Rosemont, IL – September 5, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 30,963 square foot multi-tenant industrial building located at 851 Industrial Drive in Elmhurst, Illinois. The building is fully leased to seven tenants.
The multi-tenant building was constructed in 1980 and sits on 1.50-acres of land. It features 7 docks and parking for 36 cars. Each unit has its own dock and office area.
Joe Bronson and Paddy Dwyer 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.