Rosemont, IL – April 3, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 26,661 square foot industrial building located at 1045 National Avenue in Addison, Illinois. The masonry building is leased to one tenant.
The building was constructed in 1976 and sits on 1.20-acres of land. It features 15’ clear height, 1 dock, 2 drive-in doors, parking for 28 cars and 3,421 square feet of office space.
Joe Karmin, Justin Lerner and Ross Lehrman of Transwestern represented the Seller in the transaction.
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.