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 more than 50 car parking spaces.
The building is the long-time home of Machinery Systems, Inc., a CNC machine distributor, who will continue to occupy the building.
The property marks the sixth industrial building Clear Height owns and operates in the immediate business park located at the Southwest intersection of I-90 and I-290.
“614 State is a perfect addition to our assets located in Northwest Cook and the full Clear Height portfolio,” said Ryan Maher, Director of Acquisitions, Clear Height Properties.
Jason Talanian of Glenwood Commercial Realty was the sole broker in the transaction.