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 a 196,300 square-foot industrial building at 10550 86th Ave. in Pleasant Prairie, Wisconsin.
The property was partially leased to two tenants at the time of acquisition.
The Class-A multi-tenant precast building sits on 11.63 acres of land. The building features 20 exterior docks, three drive-in doors, parking for 160 cars, 35-foot clear height and an ESFR sprinkler system. The building is located in the LakeView Corporate Park.
Mike Tenteris, Adam Tyler and Keith Puritz of Cushman & Wakefield represented the seller in the transaction. Keith Puritz, Eric Fischer and Marc Samuels will be retained to market the remaining 47,932-square-foot unit for Venture One.
