COLUMBUS—Hillwood Investment Properties, a Perot company, has just acquired Rickenbacker 8, a new 484,216 square foot class A industrial warehouse developed by the Opus Groupat the Opus Business Center in suburban Groveport. Opus and Founders Properties were the sellers.
The purchase was the latest move by the Dallas-based Hillwood that bolsters its presence in the expanding Midwest industrial market, and complements new projects in the Chicago and Cincinnati metro areas.
What makes this purchase somewhat more eye-catching is that the property is vacant, which perhaps shows a great deal of confidence in the Columbus market on the part of Hillwood.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
