Brennan Investment Group Completes Sale-Leaseback Transaction In Lakeland, Florida

The Acquisition Increases Brennan's Florida and Southeast Region Portfolio to 22 Buildings Comprising 3,325,700 Square Feet

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Brennan Investment Group

Nov 04, 2014, 07:00 ET

CHICAGO, Nov. 4, 2014 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires and operates industrial properties on a national basis, announced its purchase, and simultaneous leaseback to manufacturer Structall Building Systems, Inc. ("Structall"), of 113,308 square feet at 5120 Great Oak Drive, Lakeland, Florida. Structall is an industry leader in aluminum building supplies and laminated panels.

"We acquired a mission critical facility of Structall Building Systems, an established tenant with a long-term commitment to the Lakeland area," said Bob Krueger, Southeast Managing Principal for Brennan Investment Group. "We appreciate the opportunity to accommodate Structall's growth through this sale-leaseback transaction".

"Lakeland, Florida is in the heart of the I-4 corridor, between Tampa and Orlando, and serves as one of Florida's key distribution hubs for both consumer goods as well as commercial and residential building supplies," said Kevin Brennan, Vice President of Acquisitions at Brennan Investment Group. "This acquisition reaffirms our commitment to acquire stabilized, mission-critical industrial assets throughout the United States."

Ed Miller and Dee Seymour with Colliers International were the brokers involved 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.

Brennan currently owns and manages 15 million square feet of industrial properties throughout the United States in 21 states.

For further information, please visit www.brennanllc.com

Brennan Investment Group, LLC
9450 W. Bryn Mawr Avenue
Suite 750
Rosemont, IL 60018
Tel +1 847-813-6800
Fax +1 847-257-8888
www.brennanllc.com

SOURCE Brennan Investment Group