MAKING HEADLINES

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…

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 fully leased 103,540 square foot, multi-tenant light industrial building located at 2200 Highway 13 West in Burnsville, Minnesota, with frontage on the…

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 58,715 square foot, single-tenant light industrial building located at 1975 Hawthorne Avenue in Melrose Park, Illinois, located near the intersection of North…

Clear Height Properties (“Clear Height”) has acquired a vacant ISF located at 6401 Oakton Street in Morton Grove, Illinois.  Clear Height will implement a capital improvement plan and then reintroduce the property to the market. When completed, the property will include a single-tenant light industrial building of 33,225 square feet on over 3-acres of land.…

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 64,340 square foot, single-tenant light industrial building located at 9999 Virginia Avenue in Chicago Ridge, Illinois, located with immediate proximity to the…

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 38,942 square foot, multi-tenant light industrial building located at 2100 Corporate Drive in Addison, Illinois. The property is centrally located with immediate…

Clear Height Properties completed 29 new and renewal leases totaling 205,000 SF in Q1 2024. “The Clear Height portfolio continues to show resilience with any macro market headwinds that may persist, and we have continued to see strong rental increases, minimal downtime between vacancies, and elevated interested from market tenants,” said Max Hoye, Director of…

A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties (“Clear Height”) and Denver-Colorado-based Walker & Dunlop Investment Partners (“WDIP”) has purchased a vacant ISF located at 1845 Western Drive in West Chicago, Illinois. This unique property includes a 2.5 acre secured concrete yard with an 11,000 SF, five-bay maintenance building. There…