HSA Commercial has developed more than 1,800 acres of office, retail and industrial projects since 1986. Our Development Division has undertaken over 100 million square feet of projects valued in excess of $6 billion.
Our staff includes professionals with expertise in developments, construction finance, acquisitions, and due diligence. This team, in concert with HSA’s Consulting and Asset Management divisions, is able to provide clients with comprehensive real estate development services encompassing project and site analysis, financing arrangements, approval assistance, design, engineering, construction, marketing, and property asset management.
The Development Division works with both unimproved and improved sites, and we have considerable experience in the redevelopment of existing structures, including land and facilities requiring significant environmental remediation. As an acknowledged expert in LEED design, HSA developed one of the largest LEED certified industrial buildings in Wisconsin at Park 94.
Our willingness to be flexible on the financial side of real estate development enables HSA to seriously consider opportunities involving creative structuring scenarios. As a closely held firm, HSA is able to make decisions rapidly. Our projects consistently perform above expectations, and we enjoy long-term relationships with our tenants, financial partners and the communities in which we work.
Since 2001, HSA has developed over 100 million square feet of industrial facilities, retail properties and medical office buildings. Among recent industrial projects are: Commerce Farms V, a 650,000 square foot distribution center in Nashville, Tennessee; Gateway Business Park, a 40-acre industrial development in Indianapolis, Indiana; Park 94, a 200 acre mixed-use development in Mt. Pleasant, Wisconsin; Baton Rouge West Distribution Center, a 500,000 square foot facility in Baton Rouge, Louisiana; Park 355, a 637,000 square foot distribution center in Woodridge, Illinois and Park 370, a 213,990 square foot facility in Hazelwood, Missouri.
The firm has also become a major player in developing medical office buildings as health care organizations began assessing the capital burdens of developing facilities themselves. HSA developed the Silver Cross Health Center and Professional Building in New Lenox, Illinois and was again selected by Silver Cross Hospital to develop the University of Chicago Cancer Center at Silver Cross, a 22,500-square-foot outpatient cancer facility. HSA PrimeCare was selected by Froedtert and the Medical College of Wisconsin to develop the Drexel Town Square Health Center, a 109,000 square foot multi-specialty medical center, which recently opened to the public. Other notable healthcare development projects include: Franciscan St. Anthony Health Cancer Center, a 19,593 square foot cancer treatment center on the hospital’s outpatient campus in Michigan City, Indiana; the 15,200 square foot Hawthorn Surgery Center in Vernon Hills, Illinois; and Loyola’s Gottlieb Center for Immediate Care in River Forest, Illinois.
In the past ten years, the firm has developed numerous other noteworthy projects including: The Mayfair Collection, a 69-acre mixed-use development in Wauwatosa, Wisconsin anchored by Whole Foods Market and Nordstrom Rack; Calhoun Crossing, a 110,000 square foot shopping center redevelopment anchored by Fresh Thyme Farmer’s Market and Total Wine & More in Brookfield, Wisconsin; the Delany Commerce Center industrial development in Waukegan, Illinois; and Northview Business Center; a 214,533 square foot distribution center in Waukesha, Wisconsin.
The experience, resources and management skills of our Development Division have been recognized over the years with many real estate industry awards and accolades including:
- The Chicago Sun-Times’ Suburban Developer of the Year
- The National Association of Industrial Properties’ (NAIOP) Industrial Development of the Year honors for Turnberry Lakes International Business Center and Ashland Marketplace
- Retail Development of the Year honors for:
- The Mayfair Collection
- South Loop Marketplace
- Broadway at Surf
- Deal of the Year honors for Park 94