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Venture One Fund Acquires 11,564 Sq. Foot Industrial Building in Addison, Illinois

November 03, 2021

Rosemont, IL – November 3, 2021 Venture One Real Estate through its acquisition fund, VK Industrial V, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 11,564 square-foot industrial building located at 711 Fullerton Avenue in Addison, Illinois. The property is fully leased to three tenants.

The multi-tenant building was constructed in 1983 and sits on 0.46-acres of land. The building is demised into four units, each equipped with 1 drive-in door.

Justin Lerner, Joe Karmin & Ross Lehrman of Transwestern represented the Seller in the transaction.

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.  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.