Venture One Real Estate Secures Industrial Deal of the Year
Deal News | Apr 30, 2025 | Venture One Real Estate LLC
Venture One Real Estate has been awarded the Industrial Deal of the Year at the 37th Annual Chicago Commercial Real Estate Awards for its lease deal with John B. Sanfilippo & Son, Inc. at VenturePark 47. The lease involved a sizeable 444,600 square feet of state-of-the-art space in Huntley, Illinois, a key industrial hub near major transportation links. The transaction was brokered by Colliers' Brian Kling and Reed Adler, alongside Frank Griffin of Lee & Associates, representing the tenant. VenturePark 47 comprises a total of 729,523 square feet and currently has 285,523 square feet available for lease.
Sectors
- Commercial Real Estate
- Logistics and Infrastructure
Geography
- United States – The transaction and award recognition are related to a property located in Illinois, USA.
- Illinois – The property and transaction are specifically located in Huntley, Illinois, near Chicago.
Industry
- Commercial Real Estate – The article discusses an award-winning industrial real estate transaction involving a lease of significant size and complexity.
- Logistics and Infrastructure – The location and size of VenturePark 47 indicate its role in logistics and infrastructure due to proximity to major transport links.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Venture One Real Estate LLC | Leasing Company | Company | The private equity real estate firm responsible for the lease of VenturePark 47. |
| John B. Sanfilippo & Son, Inc. | Tenant | Company | The company leasing 444,600 square feet of space at VenturePark 47. |
| Colliers | Leasing Broker | Company | The real estate services company with brokers Brian Kling and Reed Adler negotiating the deal. |
| Lee & Associates | Tenant Representative | Company | Frank Griffin from this firm represented the tenant in the transaction. |