Venture One Acquires Industrial Facility in Batavia
Deal News | Apr 08, 2025 | Venture One Real Estate LLC
Venture One Real Estate LLC, a prominent private equity firm, through its acquisition fund VK Industrial VII, LP, has recently completed the purchase of a 31,394 square foot industrial building in Batavia, Illinois. The property, situated at 1563 Hubbard Avenue, is fully leased and encompasses significant features such as two exterior docks and a drive-in door, in addition to expansive parking facilities. This acquisition demonstrates Venture One's strategic expansion of its industrial real estate portfolio. The building's historical construction dates back to 1980 and it occupies 2.2 acres of land, indicative of its significant footprint. The seller was represented by Matthew Stauber of Colliers International, facilitating the smooth transaction.
Sectors
- Real Estate
- Private Equity
Geography
- United States – The acquired property is located in Batavia, Illinois, contributing to the market presence in the U.S.
- Illinois – The specific location of the acquisition is Batavia, Illinois, making it a significant geographic focus.
Industry
- Real Estate – The acquisition of an industrial building falls within the real estate industry, focusing on the expansion of physical assets.
- Private Equity – Venture One Real Estate operates as a private equity firm, using its fund VK Industrial VII, LP to facilitate acquisitions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Venture One Real Estate LLC | Buyer | Company | A private equity firm specializing in real estate acquisitions, utilizing the VK Industrial VII, LP fund for this purchase. |
| VK Industrial VII, LP | Acquisition Fund | Company | An acquisition fund operated by Venture One Real Estate to facilitate property purchases. |
| Colliers International | Seller's Representative | Company | A global real estate services company, represented by Matthew Stauber in this transaction. |
| Matthew Stauber | Seller's Representative | Person | A representative from Colliers International who facilitated the sale of the property. |