations Regulated Underground Storage Tank (UST) Services Industrial Site Recovery Act (ISRA) Compliance New Jersey Licensed Site Remediation Professional (LSRP) Soil and Groundwater Investigations New Jersey Child Care Preliminary Assessments Remediation Services Call or Email Us: Frank Brockerhoff, LSRP frank@brockerhoffllc.com Sean Clifford, LSRP seanc@brockerhoffllc.com Amy Lopez, LSRP amyl@brockerhoffllc.com (908) 689-4300 or (908) 763-8560

Made with FlippingBook Learn more on our blog