06 Sep Clear Height Properties/Harbert U.S. Real Estate Announce Purchase of 13,687 SF Industrial Building in Elk Grove Village
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 Grove Village.
The property is a single-tenant building with two dock-high doors, two drive-in doors, and is the seventh industrial building Clear Height owns and operates in Elk Grove Village.
780 Bonnie is located two blocks west of the intersection of Busse Road and Landmeier Road, in the center of Chicago’s O’Hare industrial submarket.
Jay Maher of Avison Young was the sole broker in the purchase transaction and will be retained to market the building for lease.