HSA COMMERCIAL REAL ESTATE REPRESENTS GOLDEN CORRAL RESTAURANT IN GROUND LEASE
June 22 , 2006
Michael Havdala, senior vice president, HSA Commercial Real Estate, recently represented Golden Corral Restaurant in a long-term ground lease of 2.34 acres at the Century Plaza shopping center in Merrillville, Ind. Golden Corral will build a new restaurant on the outlot due to open in July.
Century Plaza is located on 40 acres on the southeast corner of Lincoln Highway (U.S. 30) and Broadway in Merrillville. Owned by Triland Properties, the plaza is currently undergoing a large expansion.
Golden Corral is a national restaurant chain featuring an extensive buffet and flame grilled steaks. The Merrillville location will join open restaurants in Bolingbrook, Joliet and Schererville in the Chicago area.
Celebrating 25 years of excellence in commercial real estate, Chicago-based HSA Commercial Real Estate is a diversified national 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.
