ROSEMONT, IL – September 29, 2020 – Venture One Real Estate today announced the groundbreaking of Route 60 Logistics Center, a 195,375 square foot, infill logistics facility located 1300 Allanson Road in Mundelein, IL. The building is scheduled for delivery the second quarter of 2021.
Route 60 Logistics Center is a well-positioned facility within Mundelein and 5 miles from a full I-94 interchange. Located in the land constrained Lake County submarket, prospective tenants will have access to one of the MSA’s deepest and most dynamic labor and consumer pools. Designed to accommodate multiple users, the modern precast building will provide tenants modern functionality with amenities such as 36’ clear height, on site trailer parking and ample car parking while maintaining low Lake County taxes.
Chris Volkert, Ned Frank and Pat Hake of Colliers have been retained to market Route 60 Logistics Center on behalf of Venture One. Meridian Design Build is the General Contractor. For more information, please visit www.Route60LogisticsCenter.com.
About 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 Midwest, owns and manages over 8 million square feet and controls over 900 acres of land in corporate business parks in the greater Chicagoland area. Principals of Venture One have over $6 billion of transactional experience. For more information, visit www.VentureOneRE.com.