Hunt Midwest Real Estate Development announced today that it had formed a strategic partnership with Chicago-based HSA Commercial Real Estate to bring new industrial tenants to Hunt Midwest Business Center’s newly expanded 126-acre surface business park.
Ora Reynolds, president and CEO of Hunt Midwest, said her team had found in HSA “the most experienced and reputable industrial real estate partner to market Hunt Midwest Business Center to tenants nationwide.”
Among the first items on the new partnership’s agenda will be a 200,000-square-foot speculative industrial building, which could accommodate a single tenant or upo to four at 50,000 square feet. It will have 32-foot ceiling clearance, plus dock-high and drive-in loading for tenants who might be suppliers to the nearby Ford Motor Co. assembly plant in Claycomo. Other potential tenants could hail from ecommerce, fulfillment and logistic companies seeking central locations in the U.S.
In a news release announcing the partnership, Hunt touted HSA’s experience in managing more than 10 million square feet of industrial space nationwide, as well as in recruiting industrial users to multitenant facilities. Hunt Midwest has developed 640 acres in Hunt Midwest Business Center and manages over 6 million square feet of industrial space.