Rosemont, IL – September 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 29,898 square-foot industrial building located at 3545-3555 Stern Avenue in St. Charles, Illinois. The Seller, Enginuity Communications Corporation, will leaseback approximately 15,428 SF. The remaining 14,470 SF is leased.
The multi-tenant building was constructed in 1988 and sits on 2.00-acres of land. The building is demised into two units. It has 2 docks, 3 drive-in doors, parking for 70 cars, and is fully air conditioned.

John Hamilton of CBRE represented the seller in the transaction.