HRP Group was founded in 2011 (originally as Hilco Redevelopment Partners) under Hilco Global, carving a niche in transforming defunct industrial sites into high-performing logistics, mixed-use, and innovation hubs. Initially operating within Hilco Global’s ecosystem, HRP steadily matured as a vertically integrated, multi-strategy real estate investment and development firm. In June 2024, the company rebranded as HRP Group in anticipation of a spin-off; by September 2025, it completed its transition to a standalone entity supported by both its management team and continued equity from Hilco Global’s founding chairman, Jeffrey Hecktman. HRP manages many assets eight major U.S. metro markets. The firm primarily targets the redevelopment of obsolete industrial properties. HRP leverages a holistic approach focused on community engagement, environmental remediation, and long-term economic viability. Its vertically integrated model spans acquisition, entitlement, remediation, construction, leasing, and asset management.