Clear Height Properties has sold 345 S. Fairbank in Addison, Illinois to a user 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 November 2021, Clear Height found a user and initiated capital improvements including roof repair, interior renovations, dock repairs, masonry repair, and new LED lighting. Clear Height will complete these renovations after closing.
In addition to the sale of 345 S. Fairbank, Clear Height has completed four additional transactions totaling 480,177 square feet thus far in 2022.
