Venture One Real Estate Acquires Property At 6450 W Cortland St Chicago With Seller's Reps Elise Couston And Jimena Sayavedra

Venture One Real Estate has acquired an industrial building located at 6450 W Cortland St, Chicago, IL, 60707. The property has a total square footage of 60,033 and was vacant at the time of acquisition. It is situated on nearly three acres and features seven docks, one drive-in door, and parking for 63 cars.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Address: 6450 W Cortland St, Chicago, IL, 60707
• Market: Chicago
• Seller's Representative: Elise Couston, Jimena Sayavedra - Newmark
• Buyer: Venture One Real Estate
• Square Footage: 60,033

Elise Couston and Jimena Sayavedra of Newmark represented the undisclosed seller in the transaction. Venture One's acquisition fund, VK Industrial V LP, is a partnership between Venture One and Kovitz Investment Group. As part of their plans for the property, Venture One intends to undertake office renovations, add energy-efficient lighting, resurface the parking lot, and build a new roof.