(PRWEB) April 21, 2013
Ben Struewing joined the Columbus office of Los-Angeles-based Hackman Capital Partners, LLC, a privately-held, asset-based investment firm specializing in industrial real estate and equipment, on April 15. Struewing, who has more than 16 years of real estate experience, will drive leasing efforts, as well as participate in the company’s acquisition endeavors.
Struewing comes to Hackman Capital from Jones Lang LaSalle, where he represented owners and landlords as Senior Vice President, and previously from Duke Realty Corporation as Vice President responsible for leasing.
“We’re thrilled to have Ben on the team,” said David Smith, Hackman Capital Executive Vice-President. “The company will greatly benefit from his wealth of experience, passion for the business and sterling reputation in the industry, as we continue to build our real estate portfolio east of the Mississippi,” said David Smith, Hackman Capital Executive Vice-President.
Hackman Capital owns, through its affiliated entities, more than 100 facilities throughout the United States. The company opened a Columbus office in August 2012, when it acquired a large piece of Schottenstein Property Group’s industrial portfolio in Central Ohio. Hackman Capital’s Columbus team currently oversees approximately 5.1 million square feet—2.7 million square feet in Central Ohio and an additional 2.48 million square feet in Michigan, Kentucky, West Virginia and Virginia.
“We entered Central Ohio’s industrial market in 2010 when we purchased a 224,600-square-foot distribution center at 4370 Alum Creek Drive. The Schottenstein portfolio acquisition gave us an additional 139 tenant spaces, ranging from 1,600 to 360,000 square feet,” said Smith.
Since then the company has executed more than 184,063 square feet in new leases and 235,788 square feet in tenant expansions and lease renewals—and nearly double that in pending activity. “It’s exciting how much business has been generated in just under eight months. We’re moving in the right direction—and moving fast,” Smith said.
Ben joins two other recent hires at Hackman Capital’s Columbus office. Asset Manager William B. Casassa started with the company in September 2012, bringing with him 25 years of property management experience from Duke Realty. Senior Controller Michelle Mowery, formerly Vice President and Controller at The Pizzuti Companies, joined the company in November.
More about Hackman Capital
Founded in 1986 and headquartered in Los Angeles, Hackman Capital is a privately held, asset-based investment firm that focuses on the acquisition of industrial real estate and the purchase and sale of industrial equipment. The firm currently owns, through its affiliated entities, more than 100 facilities throughout the United States, totaling approximately 18 million square feet and over 1,300 acres of developable land. Hackman Capital also has conducted hundreds of equipment acquisitions, dispositions, and liquidations on four continents. With more than 27 years of experience in acquisition, redevelopment, and asset management, Hackman Capital is known across marketplaces for its ability to successfully navigate complex transactions and financial restructurings involving real estate and equipment. The company manages its Midwest and Mid-Atlantic operations, including properties in Ohio Michigan, Kentucky, West Virginia and Virginia from its Columbus office. For more information, visit http://www.hackmancapital.com.