CHICAGO –Venture One Real Estate in Partnership with DRA Advisors has closed on a 517,000 square foot industrial facility located at 6750 Daniel Burnham Drive in Portage, Indiana.
The building was built in 2003 and features 30’ clear ceilings, 48 docks (expandable), and over 120 potential trailer parking stalls.
141,000 square feet are vacant and can be demised into two spaces. The vacancy has 19 docks and can offer trailer parking and heavy car parking ratios.
Brian Vanosky, Tim McCahill and Justin Fierz of Lee and Associates represented the seller and will be retained to market the building for Venture One.
Venture One has acquired over 4,400,000 square feet of industrial property in over 35 separate transactions since of 2010.
Venture One Real Estate, LLC is a Chicago-based national commercial real estate company that acquires, develops, leases, and manages industrial and office properties on its own behalf and on behalf of investment partners. Venture One also provides real estate advisory services to buyers and sellers of investment properties and portfolios on a national basis.
DRA Advisors is a registered investment advisor specializing in real estate investment and management services for institutional and private investors. DRA currently has over $10.5 billion in assets under management.