February 13, 2019
Making its first acquisition of 2019, Clear Height Properties has picked up a two-building property at 130-150 East St. Charles Rd. in Carol Stream, IL. Pricing on the value-add investment opportunity acquired at auction from RealInsight Marketplace wasn’t disclosed.
Built in 1987 and renovated in 2005, the two buildings total 64,285 square feet of space. Combined, they’re approximately 22% leased; available spaces range from 2,500 to 14,756 square feet.
“This property is well-located in the prime Carol Stream/DuPage County industrial market, and represents a prime value add investment opportunity for Clear Height,” said the company’s Gary Rose. “We’ll invest in some minor capital improvements to the property and aggressively market the space to small- to mid-size users in DuPage County that are looking for a central location with easy access to I-290.”
NAI Hiffman’s Kelly Disser and Michael Freita will serve as the leasing agents for 130-150 East St. Charles.
For comments, questions or concerns, please contact Paul Bubny