Venture One Purchases 222,250 Square Foot Industrial Building in Lake County

Chicago, IL – Venture One Real Estate, LLC through its acquisition fund, VK Industrial II, LP, has closed on a 222,250 square foot vacant industrial building at 1817 Kenosha Road in Zion, Illinois.
The building is located at the corner of Kenosha Road and Route 173. It features 20-24’ clear height, high finish office, outside storage/trailer parking, an ESFR sprinkler system and 24 exterior docks. The site contains extra land that can be used for additional car/trailer parking or for building expansion.

Geoff Kasselman, Ryan Kehoe and Melissa Porcelli of Newmark Grubb Knight Frank represented the seller in the transaction. Newmark Grubb Knight Frank has been retained by Venture One to continue marketing the facility.

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.