Rosemont, IL – January 13, 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 41,835 square foot industrial building located at 10430 Argonne Woods Drive in Woodridge, Illinois. The acquisition was a sale-leaseback.
The building was constructed in 2000, expanded in 2017 and sits on 2.00 acres of land. It has 2 docks, 1 drive-in door and parking for 63 cars. Additionally, the property is fully air conditioned and is equipped with 1,200 amps of power.
Sean Henrick of Cushman & Wakefield 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. 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.