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john mangel iii joins hsa commercial real estate as vice president of development/acquisitions
June 24, 2005

(Chicago – June 24, 2005) Robert Smietana, CEO and Vice Chairman, HSA Commercial Real Estate, announced that the firm has hired John Mangel III as a Vice President of Development/Acquisitions. Mangel will be located at HSA's corporate headquarters in downtown Chicago and work directly with the firm's senior management in identifying potential development projects and researching possible property acquisitions for the firm's growing national portfolio.

“We are excited to be bringing John on board HSA,” said Smietana. “He brings a tremendous amount of depth to our already successful development and acquisition team and we look forward to John's expertise as we continue to build upon our past successes.”

Mangel, 37, is a graduate of Georgetown University and holds a Masters in Management from the Kellogg Graduate School of Management at Northwestern University. Most recently he owned his own business, A.C.E. Capital Group, LLC, which offered real estate development and advisory services to such clients as Fountain Square Development LLC, the National Sports Hall of Fame, Wintrust and Lettermore Group LLC.

Mangel brings substantial business development and planning experience to HSA having served as the Director of Business Development and Strategy Planning for Walt Disney Attractions at Walt Disney World in Orlando, Florida. While at Disney he was responsible for the development of over 2,100 resort guest rooms, 140,000 square feet of retail and dining venues and directed the business plan for the development of a $1 billion domestic theme park resort. He began his real estate career at Jones Lang LaSalle.

Celebrating more than 24 years of excellence in commercial real estate, Chicago-based HSA Commercial Real Estate is a full-service real estate firm specializing in office, industrial, retail and health care real estate leasing, management, marketing, development and financing on a national basis. The firm and its principals have developed and acquired more than 30 million square feet of commercial real estate with total consideration in excess of $1.5 billion, its brokerage divisions have completed more than 6,500 transactions in over 30 states representing both owners and tenants, while the asset management division currently manages a property portfolio in excess of 18 million square feet.

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