The
National Industrial Portfolio
includes 31 institutional-grade
buildings in
seven of the nation’s
largest
distribution
markets: Colorado,
Connecticut,
Massachusetts, New
Hampshire, New
York, Pennsylvania
and Texas.
For information on individual
properties,
click here. |
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Hackman
Capital Partners Closes the Acquisition
of $516 Million National Industrial
Portfolio
Hackman Capital Partners, in a joint
venture with KBS Real Estate Investment
Trust
and Calare Properties, has acquired the
$516 Million National Industrial
Portfolio from
Massachusetts-based seller, Equity
Industrial Partners Corporation.
The portfolio consists of 31
institutional-grade industrial
buildings, which total 11.36 million
square feet and are located in seven of
the nation’s largest distribution
markets. The properties are 94% occupied
by 44 tenants, including Home Depot,
Penn Traffic, Regency Transportation,
Tyco International, Lego, Staples, Kraft
Foods, Jabil, Coca-Cola and Dial.
“This acquisition presents a terrific
opportunity for our team to capitalize
on what we do
best—buying highly functional industrial
properties in good markets with
significant upside
potential,” said Michael Hackman,
Founder and CEO of Hackman Capital
Partners.
Founded in 1987, Hackman Capital
Partners specializes in the acquisition,
management,
development and adaptive re-use of real
estate assets. The company pursues
value-added and distressed investment
opportunities and owns industrial,
office and retail properties in
excess of 16 million square feet.
Holdings also include 700-plus acres of
land for development.
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