News: Retail
Posted: February 21, 2013
The Hampshire Companies sell 20,000 s/f retail supermarket building
The Hampshire Companies, a full-service, private real estate investment firm, has sold a 20,000 s/f retail building located on Union St. to Hannaford Supermarkets.
Based in Scarborough, Maine, Hannaford Supermarkets operates over 180 stores and employs more than 27,000 associates in Maine, Mass., N.H., N.Y. and Vt. Hannaford is a Delhaize America company, and is owned by Belgian-based Delhaize Group, one of the world's largest food retailers.
"Hannaford's deep roots and long history in the grocer retail marketplace provided the company with the right insight to select Brandon, Vermont as its next location," said Robert Schmitt, a principal of The Hampshire Cos. "The building's ideal location near area highways and its structure suit the needs of Hannaford well, creating an excellent opportunity for bothHampshire and the purchaser."
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