Rosemont, IL – July 18, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 28,952 square foot industrial building located at 725 Edgewood Avenue in Wood Dale, Illinois. The building is 100% leased to one tenant.
The building was constructed in 1980 and sits on 1.29-acres of land. It features 19’ clear height, 2 docks, 2 drive-in doors, parking for 30 cars and 2,771 square feet of office space.
Joe Bronson of NAI Hiffman represented the Seller in the transaction.
VK Industrial VI is co-sponsored by Venture One Real Estate and Kovitz Investment Group. The fully discretionary fund targets industrial acquisitions in the Chicago, Northeast and Florida markets.