Posts by Patrick Falso
Clear Height Properties/Harbert U.S. Real Estate Acquire Fully Leased Multi-Tenant Light Industrial Building in Burnsville, Minnesota
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 fully leased 103,540 square foot, multi-tenant light industrial building located at 2200 Highway 13 West in Burnsville, Minnesota, with frontage on the…
Read MoreClear Height Properties/Harbert U.S. Real Estate Acquire Single-Tenant Light Industrial Building in Melrose Park, Illinois
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 58,715 square foot, single-tenant light industrial building located at 1975 Hawthorne Avenue in Melrose Park, Illinois, located near the intersection of North…
Read MoreClear Height Properties Acquires Industrial Service Facility (ISF) in Morton Grove, Illinois
Clear Height Properties (“Clear Height”) has acquired a vacant ISF located at 6401 Oakton Street in Morton Grove, Illinois. Clear Height will implement a capital improvement plan and then reintroduce the property to the market. When completed, the property will include a single-tenant light industrial building of 33,225 square feet on over 3-acres of land.…
Read MoreClear Height Properties/Harbert U.S. Real Estate Acquire Single-Tenant Light Industrial Building in Chicago Ridge, Illinois
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…
Read MoreClear Height Properties/Harbert U.S. Real Estate Acquire Multi-Tenant Light Industrial Building in Addison, Illinois
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…
Read MoreClear Height Properties Leases 205,000 SF in Q1 2024
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…
Read MoreClear Height Properties/Walker & Dunlop Investment Partners Joint Venture Acquire Industrial Service Facility (“ISF”) in DuPage County
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…
Read MoreClear Height Properties/Harbert U.S. Real Estate Acquire Multi-Tenant Light Industrial Building in Mokena, Illinois
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…
Read MoreClear Height Properties/Harbert U.S. Real Estate Acquire Multi-Tenant Light Industrial Building in Bridgeview, Illinois
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…
Read MoreClear Height Properties/Walker & Dunlop Investment Partners Joint Venture Leases Industrial Service Facility (“ISF”) in Chicago’s Near West Suburbs Submarket
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…
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