News

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…

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 three-building, 3.75-acre property totaling 65,000 square feet. The property is in Chicago’s North DuPage submarket, with immediate access to I-290 and I-294,…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Brookfield, Wisconsin-based MLG Capital has leased a 290,573 SF single-tenant building, located at 1675 Watkins Road, Columbus, Ohio. 1675 Watkins is located on the southeast side of Columbus, within the Watkins Road Industrial Park, adjacent to Norfolk Southern Discovery…

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 a 53,352 square foot, single-tenant industrial property located at 2650 Minnehaha Avenue in Minneapolis, Minnesota. Since 2003, the property has been leased to a Blackstone-owned home remodeling and installation services company. “The location of…

Clear Height Properties is thrilled to welcome Meredith Pond, PHR, SHRM-SCP as Director of Culture and Talent. In this role, Pond will continue to develop the value-driven, people-first culture that has placed the firm on a remarkable upward trajectory, consistently outpacing forecasts for growth.    “One of the significant challenges in HR is convincing leadership…

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 121,684 square foot, muti-tenant light industrial complex located at 9201 East Bloomington Freeway in Bloomington, Minnesota, known as the “Bloom Tech” complex.…

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 20,000 square-foot, light industrial building located at 500-502 Crossen Avenue in Elk Grove Village, Illinois. The property is fully leased to two-tenants…

Clear Height Properties completed 37 new and renewal leases totaling 205,000 SF in Q3 2023 bringing the total to 767,000 SF leased in 2023 compared to 425,000 SF leased during the same period in 2022. “There was a higher volume of tenant consolidations, subleases and relocations in the third quarter as higher interest rates have…