**Clear Height Properties JV Acquires Light Industrial Building in Bensenville**
A joint venture between Oak Brook, Illinois-based Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation, has acquired a 15,126-square-foot light industrial building at 500 Industrial Drive in Bensenville, Illinois. The property is fully leased on a long-term basis.
Jacob Friedman of Matthews Real Estate Investment Services served as the sole broker in the transaction.
Originally built in 1981, the single-tenant facility is situated in the O’Hare submarket—one of the most sought-after industrial areas in the Chicago region, located within DuPage County.
Clear Height Properties has a robust track record, having acquired and sold over 200 assets totaling approximately $95 million over the past 15 years. Harbert Management Corporation is an alternative asset manager with approximately $8.1 billion in regulatory assets under management.
The acquisition underscores the joint venture’s continued investment in strategic, high-demand industrial locations.
