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Venture One Real Estate Acquires Industrial Property In Mundelein For $100.56M

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SOLD

Illinois

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Industrial100,562 SF
Sold 04/01/2020
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Venture One Real Estate Acquires Industrial Property In Mundelein For $100.56M

111 Washington BLVD, Mundelein, IL...

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Industrial100,562 SF
Sold 04/01/2020
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:100,562 SF
Transaction Type:Sale

The industrial building located at 111 Washington Blvd in Mundelein, Illinois spans 100,562 square feet. This property, built in 1973, occupies four acres of land and features a clear height of 18 feet. Additionally, it includes 10 docks and one drive-in door. The single-tenant building was fully leased at the time of sale, with undisclosed purchase price.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Undisclosed
  • Address: 111 Washington Blvd, Mundelein, IL
  • Market: Mundelein
  • Seller's Representative: Marc Samuels (Cushman & Wakefield)
  • Buyer: Venture One Real Estate Through its Acquisition Fund VK Industrial V LP
  • SF: 100562

Marc Samuels of Cushman & Wakefield represented the undisclosed seller in the acquisition deal. The buyer, Venture One Real Estate, made the purchase through its acquisition fund VK Industrial V LP, which is a partnership between Venture One and Kovitz Investment Group.

Players

Marc Samuels
3 deals
BROKER

Venture One Real Estate
BUYER

Details

SOLD
IMAGE: 04/01/2020 ADDRESS: 111 Washington BLVD, Mundelein, IL... MARKET: Mundelein ASSET TYPE: Industrial SELLER'S REP: Marc Samuels(Cushman & Wakefield) BUYER: Venture One Real Estate Through its Acquisition Fund VK Industrial V LP SF: 100562

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