HSA Commercial Real Estate, a Chicago-based full-service real estate firm, today announced it has executed a 279,199-square-foot lease with XPO Logistics Supply Chain Inc. (NYSE: XPO) at the newly developed Commerce Farms V industrial building in Lebanon, Tenn., a suburb of Nashville. The 651,380-square-foot distribution center was built on a speculative basis by HSA Commercial Real Estate and is now fully leased just four months after completion. XPO Logistics is scheduled to take occupancy in May 2018 after a limited interior build-out is finished.

“Nashville is one of the most vibrant growth cities in America right now,” said Robert Smietana, vice chairman and CEO of HSA Commercial Real Estate. “Since our Commerce Farms project is now fully leased, we are eager to find the next great industrial development opportunity in the Nashville market.”

Located on 41 acres at the junction of State Route 840 and Highway 109, Commerce Farms V was constructed on the last available development site at the highly successful Commerce Farms Business Center. The remaining 372,181 square feet at Commerce Farms V is occupied by GEODIS Logistics LLC for use as a regional distribution center. HSA Commercial Real Estate developed the building in partnership with Washington Capital Management Inc., on behalf of its client.

Randy Wolcott, Chad Tuck and Joe DeLemos of NorthStar Real Estate Advisors represented ownership in the lease with XPO Logistics, while Sue Earnest from Avison Young and Dave Saltzman of Lee & Associates represented the tenant.

XPO Logistics is one of the top global logistics and transportation service providers with 1,444 locations and 91,000 employees around the world. The firm leverages its expertise in information technology to provide world-class supply chain solutions, handling an average of 160,000 shipments per day for its clients.

About HSA Commercial Real Estate:
Founded in 1981, Chicago-based HSA Commercial Real Estate is a diversified, full-service real estate firm specializing in office, industrial, retail and health care real estate leasing, management, marketing, development and financing on a national basis. Along with developing and acquiring more than 100 million square feet of commercial real estate across the United States, with a total consideration in excess of $6 billion, HSA Commercial Real Estate has represented owners and tenants in more than 10,000 transactions in 43 states; manages a property portfolio in excess of 14 million square feet in locations across the nation; and owns more than 10 million square feet of commercial property throughout the country.

Chicago-based HSA Commercial Real Estate has executed a 279,199-square-foot lease with XPO Logistics Supply Chain Inc. at the newly developed Commerce Farms V industrial building in Lebanon, Tenn. The project is now fully leased just four months after completion.