 |
| Robert Smietana |
CHICAGO, IL — HSA
Commercial Real Estate announced the firm has signed a 98,251-square-foot,
long-term lease with Eagle Foods at Delany Commerce Center in Waukegan, Ill.
Eagle Foods – a
manufacturer and distributor of household food products such as G.H. Cretors
and other specialty popcorn brands, as well as sweetened condensed and
evaporated milk – will take occupancy of its premises in December after an
interior build-out is completed.
The 218,500-square-foot
building at 2431 Delany Road, which is now fully leased, is the first
distribution facility at Delany Commerce Center, developed by Chicago-based HSA
Commercial Real Estate in partnership with Washington Capital Management, Inc.
Delany Commerce Center also includes a 12-acre lot available for larger,
build-to-suit requirements or future speculative development.
“Given the lack of supply
of Class-A industrial space in Lake County, we are interested in exploring
future development opportunities for the 12-acre land site at Delany Commerce
Center,” said Robert Smietana, vice
chairman and CEO of HSA Commercial Real Estate.
“As more prestigious
brands like Eagle Foods continue to move into the area and experience the
benefits of the location and its convenient accessibility to Interstate 94 and
Highway 41, we believe that will only encourage further development.”
Tim Thompson,
executive vice president and managing director of the Industrial Services
Division of HSA Commercial Real Estate, represented ownership in the lease
transaction. Ed Lowenbaum of
Lowenbaum REP represented the tenant.
For more information on this press release, please
contact:
Rebecca Boykin, rboykin@taylorjohnson.com (312)
267-4523
Abe Tekippe, atekippe@taylorjohnson.com, (312)
267-4528
.
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