MAKING HEADLINES

Clear Height Properties has named Kurt Angst to the position of Director of Property Management while also promoting Rick Nevarez to Director of Acquisitions and Leasing as the firm continues to grow and expand its presence in the Chicago metro area through strategic new acquisitions. The announcement was made by Dominic Sergi, CEO/President, Clear Height…

A joint venture partnership consisting of Chicago-based Clear Height Properties and Israel-based Buligo Capital Partners has acquired the 354,000-square-foot headquarters, manufacturing and distribution facility constructed for and fully leased to Kenall Lighting, Inc. The sale price was undisclosed. The Seller, a private investor, was represented in the transaction by Jeffrey B. Devine and Steve Disse,…

Move expands space to satisfy expanding staff, portfolio and work product Clear Height Properties, the real estate investment, management and services firm based in Chicago, has completed an office lease at 150 N. Wacker Drive in Chicago’s West Loop. The company is relocating from space in River North. “With the continued growth and expansion of…

After acquiring the building in May 2018 and completing a refresh of the premises, Clear Height Properties has completed a lease for 15,233 square feet of flex office and industrial space at 550 N. Commons Drive in Aurora. Orbit Medical has leased contiguous suites within the building to create the 15,233-square-foot space that includes extensive…

Danley’s, the custom garage builder, has completed a lease for 4,556 square feet of office space at 1400 S. Elmhurst Road in Elk Grove Village, within the O’Hare submarket. The building where Danley’s has opened a new office is owned and managed by Clear Height Properties. Danley’s has been a Chicago garage builder since 1959.…

In its first acquisition of 2019, Clear Height Properties has acquired a two-building property located at 130-150 East St. Charles Road in Carl Stream, IL. The purchase price of the value-add investment opportunity acquired at auction from RealInsight Marketplace was not disclosed. The two buildings at 130-150 East St. Charles Road are comprised of a…

In its first acquisition of 2019, Clear Height Properties has acquired a two-building property located at 130-150 East St. Charles Road in Carol Stream, IL. The purchase price of the value-add investment opportunity acquired at auction from Real Insight Marketplace was not disclosed. The two buildings at 130-150 East St. Charles Road are comprised of…

Clear Height Properties has named Nena Guillory Hamilton as Controller. In this position the accounting and commercial real estate veteran is responsible for financial and accounting functions for the company and its expanding commercial real estate portfolio. The firm also announced the appointment of Joe Young, Vice President, Asset Management & Acquisitions, and Kailey Cooper,…

Clear Height Properties, the Chicago based real estate investment and management firm, has announced the appointment of three new people to the company. Joining the rapidly expanding firm are Monika Cepatis, Property Manager; Ryan Ferris, Associate Property Manager; and Tom Kuczek, Accounting Associate. “As we continue to grow our portfolio and deepen the level and…

Company Begins Offering Third-Party Project and Development Services; Clear Height Properties has announced the appointment of Jason Pammler as Managing Director, Project and Development Services. The appointment of the industry veteran represents another step in the firm’s growth and evolution and further movement toward becoming vertically integrated in the commercial real estate space. At Clear…

Clear Height , along with its investment partners, closed on the acquisition of 1437-1455 Payne Road, an 18,000 square foot, multi-tenant industrial property located in Schaumburg, Illinois. The property sits directly across the street from 1000 E. State Parkway, a 43,799 square foot, multi-tenant flex industrial property owned by Clear Height.  The property is 100% leased…

A joint venture between Clear Height Properties (“CHP”) and Diamond Realty Holdings (“DRH”) recently closed on the acquisition of 400-434 N Armour, 1520 W Kinzie, 401-405 N Ashland and 1515 W Hubbard, three vacant flex industrial buildings totaling 53,250 SF square feet and a vacant land parcel located on the west side of Chicago, Illinios. The…

Clear Height, along with its investment partners, recently closed on the acquisition of 700-714 Landwehr Road, a 41,835 square foot, multi-tenant flex industrial property located in Northbrook, Illinois and 1000 State Parkway, a 43,799 square foot, multi-tenant flex industrial property located in Schaumburg, Illinois. Clear Height originally acquired the notes of both properties in 2015…

Clear Height, along with its investment partners, closed on the acquisition of a six building portfolio totaling 146,342 square foot. The properties are located at: The seller was represented in the transaction by John Coleman, Gary Nussbaum and David Matheis of Transwestern. Clear Height has retained John Joyce, Justin Lerner, Joe Karmin and Ryan Phillips…

Clear Height, along with its investment partners, closed on the acquisition of 3901 Carnation Street, a vacant 61,050 square foot industrial property located in Franklin Park, Illinois. The property sits on 2.8 acres and features 94 parking spaces. The entire building is fully air conditioned and has 2,400 amps of power. Clear Height plans to…