Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 16,200-square-foot industrial building located at 179 Easy Street in Carol Steam, Illinois. The single-tenant building was 100 percent leased at acquisition.
The property was constructed in 1994 and sits on 1.21 acres of land. The building features two exterior docks, six drive-in doors and 2,335 square feet of office space. Jack Brennan of Cawley Chicago Commercial Real Estate represented the seller in the transaction.