HSA Commercial Real Estate SIGNS REPRESENTS POTBELLY SANDWICH WORKS IN NEGOTIATING TWO LEASES
August 22, 2007
(Chicago – August 22, 2007) HSA Commercial Real Estate’s David Keady, senior vice president, retail brokerage division, represented Potbelly Sandwich Works in negotiations for two new locations in the suburban Chicago metropolitan area. Potbelly will open new restaurants at the following locations:
• 812 Skokie Boulevard, Northbrook, Ill. - Keady negotiated directly with the owner of 812 Skokie Boulevard, Northbrook, Ill. (812 Building, LLC) in crafting a 2,346-square-
foot lease for a new restaurant which will open in November, 2007. 812 Skokie Boulevard is a 4,200-square-foot two-tenant building, with Starbucks already in place. It is just west of I-94 off Dundee Road.
• Algonquin Galleria, Algonquin, Ill. – Potbelly will open a new 2,470-square foot restaurant in this new development this Fall. Located along Randall Road in Algonquin, the Algonquin Galleria Center is currently under construction and and final plans call for 1,000,000 square feet of space, with potential for 150 stores and restaurants. It is currently anchored by Best Buy and Brunwsick Zone. Keady negotiated with Mike Phillips of Mid-America Development Partners which represented ownership.
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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