Brennan Investment Group Acquires Woodlands Business Park in Grand Prairie, Texas

CHICAGO, Aug. 4, 2014 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops and operates industrial properties on a national basis, announced the acquisition of Woodlands Business Park, located in Grand Prairie (Dallas), Texas, which consists of three industrial facilities currently leased to twelve tenants. This acquisition was undertaken in a joint venture with Origin Capital Fund II LLC, advised by Original Capital Partners, Chicago.

Troy MacMane, Co-Founder and Managing Principal of Brennan Investment Group stated, "We are pleased to complete the acquisition of a three-building portfolio located in the Great Southwest market, a Dallas sub-market with strong fundamentals.  The strength of the overall Dallas/Fort Worth market is evidenced by 15 consecutive quarters of positive net absorption, and a vacancy rate of 6.3%."

"The markets within the Texas Triangle - Houston, Austin, San Antonio, and Dallas - remain a strategic focus of our future investment activities. The vitality of these business communities, coupled with strong demographic trends, provides steady and predictable demand for industrial space in these markets," said Michael Brennan, Chairman and Co-Founder of Brennan Investment Group.

Brennan Investment Group has acquired 23 buildings and commenced development on 5 projects in the Texas market since 2012.

Steve Rowland, of Transwestern, assisted in the transaction.

About Brennan Investment Group

Brennan Investment Group, a private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States.

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 further information, please visit www.brennanllc.com.

About Origin Capital Partners

Origin Capital is a Chicago-based investment manager that acquires commercial real estate in select U.S. markets on behalf of its principals and investment partners. Origin's institutionally-trained team has over $2.5 billion of transaction experience. The firm has access to off-market deal flow, through its experience with non-traditional deal sourcing such as note purchases, recapitalizations, short-sales and bankruptcy sales. Origin focuses on the underserved $10-$50 million asset market, which sits below hedge fund and REIT equity allocation targets and allows for higher expected returns. Alignment is a core value at Origin and is evident through significant co-investment equity contributions in all company deals and funds.

For further information, please visit origincapitalpartners.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