MAKING HEADLINES

A Clear Height Properties transaction featuring 31 industrial assets and two land sites totaling more than 1.4 million square feet of space was selected as the Most Significant Investment Sale Transaction in 2022 at the fourth annual Illinois Real Estate Journal Awards held June 2. Clear Height Properties team members celebrated the win along with…

Clear Height Properties has created a new Property Operations department, promoting former Property Operations Manager Lauren Posey to the role of Director. Relatively uncommon in the industry, property operations bridges property management and accounting functions to streamline analytics, communications, and decision making across Clear Height teams. “Visibility throughout the organization means I can predict how…

Clear Height Properties (“Clear Height”) has acquired an 18,800 square-foot ISF located at 9211 Gage Avenue in Franklin Park, Illinois. The property consists of an 18,800 square foot building with a low 30% building-to-land coverage ratio, fully gated and secured parking area for a fleet of field service vehicles, four drive-in doors, and interior triple…

Clear Height Properties completed 40 leases in the first quarter of 2023. “Clear Height had a strong first quarter of new and renewal leasing activity throughout our four million square foot portfolio,” said Max Hoye, Director of Leasing at Clear Height. “We stay in constant communication with our nearly four hundred tenants to ensure their…

Clear Height Properties (“Clear Height”) has acquired a 20,648 square-foot single-tenant, fully leased industrial building located at 614 East State Parkway in Schaumburg, Illinois. The property’s features include 3,400 square feet of office space, two drive-in doors, one dock-high door, 21’ clear warehouse ceiling height and more than 50 car parking spaces. The building is…

Clear Height Properties is pleased to welcome Robin Stolberg as their Managing Director of Acquisitions, a newly created position within the organization. In this role, Robin will lead all acquisition efforts at Clear Height, a function formerly managed by co-founder and CEO Dominic A. Sergi. “With the way Clear Height has been growing, we needed…

Clear Height Properties completed 7 new and 11 renewal leases in the fourth quarter of 2022 totaling 75,000 SF and has completed 103 leases totaling 500,000 SF for the year. “We saw a flurry of new tenant activity to close out the year which will continue into 2023 and leaves us feeling optimistic to begin…

Clear Height Properties is pleased to announce that Arturo Radilla has joined the company as Director, Project and Development Services. With a background that spans architecture, development and project management, Arturo has an exceptional ability to identify opportunities that will maximize value for tenants and investors alike. Arturo works with Clear Height acquisition teams to…

  The $100M+ acquisition is one of the largest off-market acquisitions in Chicago this year   A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate (“HUSRE”), an investment strategy sponsored by Harbert Management Corporation (“HMC”), has purchased 31 assets and 2 land sites totaling more than…

A joint venture partnership between Oak Brook, Illinois-based real estate investor Clear Height Properties and Brookfield, Wisconsin-based MLG Capital has acquired a 290,573 square-foot infill industrial building located at 1675 Watkins Road in Columbus, Ohio. The acquisition is the first in Ohio for Clear Height. The soon-to-be-fully-renovated building is available for lease and strategically located…

Clear Height Properties has purchased a 29,070 square-foot, multi-tenant warehouse facility located at 111 S. Lombard Rd. in Addison, Illinois. “The 100% leased, 6-tenant building has flexibly-sized functional industrial suites,” said Ryan Maher, Director of Acquisitions, Clear Height Properties. “All units have access to loading and we’re only three minutes from I-355. There’s even a…

Clear Height Properties has hired Kevin Bufalino as its new Vice President of Asset Management and Acquisitions. As the real estate investment and management firm continues to enjoy tremendous growth through significant Midwest industrial real estate acquisition activity, Bufalino will help capture new opportunities to further expand the asset management platform. Kevin delivers a strong…

Clear Height Properties has purchased a 77,299 square-foot single-tenant industrial building located at 320 Marmon Dr. in Bolingbrook IL via sale/leaseback to DYWIDAG Systems International USA, Inc. DYWIDAG is a global leader in construction and infrastructure technology that works with government authorities, asset owners, construction companies, and design offices to support their infrastructure projects. 320…

Clear Height Properties has completed 31 new and renewal leases totaling 175,538 SF in the third quarter of 2022 and has completed 85 leases totaling 425,000 SF year to date. “We are continuing to see strong new and renewal activity across the portfolio and have not needed to veer from our original business plans,” said…

Clear Height Properties has purchased a 34,700 square-foot industrial building located at 1404 W. Fullerton Avenue in Addison, Illinois. 1404 W. Fullerton is centrally located in DuPage County with quick access to I-355 between I-290 and Route 83. The property features six exterior docks, seven drive-thru service bays and an additional 1.5+ acres of secured…