Venture One Real Estate has successfully acquired a 131,998-square-foot industrial portfolio distributed across the Chicago metropolitan area. The strategic transaction was completed through the firm’s dedicated acquisition vehicle, VK Industrial VII, LP.
At the closing date, the entire three-building collection achieved a remarkable 100% occupancy rate. This acquisition highlights ongoing investor confidence in resilient regional architecture sectors throughout the Midwest.
Portfolio Breakdown and Tenant Composition
The newly acquired portfolio consists of a balanced mix of single- and multi-tenant industrial properties. Individual building footprints range in size from 38,413 up to 52,821 square feet.
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Asset Details
Currently, the properties are leased to five distinct tenants with operational unit demands varying between 18,470 and 52,821 square feet. Real estate experts often review architecture articles to understand how such flexible layouts maintain high occupancy.
Key properties within the transaction include a 40,764-square-foot multi-tenant building at 160 Windsor Drive and a 38,413-square-foot facility at 170 Prairie Lake Road, both located in East Dundee, Illinois. Both structures were originally constructed in 2001 and feature functional precast designs.
Transaction Execution and Market Impact
The third asset featured in the portfolio is a 52,821-square-foot single-tenant facility situated at 9645 Willow Lane in Mokena, Illinois. Industrial assets like these frequently serve as essential case studies for modern home design and commercial space planning.
During the transaction process, the seller was officially represented by the brokerage team of Joe Horrigan, Zach Graham, and Ryan Bain of CBRE. This acquisition further solidifies the footprint of VK Industrial VII, LP within a highly competitive regional market.
Here is the source article for this story: Venture One Real Estate acquires 131,998-square-foot industrial portfolio in Chicago market
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