By Joshua Burd
The state’s commercial real estate industry is mourning the loss of Todd Anderson, a longtime executive with The Hampshire Cos. who died suddenly this past weekend at age 58.
Hampshire announced Monday that Anderson, a principal with the firm, passed away unexpectedly at his home in Bernardsville. He joined the Morristown-based business in 2005 and was an integral member of its senior leadership team, the firm said, recalling his passion, hard work and creative approach to real estate investment and development.
“I, like every member of the Hampshire team, am shocked to learn of Todd’s sudden passing as he was more than a partner or a colleague but a member of our Hampshire family and a dear friend,” said James E. Hanson II, CEO and president of The Hampshire Cos. “Although Todd’s twelve years at Hampshire were far too short, I will always remember the thought-provoking, energizing and stimulating daily conversations we enjoyed and the vision and creative ingenuity that Todd brought to work each day.
“My deepest thoughts are with his family at this time.”
Anderson, who was also executive vice president, acquisitions and leasing director, partners funds, was involved in more than 125 repositioning and development projects with an aggregate value more than $2 billion throughout the U.S. Hampshire said that, behind Anderson’s leadership and vision, the firm executed transformational office repositioning projects at 8 Sylvan Way in Parsippany, Centra in Woodbridge and 175 Park Avenue in Madison, creating modern workplaces for thousands of corporate employees in the state.
Anderson also helped two major companies secure new headquarters in New Jersey, bringing The Medicines Co. to 8 Sylvan in 2008 and Realogy to 175 Park in 2012. Both deals were recognized by NAIOP New Jersey with its prestigious Deal of the Year Award in 2008 and 2012, respectively.
Hampshire also recalled Anderson’s kind, gentle manner that endeared him to his colleagues, fellow business leaders and members of the local communities where Hampshire sought to do business. He forged strong relationships with local municipal leaders and exemplified the ideal of a responsible and thoughtful community-oriented real estate executive, the firm said.
For instance, his relationship with officials in Carteret enabled Hampshire to reposition, develop or plan nine projects with an aggregate 2.25 million square feet and value in excess of $350 million within the municipality.
He is survived by his wife Dorota and son Jackson.
“I am honored to have called Todd a partner and colleague but most of all, a friend,” said Jon F. Hanson, chairman of the Hampshire Cos. “In his time at Hampshire, Todd’s vision, passion and creativity made him a valued member of our team and someone I came to rely upon for counsel and advice.
“My sincere condolences go out to Todd’s family during this difficult time.”
Prior to joining Hampshire, Anderson was a member of CBRE Global Investors Strategic Partners group, where he was involved in all asset management activities on the East Coast and Southeast.