Venture One

Cushman & Wakefield Completes 191,453 SF of Office & Industrial Leases at Yorkbrook Business Park

CHICAGO, June 7, 2016 – Cushman & Wakefield has completed 22 transactions totaling 191,453 square feet of office and industrial space at the Yorkbrook Business Park in Lombard, Illinois on behalf of Venture One Real Estate. The completion of the new and renewal leases brings the 736,000 square foot, 18-building portfolio, which was acquired by Venture One in March 2016, to approximately 94% occupied. Cushman & Wakefield Senior Director Sean Henrick and Associate Joseph Gatto represented Venture One in the industrial leases, which ranged from 1,338 to 30,627 square feet. Cushman & Wakefield Senior Director Michael Simpson and Associate Allyson Yates are marketing the flex and office properties on behalf of Venture One. Consisting of both single and multi-tenant properties, the portfolio includes 12 industrial properties and six flex office properties. Venture One recently completed renovations to vacant suites, including new energy-efficient lighting and high-end office finishes. The company has [...]