Rosemont, IL – October 3, 2018 – Venture One Real Estate through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 55,565 square foot industrial building on 2.19 acres located at 466 Vista Avenue in Addison, Illinois. The single-tenant building was 100% leased at acquisition.
The property, was constructed in 1965 and expanded in 1988. It features 4 exterior docks, 1 drive-in door and 4,087 square feet of office space.
Adam Marshall and Boris Shraybman of Newmark Knight Frank represented the Seller in the transaction.