Brennan Investment Group Acquires Two Industrial Buildings In McHenry, IL

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Nov 06, 2017, 05:30 ET

CHICAGO, Nov. 6, 2017 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires and operates industrial properties on a national basis, announced its acquisition of two buildings located at 4400 Prime Parkway and 1380 Corporate Drive in McHenry, Illinois. These properties will be added to the 20-building industrial portfolio Brennan acquired in September of this year, purchased from Barnett Capital.

"These properties fit well within our recently acquired portfolio. Further, the Chicago industrial market remains robust with 4.7% vacancy and over 7 consecutive years of positive net absorption. We continue to look for strategic add-on properties to our Chicago holdings," said Scott McKibben, Chief Investment Officer at Brennan Investment Group.

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 25 states and encompasses over 35 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 9,000 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, 847-813-6804, [email protected]

SOURCE Brennan Investment Group