Mark Goode & Roy Splansky Of Venture One Real Estate Acquire Industrial Building In Chicago

A vacant industrial building at 235 North Artesian Avenue in the Chicago market was involved in this transaction. The asset spans 56,068 square feet and includes features such as three docks, a drive-in door, and parking facilities for 38 cars. The property is set for renovations, including office improvements, warehouse upgrades, and implementing energy-efficient solutions.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 235 North Artesian Avenue
• Market: Chicago
• Square Footage: 56,068
• Buyer: Mark Goode & Roy Splansky - Venture One Real Estate
• Brokers: Cal Kropke & John Huguenard - JLL

The transaction was facilitated by Cal Kropke and John Huguenard representing the undisclosed seller. Venture One Real Estate conducted the acquisition through its fund VK Industrial VII LP to secure the property in Chicago’s Kinzie Industrial Corridor.