IllinoisIndustrial Venture One fund acquires 488,571-SF industrial building in Batavia, IL July 20, 2020 Share on Facebook Share on Twitter Share on LinkedIn Share via email 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 488,571-square-foot industrial building located at 601-605 Kingsland Drive in Batavia, Illinois. The multi-tenant precast building is 100 percent leased to two tenants. The building was constructed in 1996, expanded in 2002 and sits on 26.99 acres of land. It features 20- to 30-foot clear heights, 25 exterior docks, three drive-in doors and parking for 414 cars. Additionally, the property has 7.31 acres of excess land which can accommodate additional car parking, truck parking or a 132,737-square-foot building expansion. Jeff Devine and Steve Disse of Colliers International represented the seller in the transaction.