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500 Industrial Drive

Dominic Sergi Of Clear Height Properties And Raymond J. Harbert Acquire Industrial Property In Bensenville
SOLDIndustrial

Dominic Sergi Of Clear Height Properties And Raymond J. Harbert Acquire Industrial Property In Bensenville

500 Industrial Drive

Building Size

15,126 SF

Asset Type

Industrial

Closing

Aug 18, 2025

AI

Clear Height Properties and Harbert US Real Estate acquired an industrial building at 500 Industrial Drive, located in the market of Bensenville, IL. The property spans 15,126 square feet and was constructed in 1981, situated in O’Hare’s industrial hub.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 500 Industrial Drive
  • Market: Bensenville
  • Square Footage: 15,126
  • Buyer: Dominic Sergi - Clear Height Properties
  • Buyer: Raymond J. Harbert - Harbert US Real Estate
  • Broker: Jacob Friedman - Matthews Real Estate Investment Services

This transaction highlights Clear Height’s recent success with over 200 deals totaling $95 million and showcases Harbert’s extensive portfolio, which includes $8.1 billion in assets managed.

Players

Jacob Friedman

Matthews

Broker

$5.3M

vol

2 deals

Broker
Matthews
Matthews Brokerage

Dominic Sergi

Clear Height Properties

Buyer

$76.2M

vol

7 deals

Buyer
Clear Height Properties
Clear Height PropertiesBuyer

Bensenville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93