Clear Height Properties / ICP Funds Acquire Multi-Tenant Light Industrial Complex in Roseville, Minnesota
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 2890-2920 Centre Point Drive in Roseville, Minnesota. The 101,850 square foot multi-tenant light industrial complex is in the North Central submarket, less than one-mile from the intersection of I-35W and 29th Avenue NE.
Clear Height was represented by Sam Maguire, Mitch Kall, and David Wiegratz of Modern Commercial Real Estate. Christopher Santana of ISA Commercial Real Estate represented the Seller.
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 a +$500M evergreen private equity real estate fund investing across 18 U.S. cities. The fund aggregates investor capital into a growing, income-producing portfolio of industrial, flex, and suburban corporate office assets across key U.S. markets. Through disciplined acquisitions, active asset management, and long-term partnership alignment, ICP Funds provides diversified exposure to resilient commercial real estate sectors. Learn more at www.icpfunds.com.