HSA PRIMECARE REPRESENTS OWNERSHIP IN TWO CHICAGO MOB LEASES

Firm brings Advocate campus facilities to near-full occupancy

March 3, 2010

Chicago-based HSA PrimeCare, a division of leading national commercial real estate firm HSA Commercial Real Estate, represented building ownership in securing two leases at medical office buildings in Tinley Park and Downers Grove, both in Chicago’s southwest suburbs.

18210 S. LaGrange Road, Advocate Medical Campus Southwest, Tinley Park, Ill.—Timothy M. Stanton, executive vice president, HSA PrimeCare, represented ownership in negotiations for the lease of 1,244 rentable square feet of medical office space to ACL Services, a medical laboratory services provider. The company is operated jointly by Aurora Health Care, Wisconsin's largest integrated health care delivery system, and Advocate Health Care, the largest integrated health care system in Chicago. Eileen Cibula Curry of Cibco Realty Corp. represented ACL Services in the transaction.

Tim Stanton is the exclusive leasing representative for 18210 S. LaGrange. HSA PrimeCare partnered with Advocate in 2003 to develop the 52,950-square-foot medical office building and to assist in planning the multi-phase medical services campus. The medical office building is now nearly fully occupied and pre-leasing has begun on an adjacent medical office building to be developed by HSA PrimeCare.

HSA Commercial Real Estate is a diversified national real estate firm active in the office, industrial, retail and medical office sectors. HSA Commercial develops and markets commercial and industrial properties across the US, along with providing commercial real estate leasing, management, marketing and financing services.

HSA Commercial has acquired and developed more than 40 million square feet of commercial real estate across the US, with a total value in excess of $2 billion. The firm has represented owners and tenants in more than 10,000 transactions in 43 states, currently manages a property portfolio of more than 15 million square feet, and owns more than 17 million square feet of commercial property in 14 states. Founded in 1981, the firm is based in Chicago. More information is at hsacommercial.com.