Rosemont, IL – May 16, 2019 – 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 83,828 square foot industrial building located at 2855 Shermer Road in Northbrook, Illinois. The single-tenant building was 100% leased at acquisition.
The building was constructed in 1970 and sits on 5.01 acres of land. It features 9 exterior docks, 2 drive-in doors, 2,400 amps of power and parking for 106 cars.
Steve Goode of Four Corners Realty, LLC represented the Seller in the transaction.