9/8/25

Venture One Fund Acquires 33,134 Square Foot Low Coverage Industrial Portfolio In Queens, New York

ROSEMONT, IL – SEPTEMBER 8, 2025 – Venture One Real Estate, through its acquisition fund, VK Industrial VII, LP, has closed on the acquisition of a 33,134 square foot industrial portfolio located at 89-02 Atlantic Ave in Queens, New York.  The portfolio was fully leased at closing.

The portfolio features eight drive-in doors, 1,400 amps of power, and a 56% building coverage on 1.36 acres of land. 89-02 Atlantic Ave is well located in Queens at the intersection of Atlantic Ave & Woodhaven Blvd, allowing efficient access to two main arteries throughout Brooklyn & Queens.

Ranee Jaber and Mathew Diana of DY Realty Group, LLC represented the seller in the transaction.

VK Industrial VII 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.