News
Clear Height Properties Leases 175,538 SF in Q3 2022, a 127% increase year over year
Clear Height Properties has completed 31 new and renewal leases totaling 175,538 SF in the third quarter of 2022 and has completed 85 leases totaling 425,000 SF year to date. “We are continuing to see strong new and renewal activity across the portfolio and have not needed to veer from our original business plans,” said…
Read MoreClear Height Properties Acquires 34,700 SF Industrial Building in Addison IL
Clear Height Properties has purchased a 34,700 square-foot industrial building located at 1404 W. Fullerton Avenue in Addison, Illinois. 1404 W. Fullerton is centrally located in DuPage County with quick access to I-355 between I-290 and Route 83. The property features six exterior docks, seven drive-thru service bays and an additional 1.5+ acres of secured…
Read MoreClear Height Properties/Harbert U.S. Real Estate Announce Purchase of 56,741 SF Industrial Building via Sale/Leaseback in Franklin Park, Illinois
A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation (“HMC”), has purchased a 56,741 square-foot industrial building located at 11058 Addison Street in Franklin Park IL. Located in the O’Hare submarket, the roughly 50% leased two-tenant building boasts…
Read MoreClear Height Properties Acquires 79,028 SF Business Park in New Brighton Minnesota
Clear Height Properties has purchased a 79,028 square-foot two-building business park located at 1775 and 1801 Old Hwy 8 in New Brighton, MN. The value-add urban industrial tech acquisition is the first in Minnesota for Clear Height. Located in the bustling I-694/I-35W corridor, the 11-unit complex is 87% leased and is located roughly 20 minutes…
Read MoreClear Height Properties Leases 213,000 SF in Q2 2022, a 117% increase year over year
Clear Height Properties has completed 40 new and renewal leases totaling 213,000 SF in the second quarter of 2022 and has completed 66 leases totaling 300,000 SF year to date. “This robust activity wouldn’t be possible without our broker partners and tenants who have continued to trust us as their real estate provider of choice,”…
Read MoreClear Height Properties/Harbert U.S. Real Estate Announce Purchase of 49,954 SF Industrial Building in Naperville, Illinois
A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation (“HMC”), has purchased a 49,954 square-foot industrial building located at 2244 Corporate Lane in Naperville IL. The 100% occupied two-tenant 20’ clear building equipped with 10 drive-in-doors is located…
Read MoreClear Height Properties Promotes Rick Nevarez to Director of Acquisitions and Joe Young to Managing Director, Asset Management and Acquisitions
OAK BROOK, IL (July 11, 2022) – Rick Nevarez has been promoted to Director of Acquisitions and Joe Young to Managing Director, Asset Management and Acquisitions. The announcement was made by Gary Rose, COO and President, Clear Height Properties (CHP). Nevarez joined CHP in 2015 and has previously served as Executive Vice President of Operations…
Read MoreClear Height Properties/Harbert U.S. Real Estate Announce Sale of 140,796 SF 7-Building Industrial Portfolio in Elmhurst, Illinois
A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation (“HMC”), has sold a 140,796 square-foot, 7-building industrial portfolio located at 747 N. Church Road in Elmhurst, IL. The portfolio is 100% leased to twenty-three tenants ranging in size…
Read MoreClear Height Properties/Blackbird Investment Group Announce Sale of 112,000 SF Facility in Elk Grove Village, Illinois
OAK BROOK, IL (June 3 2022) – A joint venture partnership between Oak Brook, IL-based real estate investor Clear Height Properties and Chicago, IL-based Blackbird Investment Group has sold 1250-1350 Greenleaf Avenue in Elk Grove Village, IL. The 112,000 square-foot industrial building is fully leased to Brett Anthony Foods. Michael Caprile, Zach Graham, Jason Lev…
Read MoreClear Height Properties Announces Sale of 450,034 SF Industrial Portfolio
Clear Height Properties has completed the sale of a seven-property, 450,034-square-foot industrial portfolio located in key Chicago submarkets. The portfolio is 94% leased to 66 tenants. The buyer was J&L Real Properties. Avison Young marketed the portfolio for sale on behalf of Clear Height. “After successfully executing our business plan, we are pleased to profitably…
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