9/10/18

Venture One Fund Acquires 61,251 Sq Ft Industrial Building in Lake Forest, IL

Rosemont, IL – September 10, 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 61,251 square foot industrial building located at 13825 W Laurel Drive in Lake Forest, Illinois. The building is 68% leased to one tenant.

The 18’-21’ clear height building was constructed in 1978 and features 3 docks, 2 drive-in doors, and parking for 96 cars. The property sits on 3 acres of land and is equipped a wet sprinkler system, and 4,365 SF of office space.

Brian Bocci of Entre Commercial Realty represented the Seller in the transaction and will be retained by Venture One to market the 19,174 square foot availability.