Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FLORENCE, SC-The owner of a former Maytag Corp. washing-machine factory has renamed the 422,000-square-foot industrial facility as part of an aggressive marketing plan geared toward prospective tenants or owners. Los Angeles-based Hackman Capital Partners bought the facility more than two years ago.

Philadelphia-based Binswanger is sales and leasing broker for Florence Industrial Center, which occupies 49 acres near Interstate 95 and is adjoined by 35 vacant acres. Promotional points include ceiling heights up to 43 feet, heavy power, outside free-standing storage and nearly 40,000 square feet of premium office space.

“Florence’s strategic location and proximity to deepwater seaports, along with the exceptional features of the building, create a first-class package that will appeal to a variety of prospects,” says Mike Schlesinger, vice president of asset management for Hackman Capital. He notes that the property is being marketed throughout the US to companies seeking a strong access point in the Southeast.

Hackman Capital purchased the property by way of an affiliate in late 2006, the same year Maytag closed its Florence plant. The transaction included 100 pieces of factory equipment that has since been sold off and removed, though the landlord will not disclose financial details.

Privately owned Hackman Capital specializes in acquiring, redeveloping and active reuse of industrial real estated. It currently owns and manages more than 16 million square feet nationwide, with regional offices in Chicago, Columbus, OH and Kalamazoo, MI.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.