Clear Height Properties Leases 178,000 SF in Q2 2024

July 29, 2024
1201 wiley rd schaumburg

Clear Height Properties completed 29 new and renewal leases totaling 178,000 SF in Q2 2024.

“Leasing activity in the second quarter remained robust with consistent tours and proposals,” said Max Hoye, Director of Leasing at Clear Height. “With the activity seen in the past quarter, the second half of the year should lead to excellent results within our portfolio. We are finding success in the ability to act quickly and creatively for prospective tenants and stakeholders.”

Significant transactions in the second quarter of 2024 included:

1390 Gateway, Elgin

  • 15,500 square foot new lease with a national manufacturer and supplier of hydraulic breakers, compactors and drills.
  • The tenant was represented by Rick Anesi and John Sharpe with Lee & Associates and Matt Garland and Rawly Lantz with Cawley represented Clear Height.
  • 7,500 square foot new lease with a regional water treatment system company.
  • The tenant was represented by David Pernice with SVN /Chicago Commercial and Matt Garland and Rawley Lantz represented Clear Height.

2100 Corporate, Addison

  • 18,500 square foot new lease signed with a leading provider of integrated security, fire and life safety solutions.
  • The tenant was represented by Deanna Becker with JLL and Michael Lupo with Colliers represented Clear Height.

1201 Wiley, Schaumburg

  • 11,000 square foot new lease with Delta Star, a manufacturer’s representative focusing on the operation of electric power systems.
  • Kyle Capone represented Delta Star and Mason Hezner with Brown Commercial represented Clear Height.
  • 8,000 square foot new lease with Imaging Essentials, a leading global supplier of digital printing and scanning solutions.  
  • Brad Frank with Cushman & Wakefield represented Delta Star and Mason Hezner with Brown Commercial represented Clear Height.

About Clear Height Properties

Piloted by an experienced leadership team, Clear Height Properties has built a strong platform for acquiring and operating industrial real estate in the most desirable locations throughout the Midwest and central United States. From its headquarters in Oak Brook, Illinois, the firm has bought and sold 194 assets totaling over $850M over the past ten years, establishing a record of strong risk-adjusted returns. Driven by its core values and mission of “building wealth and creating legacies,” Clear Height is uniquely positioned to invest in, manage and add value to every asset and relationship. Learn more at www.clearheight.com.