Clear Height Properties and its investment partner Buligo Capital Partners announced the disposition of 10200 55th Street, a 354,000-square-foot single-tenant manufacturing and distribution facility in Kenosha, Wisconsin.
The property is strategically located in the SE Wisconsin/Kenosha submarket, offering exceptional connectivity to both the Chicago and Milwaukee MSAs and is equipped with in integrated labs, lighting paint lines, and customized production infrastructure.
Clear Height executed long-term lease extension that included a corporate guarantee and provide an S&P A- investment grade credit enhancement. This stabilized the property and enhancing its long-term positioning within the SE Wisconsin submarket.
Ryan Bain & Joe Horrigan with CBRE were the sole brokers in the sale transaction.
