Rosemont, IL – December 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 68,676-square foot, 2-building industrial property located at 1555-1567 Frontenac Road in Naperville, Illinois. The acquisition was a sale-leaseback.
The buildings were constructed in 1980 and are adjoined by a fenced 0.8-acre concrete storage yard. The property features 18’ clear height, 7 docks, 6 drive-in doors and parking for 42 cars.
Justin Lerner and Joe Karmin of Transwestern represented Venture One in the transaction.