Hilco Global Announces Major Bankruptcy Sale of Industrial Assets

Overview of the Bankruptcy Sale

Hilco Global's real estate group has announced an exciting opportunity for investors with the bankruptcy sale of a three-property industrial portfolio. This collection involves a total of approximately 506,000 square feet of prime industrial real estate formerly owned by IG Design Group Americas, Inc. The portfolio spans multiple states, including Pennsylvania, Maryland, and South Carolina, and the qualified bid deadline is set for November 10, 2025.

Properties Included in the Sale

Berwick, Pennsylvania Facility

The first property on the block is a 67,845 square foot turnkey office and showroom facility located in Berwick. This site offers ample surface parking and is infrastructure-ready for production, storage, or operational use. Its strategic location allows for potential commercial development, especially given its proximity to a multi-billion dollar Amazon data center park, positioning it perfectly within a developing commercial corridor.

Hagerstown, Maryland Site

Next is the Hagerstown location, a substantial 283,450 square foot facility situated on 15 acres. With six dock-high doors and one drive-in door, it boasts impressive connectivity to major transportation routes via I-81 and I-70. Additionally, this site lies approximately 75 miles from the Port of Baltimore, enhancing its appeal with direct access to international trade.

Batesburg-Leesville, South Carolina Property

The final asset is a 154,719 square foot turnkey facility in Batesburg-Leesville, located on about 20.96 acres. This site includes a substantial 76,480 square foot basement and features proximity to vital thoroughfares such as US-1 and I-20. The flexibility of its zoning and location within an Opportunity Zone positions it favorably for both reuse and redevelopment.

Investment Potential

Jordan Schack, vice president at Hilco Global, emphasizes that this portfolio presents a unique mix of scale and geographic diversity for investors. With established infrastructures and connectivity to key distribution networks, there are plenty of opportunities for buyers to generate immediate income while capitalizing on long-term growth prospects.

Bidding Process and Further Information

These assets are available through a sale process that has the backing of the U.S. Bankruptcy Court in Houston. Interested parties must submit bids by 5:00 p.m. ET on November 10, 2025, using the Asset Purchase Agreement accessible through Hilco Global’s website. For inquiries, reach out directly to Jordan Schack at (847)-504-3297.

About Hilco Global

Hilco Global, a subsidiary of ORIX Corporation USA, operates as a diversified financial services entity focused on delivering integrated professional services and capital solutions. Their tailored services help clients across various sectors, including retail and industrial, to maximize value and drive performance. With a robust network of over 810 professionals worldwide, Hilco Global stands ready to provide strategic advice and the capital necessary for successful transactions. For further information, visit their official website.

Frequently Asked Questions

What properties are included in the Hilco Global sale?

The sale includes three properties in Pennsylvania, Maryland, and South Carolina, totaling about 506,000 square feet.

How can investors participate in the bidding?

Investors can submit bids until November 10, 2025, using the Asset Purchase Agreement from Hilco Global's website.

What is the significance of the locations?

Each property is strategically positioned in established logistics hubs with strong infrastructure and connectivity to major transport routes.

Who should potential buyers contact for more information?

Interested buyers can reach out to Jordan Schack at (847)-504-3297 for inquiries regarding the sale.

What are the potential benefits of the properties?

These properties offer immediate operational functionality and significant potential for redevelopment and investment upside in growing markets.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

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