The Village Board of Orland Park has chosen Chicago-based HSA Commercial Real Estate as its development consultant for the Main Street Triangle redevelopment project. The Village will work with HSA to design and construct a mixed-use, pedestrian-oriented development including upscale shopping, dining, and entertainment attractions that will create a dynamic, urban atmosphere. In its...
Michael Havdala, senior vice president with the Retail Services Division, was recognized as a 2011 Power Broker by the CoStar Group. The CoStar Power Brokers Awards are given annually to the most active dealmakers in a geographic market that demonstrate elite levels of real estate transaction volume. In 2011, Havdala completed...
Chicago-based HSA Commercial Real Estate was named one of Chicago’s Top Leasing Firms for the fourth consecutive year in the Power Broker Awards by the CoStar Group. The CoStar Power Brokers Awards are given annually to companies that demonstrate the highest levels of leasing transaction volume in a specific geographic market, recognizing the most active firms...
HSA Commercial profiles a broker at our firm each month as part of our HSA News & Views blog. In this edition, we talk with Michael Havdala, senior vice president with the Retail Services Division. Michael is a veteran retail broker with extensive experience in both tenant and landlord representation. HSA: Has the...
HSA Commercial Real Estate was recognized by Crain’s Chicago Business as one of the city’s largest commercial property managers, ranking 12th in the annual list of 25 commercial property management firms. HSA Commercial has a diversified portfolio of management assignments totaling 16 million square feet nationwide. Apart from its overall spot on the list...
In the February edition of Heartland Real Estate Business, HSA Commercial’s Tim Blum discusses what to expect in Chicago retail development and leasing in 2012. Tim is responsible for the development of The Mayfair Collection in Wauwatosa, Wisconsin, a 250,000-square-foot adaptive reuse project in suburban Milwaukee. As a result of the changes in consumer...
Each month, HSA Commercial profiles a broker at our firm as part of our HSA News & Views blog. In this edition, we talk with Dave Keady, senior vice president of the Retail Services Division. Dave is responsible for the product leasing with HSA’s retail developments, most notably for The Mayfair Collection in Wauwatosa,...
HSA Commercial’s corporate and division leadership was profiled in the October 2011 edition of the Illinois Real Estate Journal. The Journal’s Mark Thomton explores the company’s mission as a diversified, full-service real estate firm and how HSA’s leadership has maintained and built upon that strategy over a distinguished 30 year history. Sometimes it’s not...
Commercial mortgage lending specialists, Innovative Capital Advisors (ICA), has partnered with HSA Commercial Real Estate to launch “ICA Real Estate Equity Fund I”, a $50 million investment fund seeking acquisition opportunities throughout the Midwest. The fund, which recently closed, is being managed by Peter Mavrogenes, senior managing director and CEO with ICA, and Tim...
In a recent article published by Chain Store Age, Michael Havdala, senior vice president of retail brokerage, discusses the changing dynamic for discount retailers seeking rapid expansion. “The wave of chain store closures has more or less ended in 2011 — with a few notable exceptions. As the remaining vacancies are being absorbed, landlords...
