Clear Height Properties completed 43 new and renewal leases totaling 233,000 square feet in the first quarter of 2025.
“Renewals are continuing at a great pace with healthy underlying fundamentals and economics,” said Max Hoye, Director of Leasing at Clear Height., in a statement “We have had recent successes with some of our nearly 500 tenants assisting in their lease renewals, expansions and relocations within our portfolio.”
Significant transactions in the first quarter of 2025 included:
1380 Gateway, Elgin, Illinois
23,000 square foot renewal with Contractors Flooring Outlet, a Chicagoland flooring wholesaler.
1550 Fullerton, Addison, Illinois
22,000 square foot renewal with Syn-Tech Lubricants, a manufacturer of specialty lubricants focused on the automotive, aerospace, medical, industrial, and food industries. Syn-Tech was represented by Ben Scherer and Jeff Fischer with KBC Advisors.
1801 Old Hwy 8, New Brighton, Minnesota
18,000 square foot renewal with PHT Systems, a commercial foodservice distributor.
Dan Lofgren with Forte Real Estate Partners represented PHT and Ben Youds and Alex Baron with Transwestern represented Clear Height.
