11/21/22

Venture One Fund Acquires 67,048 Square Foot Leased Industrial Building In Totowa, New Jersey

Rosemont, IL – November 21, 2022 – 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 67,048 square foot industrial building located at 5 Taft Road in Totowa, New Jersey.  The property is fully leased to two tenants.

5 Taft Road features 20’ clear height, 6 exterior docks, 2 drive-in doors, and an additional 0.60 acres of secured and fenced outdoor storage. The property is less than 1 mile from the interchange of I-80, Route 46 & Route 23.

Jeffrey Fulton and Ed Schein of Team Resources represented Venture One in the transaction.