Rosemont, IL – November 30, 2016 – Venture One Real Estate through its acquisition fund, VK Industrial III, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 56,079 square foot multi-tenant industrial building located at 940-950 Greenleaf Ave in Elk Grove Village, Illinois. The property is located in the O’Hare submarket of Chicago and is currently 43% occupied.

The building features five loading docks, one drive-in-door, 4,149 square feet of office and 26 car parking spaces.

Matt Stauber, Thomas Rodeno and Patrick Turner of Colliers represented the seller in the transaction and will be retained by Venture One to market the property.