Friday, March 8, 2013

HSA Commercial Represents Blue Vista Capital Management in the Sale of a Retail / Warehouse Property in Carol Stream, IL



320 Army Trail Road, Carol Stream, IL
                        CHICAGO, IL—HSA Commercial represented Blue Vista Capital Management, LLC in the sale of a 97,595-square-foot, fully-leased retail and warehouse property in Carol Stream, Ill. to MSR Carol Stream LLC of Tinley Park, Ill. The building sold on February 28th, 2013 for an undisclosed amount.

 The retail portion of the property, located at 320 Army Trail Road, is anchored by American Sale, an eight-unit regional chain that specializes in the sale of patio furniture, hot tubs, above-ground swimming pools, grills, billiard tables, wooden play sets and holiday d├ęcor.

Wheaton, Ill.-based Crossway, a national publisher and distributor of evangelical Christian books, leases 46,635 square feet in the building for use as a regional distribution center. The balance of the retail space is leased to Back to Bed and Executive Tan.

 HSA Commercial’s Tim Thompson, Michael Havdala, Paul Broderick, and Brenton Schrader represented Blue Vista Capital Management in the listing and sale.

Timothy Thompson
Joe Herron, senior vice president with Lee & Associates, and Kevin McLoughlin, principal / vice president with Mid-America Real Estate, represented MSR Carol Stream LLC in the transaction.

 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 50 million square feet of commercial real estate across the United States, with a total consideration in excess of $2.5 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 16 million square feet in locations across the nation; and owns more than 16 million square feet of commercial property in 14 states.

Contact:

Mark Thomton,
312-267-4523

Kim Manning,
312-267-4527