ACQUISITION & INVESTMENT

 

Our investments benefit from our hands-on approach through value-added capital improvement programs; third party operator evaluation, selection and supervision; and facility conversion to automated systems. Profitability and return on investment are maximized as a result of careful attention to detail.

 

Hammerschlag & Co., Inc. acquires parking assets nationwide.

Our investment criteria is as follows: 

 

  • Deal size: $500,000 - $100 million

  • Parking garages

  • Parking lots

  • Off-airport parking facilities

  • Municipality owned parking facilities undergoing privatization

  • The parking component of mixed-use development such as hotels, apartments, retail or a combination thereof

  • Joint venture opportunities considered

 

If you currently own or manage a garage property that you think may fit our investment profile, please contact us by email at info@hammerschlagparking.com.

Super Park Hobby Airport - Houston

Super Park Hobby Airport - Houston

Total Stalls: 866 Facility Type/Market Served: off-airport self-park garage adjacent to Houston Hobby Airport. Year: Acquired in 2010; Sold in 2014

201 W. Madison Self Park

201 W. Madison Self Park

Total Stalls: 1,168 Facility Type/Market Served: commercial self park garage with ground level retail. Year: 1997 – 1998; Acquired in 2002 - ongoing

Public Square Garage - Nashville, TN

Public Square Garage - Nashville, TN

Total Stalls: 1,068 Facility Type/Market Served: commercial self park garage with ground and basement level retail/office. Year: Acquired in 2003; Sold in 2012

Washington Franklin Self Park

Washington Franklin Self Park

Total Stalls: 562 Facility Type/Market Served: commercial self park with ground level retail; serves adjacent residential condominiums. Year: Garage opened in 1998; Sold in 2012

75 West Harison_Image 2

75 West Harison_Image 2

Total Stalls: 220 Facility Type/Market Served: serves the 355 condominium units above as well as offices, hotels, residential and commercial buildings in its surrounding area. Year: Acquired in 2010 - ongoing

8 Surface Lots, Downtown Roanoke, VA

8 Surface Lots, Downtown Roanoke, VA

Total Stalls: 401 (eight surface lots totaling 117,000 sf) Facility Type/Market Served: unattended automated self-park lots serving the entertainment district, retail, commercial, and residential buildings in downtown Roanoke. Year: Acquired in 2015

Galveston Park N Cruise

Galveston Park N Cruise

Total Stalls: 277 Facility Type/Market Served: best located parking available to serve the Port of Galveston cruise industry. Year: Acquired in 2015

Cardinals Parking - St. Louis, MO

Cardinals Parking - St. Louis, MO

Total Stalls: 354 Facility Type/Market Served: best located parking available for St. Louis Cardinals games. Year: Acquired in 2016; Sold in 2017

Hammerschlag & Co., Inc  |  350 West Hubbard Street, Ste. 450  |  Chicago, IL 60654  |  312.494.0371   |  info@hammerschlagparking.com

Public Square Garage - Nashville, TN

Total Stalls: 1,068 Facility Type/Market Served: commercial self park garage with ground and basement level retail/office. Year: Acquired in 2003; Sold in 2012