HSA’s Development Division includes development, finance and acquisition professionals, as well as a specialized due diligence executive. In the last 25 years, we have developed more than 1,800 acres of office, retail and industrial projects and in the last 15 years, have undertaken projects valued in excess of $2 billion.
HSA has recently been responsible for the development of Park 94, a 200 acre mixed-use business park in Mt. Pleasant, Wis., 556,000 square foot Ashland Marketplace an industrial facility in Chicago, Ill., the redevelopment of Orland Park Place, a 700,000 square foot retail property in Orland Park, Ill., the three-building, 800,000 square foot Aurora Distribution Center in Aurora, Ill., the two-building 500,000 square foot Baton Rouge West Distribution Center in Port Allen, Louisiana, as well as several medical office buildings in the Chicago suburbs.
HSA's real estate development services include:
Project and site analysis
Financing
Design
Engineering
Construction
Marketing
Property and asset management
Build-to-suit
Over the years, our development clients have included:
Landis & Gyr Powers Inc.
Motorola
First of America Bank
Sears Logistics Services Inc.
ITW
Jefferson Smurfit
Mary Kay Cosmetics
Target
Kmart
Sports Authority
Hitachi
General Nutrition Corporation
Dominick’s Finer Foods
Harlem Furniture
Home Depot
Effective project management is essential for a successful development. We have the ability to bring together an effective team of design, engineering, construction and legal professionals that then work closely with our marketing team, financial institutions and government agencies.
Recent developments include:
Park 355, a 637,000 square foot industrial park along the I-355 extension in Woodridge, Ill.
Hazelwood Distribution, a 213,990-square foot industrial distribution facility in Hazelwood, MO.
Orland Park Place, a 420,000-square foot retail redevelopment project in Orland Park, Ill.
To learn more contact Craig Phillips, Executive Vice President, Development Division
at (312) 683-7252 or cphillips@hsacommercial.com
Experience
Phillips has over 20 years of experience in project developments, most recently as a partner and regional vice president at Seefried Properties, Inc., where he delivered over 1,000,000 square feet of industrial space with a market value in excess of $100 million. As a respected member of the development community, Phillips has had articles published in several magazines was awarded the Village of Bensenville's Businessman of Year Award in 2007, was named the 2006 NAIOP finalist for his firm's redevelopment of the 253,000 square foot Eagle Global Logistics build-to-suit property in Elk Grove Village, Ill., and was awarded the 2007 Village of Wilmette Historic Preservation Award for new residential construction.
Affiliations
Phillips has earned his LEED AP designation, is a member of The Society of Industrial and Office Realtors, the Association of Industrial Real Estate Brokers (AIRE) and NAIOP.
Education
Anderson Graduate School of Business, UCLA,
MBA, Business Administration
Northwestern University, BS, Industrial Engineering
Craig J. Phillips responsibilities are extensive, including creating new development opportunities for the firm and managing the development, leasing and entitlement processes to finalize a successful project.
John Mangel III Vice President of Development and Acquisitions for HSA Commercial Real Estate
Experience
Mangel brings substantial business development and planning experience to HSA having served as the director of business development and strategy planning for Walt Disney Attractions at Walt Disney World. While at Disney World, he contributed to the development of 2,100 guest rooms; 140,000 square feet of retail and dining venues; and directed the business plan for the development of a $1 billion domestic theme park resort.
Prior to joining HSA, Mangel was a managing partner and founder of A.C.E. Capital Group, LLC, a real estate development and advisory services company. Mangel has also worked at Jones Lang LaSalle.
Affiliations
Mangel is a licensed real estate professional in the State of Illinois, on the board of the Long Grove Confectionery Company, Best Buddies and the President's Leadership Council of the Field Museum.
Education
Northwestern University, MBA, Finance Management Policy and Marketing
Georgetown University, BS, Business Administration
John Mangel works directly with HSA’s senior management, identifying potential development projects and researching possible property acquisitions for the firm’s growing portfolio.
Mark H. TeGrootenhuis, CCIM
Senior Vice President with the Development Division of HSA Commercial Real Estate
Experience
Over the past eleven years, TeGrootenhuis has managed the completion of several development projects, including Crossings Business Center, a 353,000-square-foot warehouse and distribution center in Bolingbrook, Illinois; Park 94, a 450,000-square-foot warehouse and distribution center in Mt. Pleasant, Wisconsin; O’Hare East Business Center, a 325,000-square-foot warehouse and distribution facility in Franklin Park, Illinois; two 82,000-square-foot industrial buildings in Woodridge, Illinois, and the redevelopment of Orland Park Place Mall in Orland Park, Illinois.
A 27-year veteran of the real estate construction industry, TeGrootenhuis has experience with a multitude of commercial, industrial and medical building projects. He served as project manager for numerous building projects, including the University of Illinois Medical Center and program management of more than 40 schools for the Public Building Commission of Chicago.
Affiliations
TeGrootenhuis is a licensed real estate professional in the State of Illinois, and holds the CCIM Designation.
Education
DePaul University, MBA, Information Systems
Iowa State University, BS
Mark H. TeGrootenhuis' responsibilities include involvement in development consulting assignments and the coordination of industrial, retail and office development projects
