11/10/2026 | Press release | Distributed by Public on 11/10/2026 09:27
11/10/26
Rosemont, IL - November 10, 2026 - Venture One Real Estate through its acquisition fund, VK Industrial VII, LP, has closed on the acquisition of a two-building, 32,689 square foot industrial portfolio located at 88 Arkay Drive and 205 Marcus Boulevard in Hauppauge, New York. The portfolio was 100% leased at closing.
88 Arkay Drive is a 20,189 square foot rear-load industrial building situated on 1.50 acres, featuring 16' clear height, four grade-level doors and parking for 46 cars. 205 Marcus Boulevard is a 12,500 square foot industrial building that sits on 1.05 acres and has parking for 47 cars. Both buildings are served by public sewer, a rare feature for Long Island industrial assets.
The portfolio is strategically located within Hauppauge Innovation Park, Long Island's primary industrial park with approximately 17 million square feet, directly adjacent to I-495 (Long Island Expressway); allowing efficient access to service Long Island and New York's five Boroughs.
Thomas DeLuca and Austin Fitzpatrick of Cushman & Wakefield represented the Seller in the transaction.
VK Industrial VII is co-sponsored by Venture One Real Estate and Focus Partners Wealth. The fully discretionary fund targets industrial acquisitions in the Chicago, Northeast, and Florida markets.