Venture One Real Estate through its acquisition fund VK Industrial VII, LP, has closed on the acquisition of a 37,287-square-foot industrial building at 857 Larch Ave. in Elmhurst, Illinois.
The single-tenant property is leased on a short-term basis and will be available for lease in September of 2025.
The building was constructed in 1970 and sits on 1.72-acres of land. It features 16’ clear height, 2 docks, 2 oversized drive-in doors, parking for over 21 cars and an additional 0.40-acres of secured yard for outdoor storage or additional parking.
Joe Karmin, Justin Lerner and Ross Lehrman of Transwestern represented the seller and will be retained to market the property for Venture One.
