HSA Commercial Real Estate to buy Brookfield shopping center

Special to The Freeman

May 15, 2013

BROOKFIELD – HSA Commercial Real Estate and its affiliates are looking to purchase a shopping center at the corner of Calhoun Road and Bluemound Road in Brookfield.

Tim Blum, executive vice president and managing director of retail division of HSA, confirmed that the company has a contract to purchase Plaza 173 at 17300 W. Bluemound Road. He said they expect to close later this month, but declined to provide more details until after the purchase is finalized.

The strip mall contains Dunham’s Sports, Famous Footwear and Men’s Wearhouse. There is also a freestanding Kesslers Diamonds on the property. Vacant storefronts in the shopping center have also housed Halloween Express during previous fall seasons.

The Illinois-based HSA Commercial Real Estate is also building The Mayfair Collection, a large-scale, mixed-use development at Highway 45 and Burleigh Street in Wauwatosa.