Rosemont, IL – April 7, 2016 – Venture One Real Estate through its acquisition fund, VK Industrial III, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 34,650 square foot multi-tenant industrial building located at 1890-1896 Suncast Lane in Batavia, Illinois. The property is fully leased to MV Public Transportation and PMI Energy Solutions.
The 21’ clear precast building was constructed in 2006 on a large three-acre site offering heavy parking and outdoor storage. Amenities of the building include 7,200 square feet of modern office, three exterior docks, six drive-in doors, and interior floor drains.
Sean Bostrom of Nicolson, Porter & List represented Venture One in the transaction.