Hackman, Calare Pocket $124M on 10-Property Industrial SaleBy
Los Angeles and Boston—Hackman Capital Partners LLC and Calare Properties Inc. continue their profitable disposition of assets from an industrial portfolio acquired a decade ago, with the sale of 10 properties in Connecticut and Massachusetts. The partners sold the 2.9 million-square-foot group of predominantly warehouse and distribution facilities to Winstanley Enterprises LLC for, according to Hartford Business Journal, $124 million.
“We repositioned the properties and attracted premier tenants. We’re thrilled with the results,” Michael Hackman, CEO of Hackman Capital Partners, said in a prepared statement. Commercial real estate services firm CBRE National Partners represented the Los Angeles-based Hackman and Boston-based Calare in the transaction…
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