Brennan Completes Lease Up Of Industrial Spec Building In O'Hare Market
Cambria Company Brings Newly Constructed Building to 100% Occupancy
CHICAGO, Sept. 8, 2015 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, announced that it has signed a new lease with Cambria Company for 40,460 square feet in its newly constructed warehouse building located in Des Plaines at 1780 Birchwood Avenue in Chicago's O'Hare Industrial market. The lease will commence in late Q3 2015.
Within close proximity to I-90 and I-294, the state-of-the-art warehouse and distribution building totals approximately 140,000 square feet, featuring 32' clear height, ample loading, trailer parking and auto parking. The property is designed to serve the significant demand for warehousing, assembly, and distribution uses, and was built to a LEED standard.
Scott McKibben, Co-Founder and Chief Investment Officer of Brennan Investment Group stated, "We are excited to welcome Cambria Company as a tenant and are pleased we have reached full occupancy in our building. The building's rapid lease up is a testament to both the quality of the asset and the strength of the market."
The Colliers International team of Jonathan Kohn and Thomas Rodeno represented Brennan Investment Group, and the Cushman and Wakefield team of Britt Casey and Al Caruana represented Cambria Company in this transaction. Keeley Construction was Brennan's general contractor.
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 $1 billion in industrial real estate. The company's current portfolio spans 22 states and encompasses over 22 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 www.brennanllc.com.
Brennan Investment Group, LLC
9450 W. Bryn Mawr
Suite 750
Rosemont, Illinois 60018
Tel +1 847-813-6800
Fax +1 847-257-8888
www.brennanllc.com
SOURCE Brennan Investment Group
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