Rosemont, IL – July 18, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 28,952 square foot industrial building located at 725 Edgewood Avenue in Wood Dale, Illinois. The building is 100% leased to one tenant.
The building was constructed in 1980 and sits on 1.29-acres of land. It features 19’ clear height, 2 docks, 2 drive-in doors, parking for 30 cars and 2,771 square feet of office space.
Joe Bronson of NAI Hiffman 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.
Venture One Real Estate
Venture One Real Estate 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 greater Chicago, Northeast, and Florida markets. For further information go to www.VentureOneRE.com.