Brennan Acquires Multistate Industrial Portfolio

CHICAGO, Sept. 5, 2017 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, has acquired a three-building industrial portfolio totaling 482,683 square feet in three markets: Chicago, Indianapolis and Bakersfield, California.

Scott McKibben, Chief Investment Officer at Brennan Investment Group, stated, "Our national platform permits us to source and underwrite opportunities as they arise across a spectrum of strong markets throughout the United States. This has allowed our company to acquire value-add transactions in a competitive market."

"The fundamentals of US industrial real estate markets are remarkably strong, as evidenced by positive net absorption of over 58.3 million square feet," said Tim Gudim, West Coast Managing Principal at Brennan Investment Group. "This marks the 29^th consecutive quarter of positive absorption, the longest streak in more than 20 years." 

About Brennan Investment Group

Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Since 2010, Brennan Investment Group has acquired over $3 billion in industrial real estate. The company's current portfolio spans 23 states and encompasses over 28 million square feet.

Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The firm's management team is among the most accomplished in its industry, having invested in over 4,000 properties covering more than 60 cities throughout the United States, Canada and Europe.

For more information on Brennan Investment Group, go to brennanllc.com.

CONTACT: Sarah Brennan, [email protected]

SOURCE Brennan Investment Group, LLC

Related Links

http://www.brennanllc.com