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

Industrial Portfolio

$369,000,000

$131/SF

Building Size

2,800,000 SF

Asset Type

Industrial

Closing

Mar 27, 2023

AI

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