Hertz Investment Group


Hertz Investment Group is a company that invests in office buildings.

History

In 1979, the company was founded by Judah Hertz.
In 2003, the company acquired a 26-story office tower and retail complex from Simon Property Group for $36 million. The property was sold in 2009.
In 2011, the company sold The Hyatt at Capitol Square in Columbus, Ohio for $19.5 million.
In 2012, the company defaulted on a loan secured by an office building in Kansas City.
In 2013, the company acquired Bridgewater Place, an office building in Grand Rapids, Michigan.
In 2014, the company offered Gateway Center for sale.
In 2015, the company acquired 6 office buildings in the Southeast United States for $417.4 million.
In 2016, the company acquired 4 office towers in Indianapolis, Milwaukee, and Cleveland totaling more than 3 million square feet from Sam Zell's Equity Commonwealth for $416.9 million.