Clear Height Properties And Long Wharf Capital Acquire Industrial Building In Elk Grove Village

1400 Morse Avenue is a 91,937-square-foot industrial building located in Elk Grove Village, Illinois, within Chicago's O'Hare Submarket. The property features 20-foot ceilings, 9,700 square feet of office/showroom space, and includes 8 dock-high doors. It also provides parking for nearly 100 vehicles.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 1400 Morse Avenue
• Market: Elk Grove Village
• Buyers: Dominic A. Sergi - Clear Height Properties; Michael Elizondo & Jeffrey Gandel - Long Wharf Capital
• Buyer's Representatives: Harrison Taylor, Mark Baumhart & Terry Herlihy - NAI Hiffman
• Seller's Representatives: Bill Lussow & Matt Kelly - Bespoke Commercial Real Estate

Clear Height Properties and Long Wharf Capital completed the acquisition of this industrial asset, showcasing a strategic investment in the Elk Grove Village market. The transaction was facilitated by the representatives from NAI Hiffman for the buyers and Bespoke Commercial Real Estate for the seller.