Clear Height Properties / ICP Funds Acquire Light Industrial Building in Bellwood, Illinois

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 10 Davis Drive in Bellwood, Illinois. The 29,483 square foot single-tenant light industrial building is long-term leased.

Matt Garland of Cawley Commercial Real Estate was the sole broker in the transaction.

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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 213 assets totaling nearly $1 Billion 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 ICP Funds

ICP Funds is an evergreen private equity real estate fund, with properties in 14 U.S. cities, that pools investors’ funds into its growing portfolio of industrial, flex, and suburban corporate offices in markets throughout the US. Learn more at www.icpfunds.com.