2/8/19

Venture One Fund Acquires 3.91 Acre Logistic Property in Addison, Illinois

Rosemont, IL – February 8, 2019 – Venture One Real Estate through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 3.91 acre property located at 745 S Rohlwing in Addison, Illinois. The property was 100% leased at acquisition.
The property sits on 3.91 acres of land and features a 14,159 SF truck repair/maintenance facility equipped with 6,424 SF of existing office. The 19’ clear height building features 2 exterior docks, 2 drive-in doors, floor drains and a wet sprinkler system. The site can accommodate 65+ trailers and 30+ car parking.

“We see an opportunity to acquire and are actively pursuing well located, functional logistics properties like 745 Rohlwing,” said Matt Goode, Principal with Venture One. “These facilities can include land sites for storage, transload facilities, maintenance facilities, fleet storage sites, and truck terminals.”

Adam Haefner, Zeke Rowan and Marty Makatis of Darwin Realty 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.