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Venture One Announces Sale of 1.9M Sq. Foot Industrial Portfolio in Chicago, MSA

February 28, 2020

Rosemont, IL – February 28, 2020 Venture One Real Estate’s VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group, closed on February 28th the sale of a 1.9M square foot, 28-building industrial portfolio to Boston based, Taurus Investment Holdings.

The portfolio consisted of more than 1.9M square feet of industrial, distribution and manufacturing space located across 11 of 19 of Chicago’s submarkets. Venture One Real Estate continues to manage the properties for Taurus.

The sale marks the second time Venture One and Taurus transacted in the past 22 months. In June 2018, Venture One and Taurus recapitalized a 2.9M square foot, 51-building industrial portfolio.

Venture One Real Estate

Venture One Real Estate 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 greater Chicago and New Jersey regions.  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.