VK Industrial I, a fund of Venture One, has closed on a 79k SF flex facility at 2401-2441 Commerce Dr in Libertyville. The building was purchased from Lincoln Commerce Center Properties, repped by Converse Capital's Patrick Sullivan. It's 43% leased to A-S Medication Solutions. The remaining 45k SF, which is divisible down to 10k SF, is being marketed by Paine/Wetzel for lease to both office and flex/warehouse users. The building will undergo minor renovations, including parking lot resurfacing, exterior painting, as well as office and warehouse remodeling. |
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