FIRST TENANT SIGNED AT HSA COMMERCIAL REAL ESTATE'S AURORA DISTRIBUTION CENTER 2 DEVELOPMENT
October 11 , 2006
Jack Shaffer, chairman, HSA Commercial Real Estate, announced that Webb/Mason has signed a lease for 26,490 square feet in HSA's recently completed Aurora Distribution Center 2 located at Church and Bilter Roads in Aurora, Ill. They will become the first tenant in this 2-building, 420,000-square foot speculative industrial development.
Webb/Mason signed a 7-year lease at 1207 Bilter Road, a 125,000-square foot building on 7.79 acres and will take occupancy on October 1, 2006. Webb/Mason is the 8 th largest print management company in the U.S. and is headquartered in Baltimore , Md. The space will be used as a distribution center and is near Webb/Mason's sales office at 100 Overland Drive in Aurora.
Carter Andrus and Charles Canale of Collier Bennett & Kahnweiler represented HSA in the transaction and are the exclusive leasing agents for the property. Mitch Rothstein of Transwestern Commercial Services represented Webb/Mason.
Aurora Distribution Center 2 was launched last year and was just recently completed. It is sited directly next door to HSA's first warehouse/distribution facility constructed in 2002, the 382,430-square foot Aurora Distribution Center 1. That building is fully leased to Menlo Logistics.
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.
