Venture One Real Estate Secures 135-Acre Logistics Campus in Crown Point, Indiana
Deal News | Nov 26, 2024 | Venture One Real Estate LLC
Venture One Real Estate LLC has announced the successful closing of VenturePark65, a cutting-edge logistics campus in Crown Point, Indiana. The development spans 135 acres and is strategically located at the intersection of 101st Avenue and Interstate-65. The facility will feature up to 2 million square feet of state-of-the-art industrial space, designed with build-to-suit flexibility to accommodate a diverse range of industries. With significant frontage along Interstate-65, the site promises excellent connectivity and visibility, particularly benefiting large-scale logistics operations. Ryan Stoller, principal at Venture One, emphasized the site's strategic location within Northwest Indiana's burgeoning industrial sector, highlighting its proximity to major transportation hubs and the Chicago Metropolitan Statistical Area. The development aims to meet the rising demand for industrial space in the region, combining modern facilities with strategic market access.
Sectors
- Real Estate Development
- Logistics and Transportation
Geography
- United States - Indiana – The logistics campus is located in Crown Point, Indiana, serving regional and national markets from this strategic location.
- United States - Illinois – Venture One Real Estate is based in Rosemont, Illinois, indicating cross-state business operations and influence.
Industry
- Real Estate Development – The article discusses the development of a logistics campus Real Estate development by a real estate firm as a primary focus.
- Logistics and Transportation – VenturePark65's purpose is to serve as a logistics and industrial hub, with strategic positioning for transportation and warehouse operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Venture One Real Estate LLC | Developer | Company | The private equity real estate firm responsible for the development of VenturePark65 logistics campus. |
| Ryan Stoller | Principal | Person | Principal at Venture One Real Estate, quoted for providing insights into the strategic goals of the development. |