Clear Height Properties Leases 233,000 SF in Q1 2025

April 15, 2025
1550 fullerton addison il exterior

Clear Height Properties completed 43 new and renewal leases totaling 233,000 SF in Q1 2025.

“Renewals are continuing at a great pace with healthy underlying fundamentals and economics,” said Max Hoye, Director of Leasing at Clear Height. “We have had recent successes with some of our nearly 500 tenants assisting in their lease renewals, expansions and relocations within our portfolio. Our ability to offer a multi-decade home for our tenants by being creative with a dynamic multi-tenant light-industrial portfolio remains as one of Clear Height’s core value propositions.”

Significant transactions in the first quarter of 2025 included:

1380 Gateway, Elgin, Illinois

  • 23,000 square foot renewal with Contractors Flooring Outlet, a Chicagoland flooring wholesaler.

1550 Fullerton, Addison, Illinois

  • 22,000 square foot renewal with Syn-Tech Lubricants, a manufacturer of specialty lubricants focused on the automotive, aerospace, medical, industrial, and food industries. Syn-Tech was represented by Ben Scherer and Jeff Fischer with KBC Advisors.

1801 Old Hwy 8, New Brighton, Minnesota

  • 18,000 square foot renewal with PHT Systems, a commercial foodservice distributor.  
  • Dan Lofgren with Forte Real Estate Partners represented PHT and Ben Youds and Alex Baron with Transwestern represented Clear Height.

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 Midwest and 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.