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Venture One Fund Acquires 196,300 Square-foot Industrial Building in Pleasant Prairie, Wisconsin

March 15, 2022

Rosemont, IL – March 15, 2022 – 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 196,300 square-foot industrial building located at 10550 86th Avenue in Pleasant Prairie, Wisconsin. The property was partially leased to two tenants at the time of acquisition.

The Class A multi-tenant precast building sits on 11.63-acres of land. The building features 20 exterior docks, 3 drive-in doors, parking for 160 cars, 35’ clear height and an ESFR sprinkler system. The building is located in the LakeView Corporate Park.

Mike Tenteris, Adam Tyler and Keith Puritz of Cushman & Wakefield represented the Seller in the transaction. Keith Puritz, Eric Fischer and Marc Samuels will be retained to market the remaining 47,932 SF unit for Venture One.

 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.