COLUMBUS, OHIO—Hackman Capital, a privately held investment firm based in Los Angeles, has acquired a portfolio of 11 multi- and single-tenant industrial, flex and distribution properties from Columbus, Ohio-based Schottenstein Property Group Inc. (SPG). Ten of the properties are located in the Columbus; one is in Ruther Glen, Va.
Totaling more than 2.5 million sq. ft., the portfolio is 88 percent occupied.
Binswanger brokered the multi-million-dollar sale on behalf of SPG. The transaction was handled by David Binswanger, president and CEO; Andrew Harris and Bob Boyle, both managing directors for Binswanger Capital Group; and Rob Gemerchak, senior vice president in Binswanger’s Sylvania, Ohio office.
SPG is an owner, operator and redeveloper of shopping centers throughout the U.S., predominately anchored by national retail tenants including American Signature Inc., DSW Inc., Bed, Bath & Beyond Inc. and more. SPG owns interest in more than 156 properties in 27 states in excess of 21 million sq. ft. of gross leasable area.