HILCO REAL ESTATE SALES BRINGS TO MARKET PORTFOLIO OF INDUSTRIAL PROPERTIES AVAILABLE ACROSS FLORIDA, ARIZONA, TEXAS & WASHINGTON
NORTHBROOK, Ill. — Hilco Real Estate Sales has announced that March 11, 2025, will serve as the qualified bid deadline for a portfolio of 14 strategically located industrial properties spread across key states including Florida, Arizona, Texas, and Washington. These properties are being sold individually as part of the Chapter 11 bankruptcy of Refreshing USA, LLC, a convenience services company specializing in automated vending and water solutions.
This diverse collection of properties presents significant opportunities for businesses, investors, and developers eager to enhance their presence in high-demand markets. The available sites are situated in several promising areas, including:
- Arizona: Apache Junction, Flagstaff
- Florida: Ft. Myers
- Illinois: Posen
- North Carolina: Archdale
- Texas: Houston, San Antonio, Odessa
- Washington: Marysville
Among the notable assets in this portfolio are a 27,000± square foot industrial warehouse in Ft. Myers, Florida, and a 55,000± square foot industrial distribution warehouse located in San Antonio, Texas. The land-only assets within this portfolio range from 0.22± acres to 7.81± acres. This extensive selection aligns with prevailing industrial real estate trends, particularly in robust markets such as Phoenix and Houston, which are benefiting from the growth of e-commerce and a strong manufacturing sector. Moreover, Texas, Arizona, and Florida continue to rank as some of the fastest-growing states in the U.S., which further drives the demand for industrial, retail, and mixed-use developments.
“This portfolio spans high-demand regions, offering key opportunities for businesses and developers to take advantage of robust growth trends,” stated a representative of Hilco Real Estate Sales. “Many of the available properties have flexible zoning options, enabling unique uses such as light manufacturing, retail centers, or multifamily housing developments.”
Furthermore, another executive noted, “These properties are well-positioned to meet the increasing demand for industrial and commercial spaces. Cities like Seattle, Houston, and Ft. Myers are experiencing exceptional economic and population growth, making this an opportune moment for investors to secure strategic positions in these dynamic regions. With flexible zoning and proximity to growing populations, these sites represent both immediate and long-term return on investment possibilities.”
The sale is being conducted under the Order of the U.S. Bankruptcy Court for the Eastern District of Washington, Petition No. 24-01863-11, In re: Refreshing USA, LLC. All bids must be submitted on or before the deadline, which is set for March 11th at 5 p.m. (CT), using the Purchase and Sale Agreement available for review.
For interested buyers, it is essential to review the participation requirements for the bankruptcy sale process. Further detailed information regarding the properties, sale process, and terms, as well as access to due diligence documents, can be obtained through Hilco Real Estate Sales.
Hilco Real Estate Sales specializes in optimizing the real estate holdings within a company’s portfolio, which is critical for maintaining a robust financial foundation for long-term success. The company employs comprehensive strategies to assist clients in improving cash flow, maximizing asset value, and minimizing liabilities and risks associated with their real estate portfolios. Over the course of more than 20 years, Hilco Real Estate Sales has successfully secured billions in value for numerous clients, demonstrating its expertise in navigating complex transactions, including strategic asset management and capital optimization.