Venture One Real Estate has closed on the acquisition of a 34,650-square-foot multi-tenant industrial building in Batavia, Illinois, through it’s acquisition fund, VK Industrial III, LP, a partnership between Venture One and Kovitz Investment Group.
The property located at 1890-1896 Suncast Lane is fully leased to MV Public Transportation and PMI Energy Solutions. The 21′ clear precast building was constructed in 2006 on a large three-acre site offering heavy parking and outdoor storage.
Amenities of the building include 7,200 square feet of modern office, three exterior docks, six drive-in doors, and interior floor drains. Sean Bostrom of Nicolson, Porter & List represented Venture One in the transaction.
