Venture One Real Estate through its acquisition fund, VK Industrial V, LP, closed on the acquisition of a 151,474-square-foot industrial building on up to 36.7 acres located at 3535 Oakes in Mount Pleasant, Wisconsin. The property was vacant at acquisition.
The building was constructed in 2007 and sits on 11.7 acres of land and includes a 5-acre secured concrete storage yard. It features 21.5′ clear height, 6 exterior docks (expandable), 2 drive-in doors and 8,372 square feet of office space. The building is equipped with an ESFR sprinkler system, and LED lighting. The secured concrete lot can accommodate up to 301 car parking, 112 trailer stalls or outdoor storage.
The site can accommodate additional outdoor storage, parking or an industrial built to suit on an adjacent 25-acre parcel.
Brian Bocci of Entre Commercial Realty represented the Venture One in the transaction and will be retained to market the property.