Venture One Fund Acquires 37,601 Square Foot Industrial Building In Elmhurst, Illinois

Rosemont, IL – September 12, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 37,601 square foot industrial building located at 744 Oaklawn Avenue in Elmhurst, Illinois. The acquisition was a sale-leaseback.

The building was constructed in 1969 and sits on 1.72-acres of land. It features 18’ clear height, 2 docks, 2 drive-in doors and parking for 45 cars.

Ted Gates and David Prell of CBRE 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-2023

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.