MAKING HEADLINES

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…

A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation (“HMC”), has purchased a 56,741 square-foot industrial building located at 11058 Addison Street in Franklin Park IL.  Located in the O’Hare submarket, the roughly 50% leased two-tenant building boasts…

Clear Height Properties has purchased a 79,028 square-foot two-building business park located at 1775 and 1801 Old Hwy 8 in New Brighton, MN. The value-add urban industrial tech acquisition is the first in Minnesota for Clear Height. Located in the bustling I-694/I-35W corridor, the 11-unit complex is 87% leased and is located roughly 20 minutes…

Clear Height Properties has completed 40 new and renewal leases totaling 213,000 SF in the second quarter of 2022 and has completed 66 leases totaling 300,000 SF year to date. “This robust activity wouldn’t be possible without our broker partners and tenants who have continued to trust us as their real estate provider of choice,”…

A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation (“HMC”), has purchased a 49,954 square-foot industrial building located at 2244 Corporate Lane in Naperville IL. The 100% occupied two-tenant 20’ clear building equipped with 10 drive-in-doors is located…

OAK BROOK, IL (July 11, 2022) – Rick Nevarez has been promoted to Director of Acquisitions and Joe Young to Managing Director, Asset Management and Acquisitions. The announcement was made by Gary Rose, COO and President, Clear Height Properties (CHP). Nevarez joined CHP in 2015 and has previously served as Executive Vice President of Operations…

A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation (“HMC”), has sold a 140,796 square-foot, 7-building industrial portfolio located at 747 N. Church Road in Elmhurst, IL. The portfolio is 100% leased to twenty-three tenants ranging in size…

OAK BROOK, IL (June 3 2022) – A joint venture partnership between Oak Brook, IL-based real estate investor Clear Height Properties and Chicago, IL-based Blackbird Investment Group has sold 1250-1350 Greenleaf Avenue in Elk Grove Village, IL. The 112,000 square-foot industrial building is fully leased to Brett Anthony Foods. Michael Caprile, Zach Graham, Jason Lev…

Clear Height Properties has completed the sale of a seven-property, 450,034-square-foot industrial portfolio located in key Chicago submarkets. The portfolio is 94% leased to 66 tenants. The buyer was J&L Real Properties. Avison Young marketed the portfolio for sale on behalf of Clear Height. “After successfully executing our business plan, we are pleased to profitably…

Clear Height Properties has named R. Todd Barthel its Chief Financial Officer. Todd comes to Clear Height with twenty years of experience in major accounting and investment management firms. In this role, Todd will oversee CHP’s current portfolio of 42 properties, totaling approximately three million square feet. The announcement of Todd’s new position was made…

Clear Height Properties has sold 345 S. Fairbank in Addison, IL to a user just four months after acquiring the property last fall. Justin Lerner, Joe Karmin, and Ross Lehrman of Transwestern represented Clear Height. Brent De Noble and Doug Altenberger of Lee & Associates represented the buyer. Immediately upon acquisition at the end of…

Clear Height Properties has named Max P. Hoye its Director of Leasing. Max comes to Clear Height with a decade of diversified real estate experience and holds a managing broker license in the state of Illinois. In this role, Max will oversee CHP’s current portfolio of 42 properties, totaling approximately three million square feet. Max’s…

A joint venture partnership between Oak Brook, IL-based real estate investor Clear Height Properties and Chicago, IL-based Blackbird Investment Group has sold a 56,500 square-foot industrial building located at 1400 Greenleaf Avenue in Elk Grove Village, IL. The team acquired the property in January 2021, secured 6b tax eligibility, and completed renovations totaling approximately $720,000.…

A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation (“HMC”), has acquired an 131,733 square-foot, 4-building industrial portfolio located at 4725/4735 W. 135th St. and 13500/13530 S. Kenton Ave. in Crestwood, IL. The portfolio is 88% leased to…