Hampshire Partners Fund VII recently acquired a 596,000-square-foot distribution/office building in Mechanicsburg, Pa., for an undisclosed price.
Bookspan, the parent company of Doubleday Entertainment and Yes Solutions, sold the property, which is located at 1225 South Market St.
Situated on 101.7 acres, the two-story building is Hampshire’s second major acquisition in Mechanicsburg, having acquired a 414,016-square-foot warehouse building at 180 Kost Road in late 2006.
“Bookspan will continue to occupy a portion of the office space under a long-term lease,” said Norman A. Feinstein, executive managing director of The Hampshire Cos., in a statement. “The balance of the building will be repositioned for a variety of tenants and users.”
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