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Clear Height Properties Leases 20384 SF Industrial Facility In Joliet Represented By Lee & Associates

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LEASED
Michael O’Leary
Dylan Maher
DS
+ 1

Illinois

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Industrial20,384 SF
Leased 02/18/2025
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LEASED

Clear Height Properties Leases 20384 SF Industrial Facility In Joliet Represented By Lee & Associates

2614 Brandon Road

See Similar Deals
Industrial20,384 SF
Leased 02/18/2025
Michael O’Leary
Dylan Maher
DS
+ 1
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:20,384 SF
Transaction Type:Lease

The property asset involved in the context is a 20,384 square foot industrial outside storage (IOS) facility located at 2614 Brandon Road in Joliet, IL. This facility is situated on a five-acre site within the Joliet market, representing a significant industrial asset.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 20,384
  • Address: 2614 Brandon Road
  • Market: Joliet
  • Landlord: Dominic Sergi - Clear Height Properties
  • Landlord's Representative: Dylan Maher & Michael O’Leary - Lee & Associates
  • Tenant's Representative: Brian Morken - Morken & Associates

The deal was facilitated by Lee & Associates, who previously brokered the initial purchase and capital improvements for Clear Height Properties. Brian Morken, representing a regional trucking and logistics company, successfully negotiated on behalf of the tenant in this transaction.

Players

Michael O’Leary
Lee & Associates
Michael O’Leary
5 deals(224) 778-0441
BROKER
Dylan Maher
Lee & Associates
Dylan Maher
5 deals(331) 262-7982
BROKER
Brian Morken
Morken & Associates
Brian Morken
1 deal(630) 817-7815
BROKER
DS
Clear Height Properties
Dominic Sergi
7 deals$76.2M volume
LANDLORD

Details

LEASED
IMAGE: Dylan Maher, Dominic Sergi, Brian Morken & Michael O’Leary DATE: 02/18/2025 ADDRESS: 2614 Brandon Road MARKET: Joliet ASSET TYPE: Industrial ~ SF: 20,384 LANDLORD: Dominic Sergi - Clear Height Properties LANDLORD'S REP: Dylan Maher & Michael O’Leary (@Chicago_Industrial) - Lee & Associates (@LeeAssociatesRE) TENANT'S REP: Brian Morken (@BrianMorken) - Morken & Associates NOTE: Lee & Associates leased a 20,384 SF industrial outside storage (IOS) facility on a five-acre site at 2614 Brandon Road in Joliet, IL, on behalf of owner Clear Height Properties. The Lee & Associates team, which brokered Clear Height’s initial purchase and capital improvements, represented the landlord, while Brian Morken of Morken & Associates represented the tenant, a regional trucking and logistics company.

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Deal Type
Effective Rent (Annual)

$1,168,398.58

Total Lease Value

$11,683,985.79

Net Landlord Cash Flow$1,168,398.58