Chicago & Midwest + Greater Chicagoland + Industrial | October 24, 2022

8220 Austin Ave. is an industrial property in Morton Grove, IL

Clear Height Properties’ Leasing Rises 127% Y-O-Y in Q3

Clear Height Properties has completed 31 new and renewal leases totaling 175,538 square feet in the third quarter of 2022 and has completed 85 leases totaling 425,000 square feet year to date. The Q3 total is up 127% year-over-year, the Oak Brook, IL-based company said.

“We are continuing to see strong new and renewal activity across the portfolio and have not needed to veer from our original business plans,” said Max Hoye, director of leasing at Clear Height. “The economic impacts of interest rate increases are still being filtered through the economy and we will closely monitor how that affects our buildings and tenant base.

“Clear Height is a nimble operator that understands the Chicago market well and our sound business practices will ensure our ability to serve tenants for years to come,” he continued.

Pictured: 8220 Austin in Morton Grove, IL.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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