Rosemont, IL – January 8, 2024 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 94,739 square foot industrial building located at 1 Dodge Drive in West Caldwell, New Jersey. The multi-tenant building is currently 100% leased.

The building features 21’ clear height, 8 docks, 2 drive-in doors, and parking for 164 cars. The property is well located with access to I-80 and Route 46; providing strategic access to the Eastern Seaboard and New York City.

Alex Previdi of Lee & Associates represented the Seller in the transaction.

VK Industrial VI 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.