Rosemont, IL – January 9, 2020 – Venture One Real Estate through its acquisition fund, VK Industrial V, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of an 80,704 square foot industrial building located at 31 Presidential Drive in Roselle, Illinois. The single-tenant building was 100% leased at acquisition.
The 18’ clear height building was constructed in 1992 and sits on 5.17 acres of land. It features 5 docks, 3 drive-in doors, 3,200 amps of power and parking for 232 cars.
Jeff Janda and Jeff Galante of Lee & Associates represented the Seller in the transaction.