8/31/23

Venture One Fund Acquires 34,052 Square Foot Multi-Tenant Industrial Building In Bensenville, Illinois

Rosemont, IL – August  31, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 34,052 square foot multi-tenant industrial building located at 601-701 Frontier Way in Bensenville, Illinois. The building is fully leased to four tenants.

The multi-tenant building was constructed in 1988 and sits on 1.75-acres of land. It features 2 docks, 2 drive-in doors, parking for 41 cars and is fully sprinklered.

Kelly Joyce and Anne Dempsey of Colliers International 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 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 Chicago MSA and Northeast Industrial Region. Principals of Venture One have over $7 billion of transactional experience. For further information go to www.VentureOneRE.com.