Brennan Investment Group Acquires Five Building Industrial Portfolio In Orlando

CHICAGO, March 11, 2015 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops and operates industrial properties on a national basis, has acquired a five-building industrial portfolio totaling 311,178 square feet. This portfolio consists of two flex buildings and three distribution buildings located in Orlando, Florida.  

"We are pleased to complete the acquisition of this five building portfolio in the Northwest Orange County submarket, one of the largest industrial submarkets in Orlando, totaling over 21 million square feet. The Orlando market has demonstrated strong fundamentals, evidenced by 1.8 million square feet of positive net absorption year-to-date, and a vacancy rate of 9.9%, down 180 basis points from this time last year," said Kevin Brennan, Vice President of Acquisitions at Brennan Investment Group.

Bob Krueger, Southeast Managing Principal for Brennan Investment Group, stated, "This acquisition is illustrative of our strategy to acquire functional, well-located assets, in a rebounding market with the ability to add value through repositioning and hands-on leasing."

This acquisition increases Brennan's Florida and Southeast region portfolio to 27 buildings.

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 20 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, LLC