fbpx
February 2020

Clear Height JV Acquires Oak Brook Offices

A joint venture of Clear Height Properties and Buligo Capital Partners acquired an office property at 814 Commerce Dr. in Oak Brook, IL, within in the eastern East West Corridor. Clear Height acquired the 171,933-square-foot office building from Elliott Management for an undisclosed purchase price.Clear Height JV Oak Brook

This is the second acquisition made by the Clear Height/Buligo JV. The partners plan a repositioning.

“This was an acquisition that we got very excited about,” said Clear Height’s Gary Rose. “We have engaged Gensler to help us modernize and energize the exterior and common areas of the building, and believe strongly that the final product will draw strong interest from tenants as we lease the remaining vacancy.”

The building was marketed for sale by NAI Hiffman’s Art Burrows, James Adler and Dan O’Neill. Clear Height named NAI Hiffman as marketing and property management representative for the property.

As seen at Connect Media.

Recent Blog Posts

Brokerage
News
Sale brokered for industrial center in Gary, Indiana
June 2022

Sale brokered for industrial center in Gary, Indiana

Brokerage
News
Research
Q1 Industrial Data Turning Heads
June 2022

Q1 Industrial Data Turning Heads

Brokerage
News
Prominent office tower in Merrillville, Indiana continues leasing streak
June 2022

Prominent office tower in Merrillville, Indiana continues leasing streak