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IllinoisRetail

Clear Height Properties hires Colliers to sell cannabis real estate portfolio

May 19, 2022
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Clear Height Properties has engaged Colliers to sell a three facility, net leased Cannabis real estate portfolio with strategic locations in Illinois. Colliers Chicago Executive Vice President Peter Block and his partners Christian Pera and Eric Okleshen are overseeing the disposition.

The properties are operated by Sunnyside Dispensary, the first national retail brand of Cresco Labs, and are located at:

  • 3524 N. Clark St. in Chicago
  • 1704 S. Neil St. in Champaign
  • 7943-7959 W. Grand Ave. in Elmwood Park

3524 N. Clark is in the heart of Wrigleyville, 1701 S. Neil St. is on the edge of the University of Illinois in Champaign, and 7943-7959 W. Grand Ave. is in Elmwood Park, a Northwest suburb of Chicago. The intrinsic value of these locations will drive the sale. 

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ChampaignChicagoclear height propertiesElmwood Park
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