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
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