Rosemont, IL – APR 16, 2024 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 197,600 square foot, 3-building industrial portfolio located at 1200, 1210, & 1220 SW 35th Avenue in Boynton Beach, Florida. The portfolio was over 90% leased at closing with one 9,200 SF vacant unit.
The Class A buildings were constructed between 2000 and 2019 and feature 30-35’ clear heights, ESFR sprinklers and a combination of dock high and drive-in loading positions. Suites range from 9,000 SF to 44,000 SF, with a majority having AC throughout the warehouse. The portfolio is well located in south Palm Beach County along the I-95 corridor.
Mike Davis, Dominic Montazemi, and Greg Miller of Cushman & Wakefield represented the Seller in the transaction.
Christopher Thomson, Matthew McAllister, and Eric Cantor of Cushman & Wakefield have been retained by Venture One to market the property for lease.
VK Industrial VI 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.
