#United States #Bankruptcy #Northbrook #Industrial #Hilco Global

Hilco Global Launches Bankruptcy Sale for East Coast Industrial Portfolio

Hilco Global’s real estate division is making waves with the announcement of a bankruptcy sale for a diverse industrial portfolio located across the East Coast of the United States. The deadline for qualified bids is set for November 10, 2025, opening a window of opportunity for investors interested in bolstering their industrial property holdings.

The portfolio includes three properties spanning a total of 506,000 square feet and is situated in established logistics and manufacturing hubs across Pennsylvania, Maryland, and South Carolina. Previously owned by IG Design Group Americas, Inc., these facilities focused on the production of craft supplies and ribbons catered to leading national retailers.

Portfolio Overview

1. Pennsylvania Property
The first property, located in Berwick, Pennsylvania, at 2015 West Front Street, features a 67,845± square foot office and showroom facility. This site comes with ample surface parking and is ready for production or storage operations. Its strategic location near the recently announced $20 billion Amazon data center park positions it favorably for future commercial development, enhancing its investment potential.

2. Maryland Facility
The second site, in Hagerstown, Maryland, encompasses a significant 283,450± square foot space on 15± acres. This facility is equipped with six dock-high doors and one drive-in door, allowing for efficient freight access. Key access routes include I-81 and I-70, making this site integral for firms wishing to capitalize on the Mid-Atlantic industrial hub. Additionally, its proximity to the deepwater Port of Baltimore (approximately 75 miles) facilitates international trade routes, further increasing its appeal.

3. South Carolina Location
The final property, located at 832 Summerland Avenue in Batesburg-Leesville, South Carolina, provides a 154,719± square foot turnkey facility on 20.96± acres. This expansive site includes an adjacent 29.1± acre parcel and a 76,480± square foot basement. Its access to US-1, US-178, and I-20 ensures connectivity to the Columbia Metropolitan Airport, as well as one of the busiest ports in the U.S., the Port of Charleston. The flexible zoning status places this property within an Opportunity Zone, making it an even more attractive option for potential investors.

Investment Potential

“This portfolio offers investors scale, geographic diversity, and substantial value-add potential across thriving markets,” stated Jordan Schack, Vice President at Hilco Global's real estate group. “With solid fundamentals such as strategic locations and existing infrastructure, buyers can benefit from immediate income opportunities as well as long-term growth.”

The assets are being sold in accordance with the U.S. Bankruptcy Court's approval under Petition No. 925-bk-90165 | In re IG Design Group Americas, Inc. Interested buyers must submit their bids by 5:00 PM (ET) on November 10, 2025, using the Asset Purchase Agreement (APA) available on Hilco Real Estate Sale’s website.

For further inquiries, prospective bidders can contact Jordan Schack directly at (847)-504-3297 or via email at email protected]. More information about the properties, sale process, terms, and due diligence documents can be accessed at [HilcoRealEstateSales.com.

The sale is in collaboration with Thomas R. Ligon (South Carolina Broker Lic. #17640) and Fernando Palacios (Pennsylvania Broker Lic. #RBR003848 and Maryland Broker Lic. #534177).

About Hilco Global

Hilco Global, part of ORIX Corporation USA, is a comprehensive financial services firm that delivers integrated professional services and capital solutions to maximize value across various industries, including retail, commercial, industrial, and real estate sectors. Its expertise lies in providing customized solutions tailored to the needs of both healthy and distressed companies, ensuring they can navigate complex situations effectively. With over 810 professionals operating globally, Hilco Global continues to prioritize client success and long-term enterprise value enhancement.