HSA’s Development Division includes development, finance and acquisition professionals, as well as a specialized due diligence executive. In the last 30 years, we have developed more than 1,800 acres of real estate projects and in the last 15 years, have undertaken projects valued in excess of $2 billion.
HSA has recently been responsible for the development of Park 94, a 200 acre mixed-use business park in Mt. Pleasant, Wis., Park 355, a 637,000-square-foot industrial park along the I-355 extension in Woodridge, Ill., a 556,000 square foot Ashland Marketplace an industrial facility in Chicago, Ill., the redevelopment of Orland Park Place, a 700,000 square foot retail property in Orland Park, Ill., the three-building, 800,000 square foot Aurora Distribution Center in Aurora, Ill., the two-building 500,000 square foot Baton Rouge West Distribution Center in Port Allen, Louisiana, as well as several medical office buildings in the Chicago suburbs.
HSA's real estate development services include:
Project and site analysis
Property and asset management
Over the years, our development clients have included:
Landis & Gyr Powers Inc.
First of America Bank
Sears Logistics Services Inc.
Mary Kay Cosmetics
General Nutrition Corporation
Dominick’s Finer Foods
Effective project management is essential for a successful development. We have the ability to bring together an effective team of design, engineering, construction and legal professionals that then work closely with our marketing team, financial institutions and government agencies.
Recent developments include:
The Mayfair Collection, a 62-acre mixed-use retail, restaurant, and residential development in Wauwatosa, Wis.
Park 355, a 637,000-square-foot industrial park along the I-355 extension in Woodridge, Ill.
Gateway Business Park, an industrial park near the Indianapolis International Airport
Delany Commerce Center, a 218,500-square-foot industrial distribution facility in Waukegan, Ill.
Hazelwood Distribution, a 213,990-square-foot industrial distribution facility in Hazelwood, MO.
Orland Park Place, a 420,000-square-foot retail redevelopment project in Orland Park, Ill.
John Mangel III Vice President of Development and Acquisitions for HSA Commercial Real Estate
Mangel brings substantial business development and planning experience to HSA having served as the director of business development and strategy planning for Walt Disney Attractions at Walt Disney World. While at Disney World, he contributed to the development of 2,100 guest rooms; 140,000 square feet of retail and dining venues; and directed the business plan for the development of a $1 billion domestic theme park resort.
Prior to joining HSA, Mangel was a managing partner and founder of A.C.E. Capital Group, LLC, a real estate development and advisory services company. Mangel has also worked at Jones Lang LaSalle.
Mangel is a licensed real estate professional in the State of Illinois, on the board of the Long Grove Confectionery Company, Best Buddies and the President's Leadership Council of the Field Museum.
Northwestern University, MBA, Finance Management Policy and Marketing
Georgetown University, BS, Business Administration
Mark H. TeGrootenhuis is an Executive Vice President with the Development Division of HSA Commercial Real Estate. His development responsibilities include asset valuations, pre-development underwriting, securing required entitlements and managing the construction process.
Since joining HSA PrimeCare in 1998, Mr. TeGrootenhuis has managed several PrimeCare developments including the 15,000-square-foot Hawthorn Surgery Center, the 12,000-square-foot Franciscan Physician Network - Lowell Health Center, the 30,000-square-foot business center for Silver Cross Hospital, the 53,000-square-foot Silver Cross Medical Office Building, the 9,800-square-foot Loyola Gottlieb Memorial Hospital Outpatient Clinic, the 22,500-square-foot University of Chicago Cancer Center at Silver Cross Hospital, and the 19,593-square-foot cancer center for Franciscan St. Anthony Health Center. Both cancer centers will feature a state-of-the-art radiation oncology treatment center including a linear accelerator and PET/CT imaging.
Mr. TeGrootenhuis is a 32 year veteran of the real estate construction industry with experience on a multitude of commercial, retail, industrial, and medical office building construction projects for Turner Construction Company. He has served as Project Manager for numerous developments in the Greater Chicago Metropolitan Area including the United Airlines terminal at O'Hare International Airport and the University of Illinois Medical Center Outpatient Care Center. In 1999, the 245,000-square-foot Outpatient Care Center opened as a state-of-the-art facility with a fully-computerized medical record system
In the last year, Mr. TeGrootenhuis has completed health care related real estate developments that exceed twenty-one million dollars in hard cost construction dollars.
TeGrootenhuis is a licensed real estate professional in the State of Illinois, and holds the CCIM Designation.
DePaul University, MBA, Information Systems
Iowa State University, BS