According to Hackman Capital, a private, Los Angeles-based real estate investment firm, the former Penn Traffic Dry Goods Distribution Center in Jamestown has been given a new name, "The
Jackson Industrial Building." The re-naming is part of an aggressive marketing and branding campaign designed to reach national brokers and bring new tenants to the area.
The 287,959 s/f building is located at 133 Jackson Ave., approximately four miles from the Southern Tier Expressway, I-86, in the southwest corner of
the state in Chautauqua County, and is perfectly situated for a tenant
servicing New York, Ohio and Pennsylvania.
Key features, such as clearance heights up to 35' 7", extensive loading and wide bays, make The Jackson Industrial Building ideal for distribution and
warehousing, and with robust infrastructure, including ample power and parking, the building is also well suited for light manufacturing and assembly. An 8,000 s/f office area is located in the building.
"This is a great facility in a cost-effective market," said John Root, senior vice president of asset management for Hackman Capital. "The building has been extremely well maintained, and it offers the extra features tenants
want and, because of its size, it's a unique product for the area. In fact,
the property is just now available, and it's already generating a lot of
interest."
The Jackson Industrial Building is owned by National Industrial Portfolio, LLC., a joint venture among entities formed by Hackman Capital, Calare Properties, Inc. and KBS Real Estate Investment Trust I.
Hackman Capital manages the property. David Seider and Richard Schechter, from Pyramid Brokerage Company, are the leasing agents. Tags: