Clear Height Properties Acquires 34,700 SF Industrial Building in Addison IL

1404 w fullerton 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…

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Clear Height Properties/Harbert U.S. Real Estate Announce Purchase of 56,741 SF Industrial Building via Sale/Leaseback in Franklin Park, Illinois

11058 addison st franklin park il

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…

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Clear Height Properties Acquires 79,028 SF Business Park in New Brighton Minnesota

rush lake business park

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…

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Clear Height Properties/Harbert U.S. Real Estate Announce Purchase of 49,954 SF Industrial Building in Naperville, Illinois

2244 corporate ln naperville il

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…

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Clear Height Properties Promotes Rick Nevarez to Director of Acquisitions and Joe Young to Managing Director, Asset Management and Acquisitions

rick nevarez and joe young

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…

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Clear Height Properties/Harbert U.S. Real Estate Announce Sale of 140,796 SF 7-Building Industrial Portfolio in Elmhurst, Illinois

747 church elmuhrst

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…

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Clear Height Properties/Blackbird Investment Group Announce Sale of 112,000 SF Facility in Elk Grove Village, Illinois

1250 greenleaf

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…

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Clear Height Properties Announces Sale of 450,034 SF Industrial Portfolio

7 pack sale

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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