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HSA COMMERCIAL REAL ESTATE'S WAYNE SHULMAN REPRESENTS 4 TENANTS IN OFFICE LEASES TOTALING OVER 50,000 SF
February 26, 2007

(Chicago – February 26, 2007) Wayne Shulman, senior vice president in HSA Commercial Real Estate's corporate real estate services division, has recently represented four tenants in signing office leases throughout the Chicagoland area. The transactions total over 50,000 square feet of office space ranging from 2,430 square feet to 23,828 square feet.

  • The Chicago Board Options Exchange renewed their 23,828-square-foot lease of the full 23 rd floor at 111 W. Jackson Street, Chicago, Ill. Shulman also represented the CBOE 6 years ago when they originally leased this space. Richard Tan, Jones Lang LaSalle, represented building ownership.
  • Shulman negotiated the renewal of 16,565 square feet of space for HealthSystems of Illinois at 2050 Finley Road, Lombard, Ill., by converting a sublease he originally negotiated for the tenant into a permanent lease with the landlord. HealthSystems of Illinois is a Medicaid quality improvement organization that works with the State of Illinois Department of Healthcare and Family Services. Mark Georgas of CB Richard Ellis represented building ownership.
  • Shulman represented J.P. Morgan in a 7,182-square-foot lease for space at Main Street Promenade, 55 S. Main Street, Naperville, Ill. J.P. Morgan will use this office for an expansion of their private client banking services. Dwight Yackley of BBM Inc., the developer of the property, represented the building in these negotiations.
  • In the fourth lease, Shulman represented the Illinois Institute for Continuing Legal Education in an expansion of their space at 20 N. Wacker Drive, Chicago, Ill., to 2,430 square feet. IICLE is an independent, self-supporting corporation whose sole purpose since 1961 has been to provide the highest quality career-long practice guidance and tools to Illinois lawyers and judges. Elle Ryan of Equity Office represented building ownership.

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 30 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 12 states and the firm presently owns nearly 17 million square feet of commercial property in 14 states.

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