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Transactions - DECEMBER 12, 2019

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HFZ Capital JV acquires largest distribution center in Florida

by Released

HFZ Capital Group and Reich have acquired the largest distribution center in Florida, a 1.94 million-square-foot state-of-the-art facility that previously belonged to Transformco, the parent company of Sears stores located throughout the United States. 

The acquisition is a major addition to HFZ-Reich’s national portfolio of industrial properties.

The HFZ-Reich portfolio consists of multiple properties — including manufacturing, warehouse, distribution and flex office space — located throughout the United States. Launched less than a year ago, the portfolio includes two significant campuses in Wisconsin: the former Heinz Kraft-owned Oscar Mayer plant, located in the heart of Madison, and the former Caterpillar Global Mining campus in Milwaukee. HFZ-Reich also has sizeable industrial acquisitions in Nashville, Buffalo and Columbus. A number of the properties

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