HSA COMMERCIAL REAL ESTATE RENEWS TWO LEASES OF 216,325 SF WITH SEARS LOGISTICS IN COLUMBUS, OHIO
January 19, 2007
(January 19, 2007) Daniel F. Miranda, president, HSA Commercial Real Estate, announced that the firm has renewed two leases totaling 216,325 square feet with Sears Logistics in HSA-owned properties in Columbus, Ohio.
Sears Logistics renewed its 96,325-square foot lease at 1615 Georgesville Road and its 120,000-square foot lease at neighboring 1727 Georgesville Road. Sears leases both properties for use as distribution centers. Sears was represented by Ken Isenberger, Continental Realty/Cushman & Wakefield, in the lease at 1615 Georgesville, and HSA was represented by Miranda, along with Kenneth Verne, HSA's general manager for the building, in negotiations on behalf of ownership and for Sears at 1727 Georgesville.
1615 Georgesville and 1727 Georgesville are part of an 11-building industrial portfolio of 2.5 million square feet purchased by HSA in Ohio and Kentucky in 2005. Sears has been a long-term tenant in the properties.
Celebrating 26 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 33 million square feet of commercial real estate across the United States with total consideration in excess of $1.5 billion, its brokerage divisions have completed more than 7,000 transactions in 43 states representing both owners and tenants, while the asset management division currently manages a property portfolio in excess of 15 million square feet in 11 states.
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