CHICAGO – Venture One Real Estate, LLC, through its acquisition fund, VK Industrial II, LP, has closed on a 37,540 square foot industrial building at 877 North Larch in Elmhurst, Illinois. The building was purchased from GC Dies who will lease it back from on a long term basis.
The single-tenant industrial building is fully air-conditioned and has four loading docks, 3,900 SF of high end office and parking for 60 cars.
Christopher Volkert of Colliers International represented the seller in the transaction.
Venture One Real Estate, LLC is a Chicago-based national commercial real estate company that acquires, develops, leases, and manages industrial and office properties on its own behalf and on behalf of investment partners. Venture One also provides real estate advisory services to buyers and sellers of investment properties and portfolios on a national basis.