11/8/16

Venture One Acquires 51,773 Square Foot Industrial Building In Woodridge, IL

Rosemont, IL – November 8, 2016 – Venture One Real Estate (“Venture One”) through its acquisition fund, VK Industrial III, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 51,773 square foot industrial building located at 10321 Werch Drive in Woodridge, IL. The property is 75% occupied with a 12,800 vacant unit.
The 24’ clear precast building was constructed in 2000 and is located just minutes from the I-55/I-355 interchange in Chicago’s I-55 submarket. The available unit offers users amenities such as LED warehouse lighting, 2 dock high doors, 1 drive in door and 2,500 SF of new office space.

Jim Estus of Colliers International represented the seller in the transaction.

For leasing information, please contact Ryan Earley, Terry Grapenthin and Jeff Galante at Lee & Associates.

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.