Friday, November 30, 2012

HSA Commercial Represents Specialty’s Café & Bakery in a Retail Lease at the Inland Steel Building in Chicago, IL

Inland Steel Building, Chicago, IL
 CHICAGO, IL — Michael Havdala, senior vice president, and Brenton Schrader, associate, with the retail brokerage division of HSA Commercial Real Estate represented Specialty’s Café & Bakery in a 6,256-square-foot lease for the entire retail space on the ground level of the Inland Steel Building at 77 South Dearborn Street, Chicago.

 San Francisco-based Specialty’s, which has existing downtown Chicago locations at 525 West Monroe Street and 191 North Wacker Drive, is projected to open the Inland Steel location in March 2013.

Michael Havdala
 Specialty’s Café & Bakery, which currently has 48 operating restaurants primarily in California and Washington, will utilize the location as a central catering hub for its Chicago Loop clientele.

Brenton Schrader
The new location will also serve baked goods, salads, soups, sandwiches, and will feature a Peet’s Coffee & Tea kiosk. Specialty’s is working exclusively with HSA Commercial to open approximately 15 restaurants in the Chicago area, including at least three more locations in the Loop.

 John Vance, vice president with Stone Real Estate, represented ownership, New York-based Capital Properties, in the lease transaction. SKB Architects is responsible for the design of the project, and Turner Construction will serve as the general contractor.


Mark Thomton,

Kim Manning,

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