X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SACRAMENTO-Those who follow @GlobeStcom on Twitter and @GlobeStLIVE may have seen a post teasing the announcement, but GlobeSt.com has learned that earlier this month,Los Angeles-based real estate investment firm Hackman Capital Partners LLC purchased the former Campbell Soup Co.’s manufacturing facility in Sacramento. Hackman Capital partnered with Rabin Worldwide and Capital Recovery Group to acquire both the real estate and equipment assets in a bulk purchase.

Although the purchase price has not been disclosed, the facility boasts a highly improved 1.62-million-square-foot building on 129 acres of land with valuable energy, water, sewer and emissions permits. The site is currently permitted and licensed for sewer disposal credits, air permits, water wells, and a solar farm, making the infrastructure capacity at this facility unmatched within the market. Featuring its own water wells, the site is able to process approximately 2 billion gallons of water per year.

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?

GlobeSt. NET LEASE Fall 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

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.