MAKING HEADLINES

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Harbert US Real Estate (“HUSRE”), an investment strategy sponsored by Harbert Management Corporation (“HMC”), has acquired a 64,340 square foot, single-tenant light industrial building located at 9999 Virginia Avenue in Chicago Ridge, Illinois, located with immediate proximity to the…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Harbert US Real Estate (“HUSRE”), an investment strategy sponsored by Harbert Management Corporation (“HMC”), has acquired a 38,942 square foot, multi-tenant light industrial building located at 2100 Corporate Drive in Addison, Illinois. The property is centrally located with immediate…

Clear Height Properties completed 29 new and renewal leases totaling 205,000 SF in Q1 2024. “The Clear Height portfolio continues to show resilience with any macro market headwinds that may persist, and we have continued to see strong rental increases, minimal downtime between vacancies, and elevated interested from market tenants,” said Max Hoye, Director of…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Denver-Colorado-based Walker & Dunlop Investment Partners (“WDIP”) has purchased a vacant ISF located at 1845 Western Drive in West Chicago, Illinois. This unique property includes a 2.5 acre secured concrete yard with an 11,000 SF, five-bay maintenance building. There…

 A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Harbert US Real Estate (“HUSRE”), an investment strategy sponsored by Harbert Management Corporation (“HMC”), has acquired a 72,000 square foot, multi-tenant light industrial building located at 19410 South La Grange Road in Mokena Illinois. The property is located less…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Harbert US Real Estate (“HUSRE”), an investment strategy sponsored by Harbert Management (“HMC”), has acquired a 43,750 square foot, multi-tenant light industrial building located at 9700 Industrial Drive in Bridgeview, Illinois. The property is located immediately off the 4-way…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Denver-Colorado-based Walker & Dunlop Investment Partners (“WDIP”) has leased a single-tenant ISF located at 9211 Gage Avenue in Franklin Park, Illinois. The property consists of an 18,800 square foot building with a low 30% building-to-land coverage ratio, fully gated…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Houston-Texas-based ICP Funds has acquired two multi-tenant light industrial buildings totaling 93,059 square feet in Northbrook’s Sky Harbor Industrial Park. Located in Chicago’s infill North Cook County industrial submarket, the buildings are located at 720-730 Landwehr Road and 305-311…

Clear Height Properties (“Clear Height”) has acquired a rare 60,000 square foot industrial building located at 832 South Central Avenue in Chicago, Illinois. The property sits on over 2.2 acres of land on the south side of I-290, along South Central Avenue, with immediate access via a four-way interchange to I-290. Clear Height will raze…

Clear Height Properties completed 34 new and renewal leases totaling 523,000 SF in Q4 2023 bringing the total to 1,289,000 SF leased in 2023 compared to 498,000 SF leased during the same period in 2022. “2023 was a banner year for Clear Height with major milestones including signing the largest lease in firm history and…

Clear Height Properties (“Clear Height”) has acquired a 57,000 square foot, two-unit light industrial building located at 712 North Central Ave in Wood Dale, Illinois, in DuPage County and in Chicago’s best performing O’Hare submarket. One of the units in the building is leased and the second unit will be available for occupancy in the…

 A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Harbert US Real Estate (“HUSRE”), an investment strategy sponsored by Harbert Management Corporation (“HMC”), has acquired a 45,000 square foot, two-unit light industrial building located at 1700 Landmark Road, Aurora, Illinois, located in Chicago’s I-88 submarket. Ryan Samuelson of…

Clear Height Properties (“Clear Height”) has sold a single-tenant fully leased 34,700 square-foot ISF located at 1404 West Fullerton Avenue, in Addison, Illinois. Clear Height purchased the property in September 2022 vacant and executed a series of capital improvements, then leased the property to a Fortune 50 global shipping and logistics firm. The building is…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Harbert US Real Estate (“HUSRE”), an investment strategy sponsored by Harbert Management Corporation (“HMC”), has acquired 4700 W. 137th Street in Crestwood Illinois. The addition will bring Clear Height’s Crestwood portfolio to over 150,000 square feet, across 27-units. Jesse…

Clear Height Properties (“Clear Height”) has acquired a five-acre IOS (Industrial Outdoor Storage) property located at 2614 Brandon Road in Joliet, Illinois, next to the largest inland port in North America, the Joliet Intermodal Terminal. The property consists of over 4.5 acres of outside storage, ideal for truck and trailer parking or equipment storage and…