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A joint venture of Hamilton-Titan Partners, a Chicago-based private real estate company, and Strategic Capital Partners, LLC (SCP), a Chicago-based private investment firm, has purchased a portfolio of industrial buildings in Largo, Florida, west of Tampa. The properties include the home office and manufacturing facilities for Eva-Tone, Inc., a printing and media products manufacturing company, as well as distribution and showroom buildings for other tenants totaling 318,000 square feet.
"These properties add both geographic and product diversification to our existing portfolio," said Bob Klauseger, a senior partner at Hamilton-Titan. "Strategic Capital matches up well with our acquisition strategy. They reacted quickly yet responsibly to the complexities of this value-add investment."
Added Fred Scott, Vice President of Acquisitions at SCP, "Strategic Capital Partners is pleased to invest with a company with such a strong reputation and track record as Hamilton-Titan Partners. We look forward to creating additional value with this portfolio."
Hamilton-Titan Partners is a joint venture between Hamilton Partners, Inc. and Titan Investments. The acquisition increases the number of properties Hamilton-Titan Partners has acquired during the past 24 months to eleven properties totaling 1.9 million square feet.
Hamilton Partners owns more than 25 million square feet of existing office, industrial and retail projects in Chicago, Denver, Florida, Milwaukee and Salt Lake City. Learn more about Hamilton Partners at www.hamiltonpartners.com.
Titan Investments was formed in 1993 as a privately owned real estate firm that specializes in creating value through the strategic development and acquisitions of mixed-use properties. Since its inception, Titan has developed and acquired projects with a total market value of more than $500 million. Learn more about Titan Investments at www.titanrei.com
Strategic Capital Partners, LLC (SCP) is a privately held real estate investment management firm that employs a value-added investment strategy of acquiring commercial and multi-family properties via joint ventures with experienced local real estate operators. SCP is focused on properties across the United States that can be repositioned, re-leased and/or redeveloped. The company is headquartered in Chicago with offices in Indianapolis and New York.