Brennan Investment Group has acquired two distribution facilities totaling 206,000 square feet located at 4999 Oakland Street in Denver and 18245 East 40th Avenue in Aurora, Colo. The Oakland property is fully leased to a single tenant, whereas the 40th Avenue property is partially leased. The infill properties are near downtown Denver as well as Denver International Airport. Both are situated within one mile of Interstate 70.
"This investment fits Brennan's strategy to acquire functional assets in high-growth markets throughout the United States that offer value-added returns," said John Torp, senior vice president for the Mountain West region at Brennan.