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Clear Height Properties, ICP Funds Acquire Illinois Industrial Building
A joint venture partnership between Oak Brook-based real estate investor Clear Height Properties and Houston-based ICP Funds has acquired 10 Davis Drive in Bellwood, Illinois.
The 29,483-square-foot single-tenant light industrial building is long-term leased. Matt Garland of Cawley Commercial Real Estate was the sole broker in the transaction.
The joint venture purchased the Bellwood property from Chicago Glass & Mirror. Built in 1970 and renovated in 2004, the industrial manufacturing facility is situated on a 1.25 The one-story property features 16’ ceiling height, three dock-high doors and one grade-level door.
Clear Height Properties has bought and sold 213 assets totaling nearly $1 billion over the past fifteen years. IN 2025, the firm partnered with private equity real estate manager Long Wharf Capital to acquire an 83,720-square-foot building in Northbrook, Illinois.
Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.
