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11264 South Corliss Avenue

Venture One Real Estate Acquires 145182 SF Industrial Facility In Chicago Fully Leased To Polyair
SOLDIndustrial

Venture One Real Estate Acquires 145182 SF Industrial Facility In Chicago Fully Leased To Polyair

11264 South Corliss Avenue

Building Size

145,182 SF

Asset Type

Industrial

Closing

Jul 14, 2025

AI

Venture One acquired an industrial facility at 11264 South Corliss Avenue in Chicago. The asset encompasses a total of 145,182 square feet and is fully leased to Polyair, which has signed a new 10-year lease.

Summary of transaction details:

Avison Young represented the seller in this transaction. The deal was finalized on 07/14/2025, marking an important acquisition for Venture One. The long-term lease with Polyair adds stability to the investment.

Players

Erik Foster

Avison Young

Broker

$104.8M

vol

3 deals

Broker
Avison Young
Avison YoungBrokerage
Mark Goode

Mark Goode

Venture One Real Estate

Buyer

$306.9M

vol

12 deals

Buyer
Venture One Real Estate
Venture One Real EstateBuyer

Chicago Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93