Rosemont, IL – November 8, 2022 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 14,300 square-foot industrial building located at 7110-7112 Airport Highway in Pennsauken, New Jersey. The property is fully leased to a single tenant.
The building was constructed in 1978 and features 5 exterior docks and 20 car parking stalls. The property is equipped with 3,188 SF of office space and is located 3.4 miles from the Benjamin Franklin Bridge and 6.0 miles from I-295.
Mike Torsiello of Binswanger represented the Seller in the transaction.