Jones Lang LaSalle Americas (Illinois), L.P. (JLL), as exclusive advisor to Clear Height Properties (the Sponsor), is pleased to offer qualified investors the opportunity to recapitalize the CHP Chicago Light Industrial Portfolio. The opportunity will consist of a new joint venture partnership (the Venture) between Sponsor and qualified investor with the Portfolio acting as an initial investment. The Venture will be expected to be grown and expanded through additional industrial investments throughout the Chicago MSA. The initial Portfolio consists of 1,021,422 square feet of light industrial space spread across eighteen (18) assets in various infill locations.
· Strategic infill locations
· Diverse tenancy with high retention rate
· 60% below replacement cost
· Strong Chicago industrial sponsor with fully integrated platform