Venture One Real Estate through its acquisition fund VK Industrial III, LP, has closed on the acquisition of a 56,079-square-foot multi-tenant industrial building at 940-950 Greenleaf Ave in Elk Grove Village, Illinois.
The property is located in the O’Hare submarket of Chicago and is currently 43 percent occupied.
The building features five loading docks, one drive-in-door, 4,149 square feet of office and 26 car parking spaces.
Matt Stauber, Thomas Rodeno and Patrick Turner of Colliers represented the seller in the transaction and will be retained by Venture One to market the property.