[[{“value”:”
Clear Height Properties and joint venture partner Harbert Management Corporation have completed the disposition of Triangle Corporate Center, a multi-tenant flex industrial property in Elk Grove Village, Illinois. The asset is located at 1400 Elmhurst Road, within one of the Midwest’s most established industrial corridors.
The property sits less than a mile from Interstate 90 and a short drive from O’Hare International Airport, positioning it to serve a wide range of local and regional industrial users. Triangle Corporate Center offers a combination of office and warehouse configurations, as well as private dock loading, giving tenants flexibility in how they occupy and utilize the space.
The building is also equipped with fiber connectivity, which supports modern operational and logistics requirements for industrial and flex users. Its infill location and transportation access provide immediate connectivity to the broader O’Hare-area industrial network.
During its ownership period, Clear Height implemented leasing and operational improvements at Triangle Corporate Center. Those initiatives helped stabilize the property and strengthen its long-term positioning within the O’Hare submarket. The firm framed the transaction as consistent with its broader approach to investing in infill flex industrial assets.
“Triangle Corporate Center represents our strategy of acquiring well-located infill flex industrial assets and executing hands-on management to maximize performance,” said Kevin Bufalino, managing director of asset management at Clear Height Properties. He added that demand in the O’Hare industrial corridor remains durable, particularly for functional multi-tenant product that serves local and regional businesses.
The announcement highlights how asset management and targeted leasing work can enhance the competitiveness of flex industrial properties in supply-constrained, transportation-served submarkets. By stabilizing occupancy and operations, owners can position these assets for long-term relevance in key logistics and distribution nodes.
In a separate note, Clear Height’s news comes as the regional industrial community prepares for Connect Industrial Midwest, where Prologis chief operating officer Carter Andrus is scheduled as the keynote interview. The event is set for Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, Illinois.
The post Clear Height, Harbert Sell Triangle Corporate Center Industrial Property in Elk Grove Village appeared first on CRE Market Beat.
“}]]
