SOMERSET TECHNOLOGY CENTER TRADES IN N.J.

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WARREN, N.J. — The Hampshire Companies has acquired Somerset Technology Center from Archon Group. The two-building, 129,000-square-foot complex is situated on 15.7 acres at 150 Mount Bethel Road in Warren. Prior to the sale, Archon had received approvals to redevelop and expand the site up to 172,000 square feet, but Hampshire's future plans for the property were not disclosed. Cushman & Wakefield's Metropolitan Area Capital Markets Group arranged the deal. The team's members include David Bernhaut, Andrew Merin, Gary Gabriel and Robert Donnelly, Jr.

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