Rosemont, IL – February 20, 2023 – 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 21,594 square foot industrial building located at 235 Moonachie Road in Moonachie, New Jersey.

The freestanding facility was constructed in 1989 and features 22’ clear height, 2 docks and 3,332 square feet of office. The building is located less than 3.5 miles from I-95 and less than 8.0 miles from Manhattan with direct access via the Lincoln Tunnel and George Washington Bridge.

James McNerney of McBride Corporate Real Estate represented Venture One in the transaction.