A joint venture partnership between Clear Height Properties and Harbert U.S. Real Estate, an investment strategy sponsored by Harbert Management Corporation (HMC), has purchased a 102,000-square-foot industrial building located at 200-220 Fencl in Hillside.
The property sits on a 4.24-acre corner lot minutes from I-290, I-294, and I-88 and features 6B tax status, over 120 parking spaces, and six docks with levelers. Brian Colson and Brian Pomorski of Avison Young represented Clear Height/HMC. Denise Chaimovitz of Paine Wetzel represented the seller. The building is currently ~50% occupied and provides flexible small-bay industrial spaces perfect for users looking for a strategic middle point between Downtown Chicago and the Western Suburbs.
The Clear Height/HMC portfolio now includes 21 assets and approximately 1.5 million square feet.
