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HSA commercial real estate'S INDUSTRIAL BROKERAGE DIVISION COMPLETES THREE LEASES TOTALING 36,917 SF IN I-55 CORRIDOR
February 17, 2006

(Chicago – February 17, 2006) HSA Commercial Real Estate's industrial brokerage division has completed three leases totaling 36,917-square feet in the booming I-55 corridor, representing ownership in Bolingbrook and Woodridge, Ill.

  • Tim Thompson, executive vice president and managing director of industrial brokerage, represented Remington Blvd, LLC, an HSA-affiliated partnership, in renewing a 5,770-square foot lease with Charlene Products at 361 Remington Boulevard, Bolingbrook, a 47,087-square foot manufacturing facility along I-55 near the intersection with Bolingbrook Drive. Traci Buckingham with CB Richard Ellis represented Charlene Products, a manufacturer of products for use in the beauty industry.
  • Thompson and Paul Broderick, associate, represented Argonne Bridge , LLC, the owners and developers of Maple Point Business Park , in a new 12,029-square foot lease at 10300 Argonne Woods Drive, Woodridge, to Olive It & More USA. Olive It & More USA manufacturers a variety of stuffed and flavored olives and giardiniera for use in the restaurant and bar business, and operates a consumer web site, www.olivelovers.com, for sale to the general public. They were represented by Joshua Jandris of J.D. Partners.
  • Thompson also represented ownership of Crossings Business Center, a two-building, 352,700-square foot industrial joint venture by HSA and ML Realty Partners, in leasing 19,117-square feet to Lansing Building Products at 380 Internationale Drive, Bolingbrook. Lansing Building Products is a nationwide distributor of window, siding and gutters with more than 60 locations in 22 states. They were represented by Mike Piscoran of Grubb & Ellis.

Celebrating 25 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 11 states.

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