Brennan Investment Group and an institutional client of Arch Street Capital Advisors announced the formation of their 10th joint venture to acquire, own and manage a substantial portfolio of industrial properties throughout the United States. The venture will focus on acquiring individual industrial assets in top industrial markets in the United States that are mission-critical facilities to tenants and leased on a long-term basis.
The new venture acquired a critical manufacturing property totaling 386,705 square feet in Corbin, Ky., near Knoxville, Tenn. The property is 100 percent leased to a subsidiary of Trèves Group, a global auto supplier focused on automotive interiors and acoustic environments.
"We are excited to launch our 10th venture to invest in mission-critical facilities throughout the country," said Michael Brennan, chairman and managing principal at Brennan Investment Group. "The United States industrial market remains strong and continues to benefit f