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David Luski Of DRA Advisors Acquires Industrial Portfolio From Mark Goode And Roy Splansky For $200M

Property Image
SOLD
$200,000,000
Mark Goode

Illinois

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Industrial
Sold 03/26/2026
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Property Image
SOLD

David Luski Of DRA Advisors Acquires Industrial Portfolio From Mark Goode And Roy Splansky For $200M

Industrial
Sold 03/26/2026
Mark Goode
Contact now

Summary

Asset Type:Industrial
Transaction Type:Sale

DRA Advisors acquired 32 industrial properties across the Chicago area, specifically in markets such as Mundelein, Buffalo Grove, Elk Grove Village, and several others. The asset type involved in this transaction is industrial, with a sale price of $200,000,000. The deal was financed with a loan of $245 million from Wells Fargo.

Summary of transation details:

This transaction demonstrates the institutional confidence in the Chicagoland industrial market. DRA Advisors' acquisition reflects a strategic shift away from office and retail assets toward warehouses, distribution, and flex industrial properties.

Players

David Luski
33 deals$3.3B volume
BUYER


Mark Goode
Venture One Real Estate
10 deals$260.9M volume
SELLER

Wells Fargo
LENDER

Details

SOLD
IMAGE: Mark Goode, Roy Splansky & David Luski DATE: 03/26/2026 ADDRESS: Industrial Portfolio MARKET: Mundelein, Buffalo Grove, Elk Grove Village, Morton Grove, Harwood Heights, Niles, Melrose Park, Wheeling, Chicago, Bedford Park, Elgin, Bensenville, Naperville, Elmhurst, West Chicago, Addison, Wood Dale, Burr Ridge, Romeoville & Bolingbrook ASSET TYPE: Industrial BUYER: David Luski - DRA Advisors SELLER: Mark Goode & Roy Splansky - Venture One Real Estate LENDER: Wells Fargo (@WellsFargo) SALE PRICE: $200,000,000 NOTE: DRA Advisors acquired 32 industrial properties across the Chicago area from Venture One Real Estate for just over $200 million, financed with a $245 million loan from Wells Fargo.The purchase underscores institutional confidence in Chicagoland’s industrial market and reflects DRA’s ongoing shift away from office and retail assets toward warehouses, distribution, and flex industrial properties.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$10,666,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$710,557.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$948,102.04
Annual Debt Service$11,377,224.42