Venture One Real Estate Acquires Niles Property At 6900 N Austin Ave With Seller's Rep Christopher Volkert

The property asset involved in the transaction is a 179,508-square-foot industrial building located at 6900 N Austin Ave, Niles, IL, 60714. This property is fully leased to one tenant and was constructed in 1980. It features a clear height of 21 feet, nine docks, one drive-in door, parking for 120 cars, and 4,820 square feet of office space. The transaction occurred in the Niles market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Undisclosed
• Address: 6900 N Austin Ave, Niles, IL, 60714
• Market: Niles
• Seller's Representative: Christopher Volkert-Colliers International
• Buyer: Venture One Real Estate
• Seller: Undisclosed
• Square Footage: 179,508

Venture One Real Estate's acquisition fund, VK Industrial V LP, is a partnership between Venture One and Kovitz Investment Group. Christopher Volkert represented the undisclosed seller in this transaction.