11/18/24

Venture One Fund Acquires 82,619 Square Foot Leased Industrial Building In Port Washington, New York

Rosemont, IL – November 18, 2024 – Venture One Real Estate through its acquisition fund, VK Industrial VII, LP, has closed on the acquisition of an 82,619 square foot industrial building located at 3 Seaview Boulevard in Port Washington, New York.  The property is fully leased to a single tenant.

3 Seaview Boulevard features 40’ clear height, 5 exterior docks, 1 drive-in door and an ESFR sprinkler system. The property is equipped with 1,200 amps of power, a rooftop solar array and a backup generator. 3 Seaview Boulevard is well located in Long Island’s western most industrial park with access to I-495 (Long Island Expressway) via Mineola Avenue; allowing efficient access to service Long Island and New York’s five Borough’s.

Gary Schacker and Roy Finkelstein of United Realty represented the Seller in the transaction.

VK Industrial VII 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.