Clear Height Properties Acquires Industrial Asset On Austin Ave, Morton Grove

A five-building, 666,079-square-foot industrial portfolio was sold in Morton Grove, Illinois. The properties involved in the sale are located at 8220 Austin Ave, Morton Grove. This portfolio is part of the larger metro Chicago market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Buyer: Clear Height Properties
• Buyer's Representative: Matthew Stauber - Colliers International, Thomas Rodeno - Colliers International
• Leasing Status: 85 percent leased
• Number of Tenants: 77
• Notable Tenants: Advocate Health, Amazon, Crawford Murphy & Tilly
• Seller: American Landmark Properties

Colliers International, represented by Patrick Turner, Tom Rodeno, and Matthew Stauber, facilitated the transaction for the buyer, Clear Height Properties. The portfolio includes properties located at various addresses, encompassing a range of tenants across the metro Chicago area.