ROSEMONT, IL – July 10, 2025 – Venture One Real Estate, through its acquisition fund VK Industrial VII, LP, has closed on the acquisition of a 22,698 square foot industrial building located at 150 Central Avenue in Teterboro, New Jersey.

The property features 20’ clear height, 2 exterior docks, and 3 oversized drive-in doors. 150 Central Avenue is located in the heart of the Meadowlands with direct access to Route 46 and close proximity to I-80 and I-95 (NJTP).

Leo Josephs and Joshua Meisner of Leo Josephs & Company, Inc. represented Venture One in the transaction.

VK Industrial VII is co-sponsored by Venture One Real Estate and Kovitz Investment Group. The fully discretionary fund targets industrial acquisitions in the Chicago, Northeast, and Florida markets.