Venture One Fund Acquires 14,300 Square Foot Leased Industrial Building In Pennsauken, New Jersey

Rosemont, IL – November 8, 2022 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 14,300 square-foot industrial building located at 7110-7112 Airport Highway in Pennsauken, New Jersey.  The property is fully leased to a single tenant.

The building was constructed in 1978 and features 5 exterior docks and 20 car parking stalls. The property is equipped with 3,188 SF of office space and is located 3.4 miles from the Benjamin Franklin Bridge and 6.0 miles from I-295.

Mike Torsiello of Binswanger represented the Seller in the transaction.

Kovitz Investment Group

Kovitz Investment Group® (KIG), is an independently-managed, registered investment adviser, founded in 2003. KIG is dedicated to providing best-in-class investment and wealth management solutions for high net worth individuals and their families, family offices, institutions, and financial professionals. For more information, please visit www.Kovitz.com.