Cawley Commercial Real Estate is pleased to announce its role in the successful sale‑leaseback acquisition of 10 Davis Drive in Bellwood, Illinois. The 29,564 square‑foot, single‑tenant light industrial property was acquired by a joint venture partnership between Oak Brook‑based Clear Height Properties and Houston‑based ICP Funds.
Cawley CRE’s Matt Garland served as the sole broker in the transaction.
The long‑term leased facility was purchased from Chicago Glass & Mirror, which will continue to occupy the building under the new ownership structure. Built in 1970 and renovated in 2004, the one‑story industrial manufacturing facility sits on 1.25 acres and includes 7,500 square feet of office space. The building features a functional layout designed to support modern operational needs, offering 16-foot clear height, three dock‑high doors, and one grade‑level door.
“This transaction reflects the strong investor appetite for stabilized industrial assets in highly accessible Chicago submarkets,” said Matt Garland, Senior Vice President at Cawley CRE. “We’re proud to have facilitated a smooth sale‑leaseback that delivers long‑term value for both ownership and the tenant.”
This acquisition highlights Cawley CRE’s continued leadership in industrial, manufacturing, and investment transactions, delivering strategic outcomes for clients across the Chicagoland area.
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