Outside of the office, president, Brett Dedeaux serves as executive director of the Rod Dedeaux Foundation, whichsupports youth baseball and softball programs in underserved areas. The foundation helps more than 2,000 at-riskyouths every year through college scholarships for the MLB Urban Youth Academy in Compton and an equipmentwarehouse for Pitch in For Baseball. This is part of the firm’s commitment to the community and leadership, which isa pillar of Dedeaux’s internal philosophy.
DPSTUDIO ENVIRONMENTAL CONSULTING & DESIGN LLC
dpSTUDIO Environmental Consulting and Design, which specializes in providing Phase I Environmental Site
Assessments for industrial and manufacturing properties involved in a merger and acquisition, has a unique
approach to performing site assessments during due diligence. dpSTUDIO not only researches existing
reports but also state regulatory files, permits and correspondence related to the environmental condition of
the property. It also makes sure it understands unique lender requirements and it provides cost estimates for
contingent liabilities to provide the best valuation.
dpSTUDIO performs a wide range of tasks for its clients, from conducting regulatory database reviews to
conducting on-site field reconnaissance and historical reviews of property use. In addition, it embraces an
Environmental, Social and Governance philosophy, which includes programs that consider a company’s
energy use, waste, natural resource conservation, and even treatment of animals.
dpSTUDIO has been named a leader in M&A environmental due diligence industry by Finance Monthly
Magazine. In a recent survey conducted with 12 different clients, dpSTUDIO scored a 97 out of 100 in perfor-
mance evaluation. The high score ranks the firm among the top environmental engineering firms.
HSA COMMERCIAL REAL ESTATE
HSA Commercial Real Estate launched in 1981 todevelop industrial facilities in centralized emergingMidwestern submarkets near major logistics hubs inChicago, Nashville and Indianapolis. The firm wasamong the first in realizing the importance of the I-94logistics corridor between Chicago and Milwaukee,and completed the first project in the area a decadeago. Today, it is a top submarket for industrial development.
In 39 years, the company has developed 100 million square feet of industrial space valued at morethan $6 billion. HSA currently has a portfolio of 14million square feet in the Midwest with 3 millionsquare feet of spec industrial space under development.
It is also continuing to hit new milestones. In the last three years, HSA has expanded into Nashville, Indianapolis and southeastWisconsin. It has developed five properties totaling 630,000 square feet and added 1.5 million square feet to its portfolio in Oak Creekand Waukesha. In 2019, HSA developed its largest single industrial facility, a 757,880-square-foot warehouse in Shorewood, Illinois. Thefirm also acquired a 68-acre parcel in Bristol, Wisconsin, near I-94 and close to the Wisconsin-Illinois border, to build the Bristol HighlandsCommerce Center, which will total 1 million square feet. The first two buildings will deliver later this year, and Amazon and Uline areamong the potential users.
In 2020 and beyond, the firm plans to stick to this strategy, which has served it well, by targeting southeast Wisconsin, Chicago,
Indianapolis, Nashville and Kansas City. It is also considering opportunities in emerging markets like Denver and port cities in the
Outside of the office, HSA is active in the community. The firm is a long-time partner of Chicago Commons, which provides servicesand programming for children, families and seniors in low-income communities, and the company has been named a Corporate Partnerof the Year.
Newcastle Partners has been a leading developer in the wildly popular Inland Empire industrial market. Since 1999, the developer hasbuilt more than 50 projects totaling 15 million square feet and $1.1 billion in value. Flexibility is a key characteristic of this innovative firm.It develops a large variety of industrial facilities, from 10,000 to 600,000 square feet to address the wide rage of market demand, and it isable to execute a multitude of strategies, including land entitlement, new construction and asset repositioning to achieve the optimumrisk-adjusted returns for its institutional and private investors. Last year, Newcastle assembled 12 separate industrial parcels to developWaterman Industrial Center, a 550,000-square-foot distribution facility. The property leased above the pro forma and sold.