2/16/23

Venture One Fund Acquires 94,262 Square Foot Industrial Building In Elk Grove Village, Illinois

94,262 sf Elk Grove site on Landmeier Rd with docks and trucks, by Venture One

Rosemont, IL – February 16, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 94,262 square foot industrial building located at 2121 Landmeier Road in Elk Grove Village, Illinois. The acquisition was a sale-leaseback.

The building was constructed in 1966 and sits on 4.65-acres of land. It features 18’ clear height, 6 exterior docks, 4 interior docks, 2 drive-in doors and parking for over 100 cars and 10 trailer stalls.

Phil Reiff of JLL represented the Seller in the transaction.