Clear Height Properties / Harbert U.S. Real Estate Sold Light Industrial Building in Wheeling, Illinois
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Harbert U.S. Real Estate (“HUSRE”), an investment strategy sponsored by Harbert Management Corporation (“HMC”), has sold a 53,957 square foot light industrial building at 1475 South Wheeling Road in Wheeling, Illinois.
The building is in the North Cook Industrial submarket, three miles from the I-294/Willow Road Interchange.
Eric Fischer, Marc Samuels, Brett Kroner, and Keith Puritz of Cushman & Wakefield represented Clear Height Properties. The buyer was represented by Ilya Prikazchikov of Realty & Investments, Inc.
About Clear Height Properties
Piloted by an experienced leadership team, Clear Height Properties has built a strong platform for acquiring and operating industrial real estate in the most desirable locations throughout the central United States. From its headquarters in Oak Brook, Illinois, the firm has bought and sold more than 200 assets totaling approximately $950M over the past fifteen years, establishing a record of strong risk-adjusted returns. Driven by its core values and mission of “building wealth and creating legacies,” Clear Height is uniquely positioned to invest in, manage and add value to every asset and relationship. Learn more at www.clearheight.com.
About Harbert Management Corporation
HMC is a privately owned alternative asset management firm formed in 1993 to sponsor alternative asset investment funds. HMC has approximately $8.1 billion in Regulatory Assets Under Management as of July 31, 2025. HMC serves a variety of institutional investors across multiple asset classes. Investment strategies include European and U.S. real estate, seniors housing, growth capital, credit solutions, infrastructure, and absolute return funds. Learn more at www.harbert.net.