Lee & Associates, one of the largest national commercial real estate providers in North America, leased a 20,384-square-foot industrial outside storage (IOS) facility at 2614 Brandon Road in Joliet, ILL. The IOS building is located on a five-acre site.
Dylan Maher, senior vice president, Michael O’Leary, executive vice president, and Brian Vanosky, principal at Lee & Associates’ Illinois office, represented the owner, Clear Height Properties. The Lee & Associates team also brokered the transaction when Clear Height purchased the site from a family-owned trucking company. Shortly after acquisition, Clear Height completed significant capital improvements to better suit the current market demand. According to Maher, properly zoned, functional and strategically located IOS properties are uniquely positioned to capitalize on the continued growth of e-commerce on both local and national levels.
Brian Morken of Morken & Associates represented the tenant, a regional trucking and logistics company.
“It was a pleasure working with Clear Height Properties to help them secure a quality tenant for their IOS property in Joliet,” Maher said. “Thanks to all parties involved for their efforts in finalizing this transaction.”
About Lee & Associates
Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog. For more Lee & Associates of Illinois happenings, connect with us on LinkedIn, Twitter and Instagram.
