HSA Commercial and Clarion Partners Sign 375,000 SF Lease with DSC Logistics in Shorewood, IL

Heartland Corporate Center warehouse development at 21530 SW Frontage Road in Shorewood, IL, near the I-55 and I-80 interchange.

CHICAGO, IL  (Nov. 26, 2019) — HSA Commercial Real Estate, a Chicago-based full-service real estate firm, and New York-based Clarion Partners LLC today jointly announced the firms have signed a 375,000-square-foot lease with DSC Logistics at the Heartland Corporate Center warehouse development at 21530 SW Frontage Road in Shorewood, Ill., near the I-55 and I-80 interchange.

Robert Smietana

 Des Plaines, Ill.-based DSC Logistics has already taken occupancy of 250,000 square feet at the building to start processing inbound deliveries and, within the next six months, will expand to occupy half of the newly built distribution center once additional interior and site improvements are completed. 

The 757,880-square-foot Heartland Corporate Center building was developed by HSA Commercial Real Estate in partnership with Clarion Partners on a 46-acre land site.

 The distribution center features 36-foot clear heights, 108 truck docks and 240 parking spaces for employees and visitors. Exterior construction was completed earlier this year.

“We are excited to add another quality tenant to our Heartland Corporate Center as it contributes to the continued leasing momentum in the I-80 submarket,” said Michael Williams, vice president with Clarion Partners. “We are proud to expand our relationship with DSC Logistics and look forward to future opportunities.”

 Lynn Reich 

“Our partners are pleased to welcome DSC Logistics as the first tenant at our Heartland Corporate Center development,” said Robert Smietana, vice chairman and CEO with HSA Commercial Real Estate.

 “With our location at the I-55 and I-80 interchange and our state-of-the-art facility design, we are really optimistic about our leasing prospects for the other half of the building.”

Suzanne Serino

David Bercu and Matthew Stauber of Colliers represented ownership in the lease transaction, and Lynn Reich and Suzanne Serino of Colliers represented DSC Logistics.

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. 

David Bercu 

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.

About Clarion Partners:

Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 36 years. 

Headquartered in New York, the firm has offices in Boston, Dallas, London, Los Angeles and Washington, DC. 

Matthew Stauber

With more than $51 billion in total assets under management, Clarion Partners offers a broad range of both debt and equity real estate strategies across the risk/return spectrum to its more than 350 domestic and international institutional investors. 

CONTACTS: 

Rebecca Boykin, rboykin@taylorjohnson.com, (312) 267-4523

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

www.clarionpartners.com.