HSA Commercial Sells One Warehouse, Plans Another
As Taylor Johnson client HSA Commercial Real Estate pursues developments in other markets like Indianapolis and Nashville,
the firm is keeping busy close to home with the recent sale of a 218,500-square-foot warehouse in north suburban Waukegan, Ill. Located in the Delany Commerce Center, a multi-phase, 22.7-acre development east of the Tri-State Tollway, the building was 100 percent occupied at the time of sale, underscoring the strength of the local industrial market. Building on its success, HSA Commercial is currently exploring build-to-suit and speculative development opportunities for center’s second phase, which can accommodate up to a 220,000-square-foot industrial or flex facility. TJ secured coverage on the sale and planned second phase in numerous outlets, including Commercial Property Executive, REBusinessOnline, REJournals.com and Bisnow.