Rosemont, IL – August 19, 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 179,508 square foot industrial building located at 6900 Austin Avenue in Niles, Illinois. The precast building is 100% leased to one tenant.
The building was constructed in 1980 and sits on 6.80-acres of land. It features 21’ clear height, 9 docks, 1 drive-in door, parking for 120 cars and 4,820 square feet of office space. Additionally, it is fully air conditioned and has food grade improvements.

Christopher Volkert, SIOR of Colliers International represented the Seller in the transaction.