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MidwestCRE

HSA Commercial represents Blue Vista Capital Management in sale of retail/warehouse property

Staff Writer April 5, 2017
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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 to MSR Carol Stream LLC of Tinley Park. The building sold on Feb. 28 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 décor. Wheaton-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. 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.

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