Venture One Purchases Industrial Building in Elmhurst

Chicago – Venture One Real Estate, LLC, through its acquisition fund, VK Industrial II, LP, has closed on a 37,540 square foot industrial building at 877 North Larch in Elmhurst, Illinois. The building was purchased from GC Dies who will lease it back from on a long term basis.
The single-tenant industrial building is fully air-conditioned and has four loading docks, 3,900 SF of high end office and parking for 60 cars.

Christopher Volkert of Colliers International represented the seller in the 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.