Venture One Purchases 20,770 Square Foot Industrial Building in St. Charles

Chicago – Venture One Real Estate, LLC, through its acquisition fund, VK Industrial II, LP has closed on a 20,770 square foot fully leased industrial building at 3705 Stern Avenue/612 Stetson Avenue in St. Charles, Illinois.
The two tenant industrial building was built in 1987 and features 16’ clear ceilings and 5,148 square feet of office space with an above standard finish. Located on an attractive corner lot, each unit contains one interior dock and one drive in door with direct access to separate streets.

The property is fully leased by Unitronex Corp. and UV Specialties who have been in the building since 2006 and 2011, respectively.

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.