Los Angeles, CA (PRWEB) December 14, 2016
Hackman Capital Partners, LLC and Calare Properties, Inc. announced today the recent sale of 9410 Heinz Way to an affiliate of Gramercy Property Trust, a New York based global investor and asset manager of commercial real estate. The 140,630-square-foot industrial facility was built in 2005 for current tenant Home Depot and is situated on 18.3 acres in Commerce City, Colorado, just outside of Denver, near the Denver International Airport.
CBRE’s Brad Ruppel and Brian Fiumara represented Hackman Capital Partners in the transaction.
The property was part of an 11.38-million-square-foot industrial portfolio purchased in 2007 by a joint venture formed by Hackman Capital Partners, Calare Properties and KBS Real Estate Investment Trust. The bulk of those properties are located in the Northeast.
Hackman Capital Partners is a national, real-estate investment and operating company, which focuses on the acquisition of industrial properties, including complete facilities with industrial equipment, infill flex properties and other real estate that can be repositioned for higher and better uses. The company is headquartered in Los Angeles.
More About Hackman Capital Partners
Hackman Capital Partners is a privately-held, real-estate investment and operating company that focuses on the acquisition of industrial properties, including complete facilities with industrial equipment, infill flex properties and other real estate that can be repositioned for higher and better uses.
Founded in 1986, Hackman Capital has conducted more than $2 billion in real estate transactions across 41 states—having owned, through affiliated entities, over 400 buildings totaling 35-plus million square feet and 24,000 acres of developable land.
The company is based in Los Angeles, California with regional offices in Columbus, Ohio and Boston, Massachusetts. It currently employs 82 people and manages approximately 300 major tenant companies nationwide, including Home Depot, Staples, Coca Cola, Lowe’s, Sony and Lego.
For more information, visit hackmancapital.com
About Calare Properties
Founded in 2003, Calare is a real estate operator focused on acquiring and managing warehouse, manufacturing, research and flex/office assets primarily in the Northeast. The company’s experienced team and fully integrated operating platform provide investment, asset management, leasing and property management expertise to drive performance at all stages of the investment process from acquisition through disposition. Calare has led the acquisition of more than 17 million square feet of properties, representing $800 million in real estate transactions through funds, direct deals and a multi-asset portfolio.
For more information, visit http://www.calare.com.