Venture One Fund Acquires 32,230 Square Foot Leased Industrial Building In Naperville, Illinois

Rosemont, IL – June 6, 2024 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 32,230 square foot industrial building located at 1053-1057 Shore Road in Naperville, Illinois. The property was 50% leased to one tenant at the time of closing.

The masonry building was constructed in 1989 and sits on 1.63-acres of land. It features 18’ clear height, 2 docks, 2 drive-in doors and parking for 42 cars. Venture One’s planned make ready improvements include new spec office, energy efficient warehouse lights, and a new parking lot.

Ted Gates and Dylan Demaio of CBRE have been hired to market the property.

 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.