CRE Midwest

Hackman Capital expands industrial footprint in Chicago's north-side infill submarket

Cenveo-photo

The buildings were acquired in a sale-leaseback transaction and total 195,436 square feet.

Los-Angeles-based real estate investment firm, Hackman Capital Partners, LLC, announced the purchase of two industrial buildings in the city’s coveted north submarket.

The buildings were acquired in a sale-leaseback transaction and total 195,436 square feet. A 150,085-square-foot building is located on the river at 3001 North Rockwell Street and a 45,351-square-foot building is located at 2950 North Campbell Avenue.

Cenveo Corporation, a leading global provider of custom print, labels and envelopes, was the seller and tenant, and it will continue operations in both facilities.

Hackman Capital Partners entered the Chicago market less than a year ago with the acquisition of a six-building, 906,984-square-foot infill portfolio. Those industrial buildings are located throughout metro Chicago with concentration near O’Hare and Midway International Airports.

Preston Thomas, Mike Senner and Brian King of Colliers International represented the seller in the recent Chicago acquisition.