Venture One Real Estate & DRA Advisors Acquire Industrial Portfolio In Romeoville, Bensenville, Elk Grove Village And St. Charles Chicago, Long Island, New Jersey & Philadelphia For $369M | CBRE brokers deal for $369,000,000 industrial portfolio | Michael Caprile | Industrial | Sale

Summary

Sale

INDIANA

Industrial

2,800,000 sqft

The Industrial Portfolio in Romeoville, Bensenville, Elk Grove Village, and St. Charles Chicago, Long Island, New Jersey, and Philadelphia has been sold in a transaction that took place on March 27, 2023. The property, consisting of 2,800,000 square feet, is classified as an industrial asset.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $369,000,000
Address: Industrial Portfolio
Market: Romeoville, Bensenville, Elk Grove Village, St. Charles Chicago, Long Island, New Jersey & Philadelphia

Venture One Real Estate and DRA Advisors have acquired the property from Venture One investment fund and Kovitz Investment Group. The transaction was facilitated by Michael Caprile from CBRE.

Players

All
2

Agents
1
Agencies
1

Michael Caprile

Vice Chairman

$407.6M Sold

CBRE

Details

Deal Summary

SOLD

IMAGE: Michael Caprile DATE: 03/27/2023 ADDRESS: Industrial Portfolio MARKET: Romeoville, Bensenville, Elk Grove Village and St. Charles Chicago, Long Island, New Jersey & Philadelphia ASSET TYPE: Industrial BUYER: Venture One Real Estate & DRA Advisors SELLER: Venture One investment fund & Kovitz Investment Group BROKER: Michael Caprile - CBRE (@CBRE) SALE PRICE: $369,000,000 SF: 2,800,000 ~ PPSF: $32

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AddressCBRE brokers deal for $369,000,000 industrial portfolio

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