April 13, 2007
(Chicago – April 13, 2007) HSA Commercial Real Estate’s David Keady, senior vice president, retail brokerage division, has represented Potbelly Sandwich Works in negotiations for four new locations in the Chicago metropolitan area. Potbelly will open new restaurants at the following locations:
• Presidential Towers, 545 W. Madison Street, Chicago, Ill. Keady negotiated a 2,612-square-foot lease for a new location that opened on the ground floor of this residential apartment building. Robin Peck, NAI Hiffman, represented The Habitat Company, owners of Presidential Towers.
• 225 W. Randolph Street, Chicago, Ill. Potbelly has opened a new 2,000-square-foot restaurant in the SBC-Ameritech Building, which is owned by SBC Communications. This location will replace Potbelly’s current venue at 155 N. Wacker Drive, which is being demolished to make way for a new skyscraper. Megan Covert of Stone Real Estate represented building ownership.
• 552 Roosevelt Road, Glen Ellyn, Ill. Potbelly leased 2,680 square feet of space in downtown Glen Ellyn. Keady worked directly with the building’s ownership, a private individual.
• 110 W. North Avenue, Northlake, Ill. A new 2,204-square-foot restaurant will open at the corner of North and Hillside Avenues just east of Interstates I-290 and 294 in Northlake. Keady worked with John Schoditsch of Bradford Real Estate in negotiating the lease with building ownership, Bradford Equities, LLC.
Potbelly Sandwich Works is one of the nation’s fastest growing casual restaurants. Headquartered in downtown Chicago, Potbelly has locations in Illinois, Indiana, Wisconsin, Minnesota, Texas, Michigan, Ohio, Virginia, Maryland and the District of Columbia. Keady serves as one of the exclusive leasing agents for Potbelly in the Chicago area.
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 over 17 million square feet of commercial property in 14 states.
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