10 Route 94 in Hampton — Courtesy: NAI James E. Hanson
By Joshua Burd
The owners of a home furnishings and antiques business have acquired a 6,000-square-foot retail building in Hampton Township, with plans to use the property as a second location.
Real estate services firm NAI James E. Hanson announced that it represented Nadine Barbagallo, the seller of 10 Route 94, in the transaction with William and Barbara Martin. The building is now slated to become the second warehouse for Barb’s Treasures, an expanding independent retailer that sells retail antiques and collectibles and also specializes in consignment.
NAI James E. Hanson’s Joe Vindigni completed the assignment, noting that the site offers proximity to routes 15 and 206, with access to a population of more than 24,000 potential shoppers within a three-mile radius. The property has parking for up to 22 cars, an overhead door and 10-foot ceiling heights, he said, adding that the facility also has a new roof.
Vindigni also represented the buyers. Terms were not disclosed.
“As commercial real estate transactions become increasingly complicated, more buyers and sellers are recognizing the benefits of engaging a broker in their transactions to ensure each party is equally represented and their unique needs are met,” Vindigni said. “Our decades of experience allow us to work with both retail buyers and sellers to close deals on a wide range of property types in a variety of markets.”