MAKING HEADLINES

By Madison Forster In the world of property management, tenant relationships are often the deciding factor between a property that simply performs and one that truly thrives. When the balance between professionalism, responsiveness, and care is achieved, everything else seems to fall into place. Strong tenant relationships go beyond hospitality—they’re a key driver that supports…

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…

A joint venture partnership between Oak Brook-Illinois-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 82,692 square foot multi-tenant light industrial building at 321 West Lake Street in Elmhurst, Illinois. The two-tenant building is in Chicago’s DuPage County,…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Boston-Massachusetts-based private equity real estate manager Long Wharf Capital (“Long Wharf”) has acquired 3631-3665 Commercial Avenue in Northbrook, Illinois.  The 83,720 square foot building is fully leased to a long-term single-tenant. The property is in Sky Harbor Business Park,…

A joint venture partnership between Oak Brook-Illinois-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 42,444 square foot multi-tenant light industrial building at 1938 University Lane in Lisle, Illinois. The three-tenant building is in Chicago’s DuPage County, inside…

Clear Height Properties (“Clear Height”) has leased 2614 Brandon Road in Joliet, Illinois, a five acre Industrial Service Facility (ISF) site with a 20,384 SF building to a regional logistics company. The property is located adjacent to the I-55 / I-80 interchange and the Joliet Intermodal Terminal.   “We are excited to welcome a regional…

A joint venture partnership between Oak Brook-Illinois-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 five-building, multi-tenant light industrial portfolio totaling 231,741 square feet in Cincinnati Ohio from a fund managed by Brookfield Asset Management. The five…

Clear Height Properties completed 40 new and renewal leases totaling 253,000 SF in Q4 2024 with a total of 870,000 SF for the year. “The fourth quarter saw a considerable uptick in signed leases from the prior quarter,” said Max Hoye, Director of Leasing at Clear Height. “We welcomed several new companies to the Clear…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Brookfield, Wisconsin-based MLG Capital have sold a 290,573 square foot industrial building located at 1675 Watkins Road, Columbus, Ohio. The property is 100% leased to a long-term single-tenant and is in Columbus’ premier Southeast submarket. The property, known as…

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 Centerwest Business Park, a multi-tenant shallow-bay industrial business park, totaling 116,224 square feet, at 2055 West Army Trail Road in Addison, Illinois. Located in one Chicago’s best performing industrial markets, the Central DuPage submarket…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Chicago-Illinois-based Blackbird Investment Group has acquired an 32,000 square foot ISF, located at 2945 Shermer Road in Northbrook, Illinois. The property consists of a 32,000 square foot drive-thru building with less than 20% building-to-land coverage ratio, fully gated and…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Boston-Massachusetts-based Long Wharf Capital (“Long Wharf”) has acquired 1400 Morse Avenue in Elk Grove Village, Illinois.  The 91,937 square foot building is located in Chicago’s O’Hare Submarket, the center of Chicago’s Industrial market. The property boasts a unique and…

By Robin Stolberg, Executive Director of Acquisitions While institutional investors have historically gravitated toward big-box industrial logistics assets, multi-tenant shallow-bay properties represent an increasingly compelling investment opportunity. These often-overlooked assets—which range from 25,000 to 150,000 square feet and are located in “A” locations—offer unique investment advantages that deserve consideration. Irreplaceable locations and diminishing supply underpin…

Four key employees embrace new roles and greater responsibility at the growing firm To better support the firm’s continued growth in the Midwest industrial real estate space, Clear Height Properties has announced promotions of four critical members of the firm.   “Clear Height Properties is proud that we can recognize these amazing individuals for their…

Clear Height Properties completed 29 new and renewal leases totaling 178,000 SF in Q2 2024. “Leasing activity in the second quarter remained robust with consistent tours and proposals,” said Max Hoye, Director of Leasing at Clear Height. “With the activity seen in the past quarter, the second half of the year should lead to excellent…