Scott McKibben Of Matterhorn Venture Partners Acquires 25,000 SF Industrial Property In Franklin Park

Matterhorn Venture Partners acquired a five-building, 25,000-sf small-bay industrial property located at 10228–10244 Franklin Ave. in Franklin Park, IL. The property is situated within Chicago’s O’Hare submarket, which is known for its tight market conditions.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Square Footage: 25,000
• Address: 10228-10244 Franklin Avenue
• Market: Franklin Park
• Buyer: Scott McKibben - Matterhorn Venture Partners

Scott McKibben, representing Matterhorn Venture Partners, plans targeted upgrades to reposition the asset for lease-up. This acquisition marks the firm's eighth transaction, with this being their second deal in Chicago, bringing their total capitalization to over $85 million.