North Park Ventures Acquires 3800 North Milwaukee Industrial Asset From GW Properties for $16.95M

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Aerial view of the low‑rise industrial building and parking area at 3800 North Milwaukee Avenue in Chicago, the industrial asset North Park Ventures acquired from GW Properties for $16.95M, illustrating the type of value‑add property cited in the transaction.
Aerial view of the low‑rise industrial building and parking area at 3800 North Milwaukee Avenue in Chicago, the industrial asset North Park Ventures acquired from GW Properties for $16.95M, illustrating the type of value‑add property cited in the transaction.| Photo: Northparkventures

North Park Ventures has acquired an industrial asset at 3800 North Milwaukee Avenue in Chicago from GW Properties for $16.95 million, according to an announcement from the firm.

Transaction Details

Robert Sekula and Eric Turrin of North Park Ventures completed the purchase of the industrial property located at 3800 North Milwaukee Avenue in Chicago, Illinois. The seller in the transaction was GW Properties. The deal was recorded in June 2026.

The acquisition is categorized as a value-add investment, according to deal information associated with the transaction.

North Park Ventures' Recent Activity

The 3800 North Milwaukee Avenue acquisition marks the latest in a series of transactions for North Park Ventures. In September 2025, Robert Sekula and Eric Turrin of North Park Ventures purchased a retail asset at 6418 North Sheridan Road from Citi for $9.17 million. Earlier, in June 2025, Robert Sekula of North Park Ventures secured a $33.85 million refinance loan from Barclays for a multifamily asset on West Barry Avenue in Chicago.

About the Firms

North Park Ventures is a Chicago-based real estate firm. GW Properties served as the seller in this industrial transaction.