A comprehensive real estate investment and reconstruction company, Hilco reconstruction Partners, revitalizes dilapidated industrial areas around the country. Their distinctly comprehensive approach to development places a strong emphasis on environmental, social, and economic sustainability. They redesign, clean up, and reconstruct these properties using a fluid and integrated process thanks to their vertically integrated structure.
Hilco Redevelopment Partners
Hilco Global, a top provider of asset management, investment, and advisory services to the retail, industrial, and real estate industries, established Hilco Redevelopment Partners in 2013. The business has offices in Boston, Philadelphia, New Jersey, and Miami in addition to its Chicago-based headquarters.
With regards to redeveloping complicated and difficult real estate assets, Hilco Redevelopment Partners has a proven track record of success. Their significant initiatives include:
- TradePoint Atlantic, a 2,200-acre industrial park in Baltimore, Maryland
- HRP Alexandria, a mixed-uses development in Alexandria of Virginia
- The Bellwether District, a 1.5 million square in foot mixed-uses development in Philadelphia in Pennsylvania
- 776 Summer Street, a 500,000 square in foot office building of Boston, Massachusetts
- HRP Mercer Logistics Park, a 1.2 million square in foot logistics park in Hamilton Township, New Jersey
Hilco Redevelopment Partners is dedicated to redeveloping not just their own properties but also the neighbourhoods in which they are located. They think that redevelopment may be a potent weapon for both social justice and economic progress.
The company’s approach to redevelopment is based on the following principles
- Economic sustainability: The goal of the Hilco Redevelopment Partners is to establish initiatives that will benefit the neighbourhood economically in the long run.
- Community engagement: To make sure that their initiatives satisfy the requirements of the community, the firm maintains tight relationships with regional stakeholders.
- Environmental sustainability: The Hilco Redevelopment Partner’s priority to develop projects that are environmentally responsible.
The Organisation is dedicated to developing initiatives that are good for the environment, the economy, and the residents and workers of the places they serve.
Additional Facts About Hilco Redevelopment Partners
- Over $3 billion worth of assets have been purchased by the firm.
- Over 20 million square feet of existing structures and potential development assets are now included in their portfolio.
- They have a group of knowledgeable experts with extensive expertise in the real estate sector.
- They firmly believe in the principles of sustainable development.
Together, DB Schenker and Hilco Redevelopment Partners will turn an old coal-fired power plant into a sustainable logistics park.
About Hilco Redevelopment Partners
A long-term contract for 80,000 square feet of cutting-edge warehouse space at HRP Hudson Logistics Park was announced today by Hilco Redevelopment Partners (HRP) and DB Schenker, a pioneer in global logistics. The park, which is situated on the grounds of a former coal-fired power station in Jersey City, New Jersey, now has its first significant tenant thanks to the contract.
The 705,000 square feet HRP Hudson Logistics Park is a master-planned industrial park with sustainable building practises, including solar-ready infrastructure. The Port of New York & New Jersey, Newark Liberty International Airport, and Lower Manhattan are all within four miles of the park, which is advantageously situated nearby.
“DB Schenker’s commitment on global sustainability, eco-friendly logistics, and promoting vibrant communities matches effortlessly with our ambitious rehabilitation initiatives in Jersey City, according to Andrew Chused, Chief Investment Officer of HRP. We are pleased to note that DB Schenker follows these important values as well. HRP’s commitment to sustainable redevelopment has been the project’s major focus.”
About Hilco Redevelopment Partners
Real estate owner, operator, and developer Hilco Redevelopment Partners (HRP) specialises in the renovation of complicated assets around the country. The firm is dedicated to sustainable redevelopment that puts the community, the environment, and the economy first. HRP has a proven track record of success when it comes to remediating and redeveloping properties for the future.
About DB Schenker
DB Schenker has more than 76,000 people spread across more than 2,000 sites, making it one of the largest integrated logistics service providers in the world. The business provides a wide range of logistics services, such as land transportation, air and ocean freight, and complete logistics solutions. In order to lessen its impact on the environment, DB Schenker has implemented a variety of measures as part of its commitment to sustainable logistics.
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