Clear Height Properties Acquires 42,679 Square Foot Flex Building in Sky Harbor Business Park

Clear Height, along with its investment partners, closed on the acquisition of 3131-3149 MacArthur Blvd., a 42,679 square foot, Class B flex property located in Northbrook, Illinois.

This was an off-market transaction where Clear Height was represented by Zach Graham, Keith Puritz, Brett Kroner and Ryan Bain of CBRE. The property is subdivided into six units and is 100% leased.

Clear Height plans to make several base building and cosmetic improvements to the property including installing a new monument sign, resurfacing the parking lot, replacing the roof and new HVAC units.

“Sky Harbor is a highly sought after park for business owners who live in the north suburbs given its location and proximity to the Edens Spur,” commented Dan Huml, Vice President of Clear Height. “Given the pent up demand and limited supply of available space in the park, this investment will be a strategic long-term asset for us.”