Venture One Acquires 34,650 Square Foot Industrial Building in Des Plaines, Illinois

Rosemont, IL – April 7, 2016 – Venture One Real Estate through its acquisition fund, VK Industrial III, LP has closed on the acquisition of a 34,650 square foot industrial building located at 350 Howard Avenue in Des Plaines, Illinois. The property is fully leased to Cozzini Bros.The free standing building is located on a 2.2 acre site just north of I-90. Amenities of the building include three docks, 7,165 square feet of high-image office, an interior garage with floor drains designed for parking a fleet of small delivery vehicles, and a secured parking lot. Patrick Turner and Thomas Rodeno of Colliers International represented the seller in the transaction.

Venture One Real Estate

Venture One is a real estate private equity fund manager, developer and operating company specializing in the industrial property sector. Headquartered in Chicago, Venture One manages a series of discretionary value-add investment funds that target opportunities throughout the Chicago MSA and Northeast Industrial Region. Principals of Venture One have over $7 billion of transactional experience. For further information go to www.VentureOneRE.com.