“Sale-Leaseback Transaction: Development Site Acquired by Venture One”

"Sale-Leaseback Transaction: Development Site Acquired by Venture One"

Venture One Real Estate has successfully acquired a promising development property situated at 2201 Landmeier Road in Elk Grove Village, Illinois. The deal was facilitated by Cushman & Wakefield, with the seller being represented by Keith Puritz, Eric Fischer, and Brett Kroner. This purchase of a 124,226-square-foot building was made through a short-term sale-leaseback agreement and is part of Venture One’s expansion plans for future redevelopment projects. With this acquisition, Venture One now holds over 1,750 acres of land across nine submarkets in the Chicago area.

Strategically located at the entrance to the O’Hare submarket area, this property offers exceptional connectivity as it is less than two minutes away from I-90 and Elmhurst Road interchange and only three minutes from O’Hare North Air Cargo entrance. Its prime location makes it an ideal choice for distribution centers as well as air cargo and logistics companies seeking easy access to major transportation routes.

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