Rosemont, IL– June 27, 2022 – Venture One Real through its acquisition fund, VK Industrial VI, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 50,061 square foot industrial building located at 889 Waverly Avenue in Holtsville, New York. The property is fully leased to a single tenant.
The building was constructed in 1981 and features 20’ clear height, 5 exterior docks, 1 drive-in door, and 3,140 square feet of office space.
Tommy Rosati, Jason Maietta and Brandon Lichtenstein of Colliers International represented the Seller in transaction.
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.
Kovitz Investment Group
Kovitz Investment Group® (KIG), is an independently-managed, registered investment adviser, founded in 2003. KIG is dedicated to providing best-in-class investment and wealth management solutions for high net worth individuals and their families, family offices, institutions, and financial professionals. For more information, please visit www.Kovitz.com.