Venture One Real Estate through its acquisition fund, VK Industrial VII, LP, closed on the acquisition of a 59,611-square-foot multi-tenant industrial building at 1150-1170 Allanson Road in Mundelein, Illinois.
The multi-tenant property was 100% leased at closing.
The building was constructed in 1977 and is currently demised into three units. It features four docks, two drive-in doors, and has parking for over 91 cars.
Jeff Devine and Tyler Ziebel of Colliers International represented the seller in the transaction.
