HSA COMMERCIAL REAL ESTATE NEGOTIATES THREE RETAIL LEASES FOR CHICAGO HOME FITNESS STORES
April 17, 2007
(Chicago – April 17, 2007) David Keady, senior vice president, HSA Commercial Real Estate’s retail brokerage division, represented Chicago Home Fitness in negotiating leases for three new retail locations for the Chicago-based fitness retailer.
• Keady negotiated a 4,157-square-foot lease at Poplar Creek Crossing in Hoffman Estates, Ill., where Chicago Home Fitness has opened a new location. Owned by VHE Realty, LLC, the center is located at the southwest corner of Route 59 and 72 in Hoffman Estates. Margaret Arthur of Mid-America Asset Management represented ownership.
• A new 4,008-square-foot store will open at the Shoppes at Schererville on Indianapolis Boulevard in Schererville, Ind. Owned by Maly Commercial Realty, they were represented by Matt Smetana of Edgemark Commercial Real Estate Services.
• Chicago Home Fitness signed a third lease for a new 2,636-square-foot store at Aurora Plaza, Aurora, Ill. Keady negotiated directly with Lori Kapaldo of National Shopping Plazas, Inc., the owners of this retail center. It is located on Farnsworth Avenue north of I-88.
Chicago Home Fitness is a growing home exercise equipment store with 26 locations in the Chicago metropolitan area. Keady is their exclusive tenant representation agent in this market.
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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