Rosemont, IL – September 22, 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 11,576 square foot industrial building located at 691 Country Club Drive in Bensenville, Illinois. The acquisition was a sale-leaseback with Graphic Engravers, Inc.
The building was constructed in 1979 and sits on 0.69 acres of land. It has 2 docks, 1 drive-in door and parking for 22 cars. The property is fully air conditioned and is equipped with 800 amps of power.
Jack Brown, Tyler Sharp and Adam Abushagur of Marcus & Millichap 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.