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Chicago & Midwest  + Midwest  + Industrial  |  June 11, 2021
Paul Bubny
By: Paul Bubny

HSA Signs Tenants at Spec Warehouses in Two States

Chicago-based HSA Commercial Real Estate executed a pair of industrial leases totaling nearly 144,000 square feet at its speculative warehouse developments in Plainfield, IN and Mount Pleasant, WI.

Sedgwick recently took occupancy of 68,486 square feet at Gateway V in the 55-acre Gateway Business Park, immediately southwest of Indianapolis International Airport. The 262,758-square-foot facility, which was developed by HSA Commercial in 2019, is now fully leased.

In the second transaction, Ryder Last Mile Inc. recently moved into its new 75,290-square-foot space at 1570 International Dr., one of three buildings developed by HSA Commercial in the 184-acre Park 94 business park in southeast Wisconsin. 

Colliers’ Ned Frank, Pat Hake and Steve Sewart represented ownership in the Ryder Last Mile lease, while CBRE’s Scott Furmanski and Karl Wiedenman  represented the tenant. For the Sedgwick lease, CBRE’s Terry Busch and Jared Scaringe represented ownership, and J.D. Graves of CBRE represented the tenant.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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