August 30, 2007
(Chicago – August 29, 2007) Jack Shaffer, chairman, and Robert E. Smietana, CEO and vice chairman, HSA Commercial Real Estate, announced that Kevin G. Augustyn has joined the firm as senior vice president of retail development. Augustyn will be located in HSA’s corporate headquarters in downtown Chicago and is charged with identifying potential retail and mixed-use development projects that HSA, one of the area’s most prolific development firms, can pursue.
Augustyn, 49, is a senior real estate executive with an extensive background in strategic planning, development, asset management and acquisitions of innovative retail and mixed-use projects. A 20-year veteran of the commercial real estate industry, Augustyn has been responsible for mixed-use and retail development projects for several Chicago-based development firms, including Trammell Crow Company, Opus North Corporation and MCL Companies.
Augustyn is a graduate of the University of Illinois with a degree in Urban and Regional Planning, and received a Master of Management Degree from the prestigious J.L. Kellogg Graduate School of Management at Northwestern University. He is a member of the Urban Land Institute, the ICSC, the Chicago Realty Club, Lambda Alpha and received his CRE designation from the Counselor’s of Real Estate organization.
HSA has a long history of successful retail development, and is actively looking for more opportunities
HSA has developed commercial real estate since the firm’s founding by Jack Shaffer in 1981. The firm and its principals have developed and acquired more than 30 million square feet of commercial real estate across the United States with a total consideration in excess of $1.5 billion. In the past decade HSA has developed numerous retail projects including the redevelopment of Orland Park Place, a 725,000-square-foot retail destination center, development of Broadview Village Square, a 750,000-square foot power center, the development of the 155,000-square-foot Broadway at Surf retail mall in Chicago’s Lakeview neighborhood, and the 125,000-square-foot development of the South Loop Marketplace on the site of a former abandoned railroad yard on Chicago’s near south side.
“We are very excited to be bringing Kevin on board HSA,” said Bob Smietana. “He brings a tremendous amount of depth to our organization and will be a nice fit with our already successful development and acquisition teams.”
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. Along with developing all kinds of commercial real estate across the United States, its brokerage divisions have completed more than 7,000 transactions in 43 states representing both owners and tenants, 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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