News Archives - Clear Height Properties

11 Sep Clear Height Properties/Harbert U.S. Real Estate Acquire Lake County Industrial Property

Posted at 21:42h in News

A joint venture partnership between Oak Brook-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 an industrial property at 700‒750 Chestnut Avenue in Park City, Illinois. Situated between...

06 Sep Clear Height Properties/Harbert U.S. Real Estate Announce Purchase of 13,687 SF Industrial Building in Elk Grove Village

Posted at 14:55h in News

A joint venture partnership between Oak Brook-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 13,687 square-foot vacant industrial building located at 780 Bonnie Lane in Elk...

14 Jul Clear Height Properties More Than Doubles Square Footage Leased Year over Year

Posted at 21:43h in News

Clear Height Properties completed 40 new and renewal leases totaling 304,000 SF in Q2 2023 bringing the total to 561,000 SF leased in 2023. “This second quarter proved to be one of Clear Height’s strongest leasing quarters which is a testament to the Clear Height platform...

07 Jul Clear Height Properties Leases Newly Renovated Industrial Service Facility (“ISF”) in Addison to Fortune 50 Global Shipping and Logistics Firm

Posted at 14:07h in News

Clear Height Properties (“Clear Height”) has leased a single-tenant 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 including a new roof, new mechanicals, new drive-in doors,...

13 Jun Clear Height Properties Acquires Vacant Industrial Building in Elk Grove Village

Posted at 11:30h in News

Clear Height Properties (“Clear Height”) has acquired a 21,400 square-foot vacant industrial building located at 605 Bonnie Lane in Elk Grove Village, Illinois. The property consists of a 21,400 square foot single-tenant building with 2,000 square feet of office space, two dock-high doors, one drive-in door,...

06 Jun Clear Height Properties Honored for “Most Significant Investment Sale Transaction in 2022”

Posted at 12:53h in News

A Clear Height Properties transaction featuring 31 industrial assets and two land sites totaling more than 1.4 million square feet of space was selected as the Most Significant Investment Sale Transaction in 2022 at the fourth annual Illinois Real Estate Journal Awards held June 2. Clear...

02 May Lauren Posey Named Director of Property Operations at Clear Height Properties

Posted at 21:37h in News

Clear Height Properties has created a new Property Operations department, promoting former Property Operations Manager Lauren Posey to the role of Director. Relatively uncommon in the industry, property operations bridges property management and accounting functions to streamline analytics, communications, and decision making across Clear Height...

02 May Clear Height Properties Acquires Industrial Service Facility (“ISF”) in Chicago’s Near West Suburbs Submarket

Posted at 18:29h in News

Clear Height Properties (“Clear Height”) has acquired an 18,800 square-foot 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 and secured parking area for a fleet of...

19 Apr Clear Height Properties Completes 256,000 SF of Leases in Q1 2023

Posted at 16:36h in News

Clear Height Properties completed 40 leases in the first quarter of 2023. “Clear Height had a strong first quarter of new and renewal leasing activity throughout our four million square foot portfolio,” said Max Hoye, Director of Leasing at Clear Height. “We stay in constant communication...

12 Apr Clear Height Properties Acquires 20,648 SF Single-Tenant Industrial Building in Chicago’s Northwest Cook Submarket

Posted at 16:29h in News

Clear Height Properties (“Clear Height”) has acquired a 20,648 square-foot single-tenant, fully leased industrial building located at 614 East State Parkway in Schaumburg, Illinois. The property’s features include 3,400 square feet of office space, two drive-in doors, one dock-high door, 21’ clear warehouse ceiling height and...