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**Clear Height Properties and ICP Funds Acquire Industrial Property in Bellwood, Illinois**
A joint venture between Oak Brook-based real estate investment firm Clear Height Properties and Houston-based ICP Funds has acquired a light industrial building located at 10 Davis Drive in Bellwood, Illinois.
The 29,483-square-foot facility is a single-tenant, light industrial property that is currently under a long-term lease. Matt Garland of Cawley Commercial Real Estate acted as the sole broker for the transaction.
Previously owned by Chicago Glass & Mirror, the property was originally constructed in 1970 and underwent renovations in 2004. Situated on a 1.25-acre parcel, the one-story building features a 16-foot ceiling height, three dock-high doors, and one grade-level door, making it suitable for various industrial and manufacturing uses.
Clear Height Properties has a strong track record, having acquired and disposed of 213 assets totaling nearly $1 billion over the past 15 years. In 2025, the firm partnered with Long Wharf Capital, a private equity real estate manager, to acquire an 83,720-square-foot building in Northbrook, Illinois.
Industry stakeholders can look forward to hearing from Carter Andrus, Chief Operating Officer of Prologis, who will be the keynote speaker at Connect Industrial Midwest. The event takes place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, Illinois.
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