Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, announced the acquisition of an 801,728-square-foot industrial portfolio located across the Chicago and Milwaukee markets.
The portfolio comprises 13 shallow-bay industrial buildings with a diverse tenant mix and a weighted-average lease term of more than four years. The Chicago submarkets include Interstate 55, Lake County, Northern DuPage, Central Kane/I-88, while the Milwaukee properties are located within Milwaukee’s Airport and Northwest submarkets.
“This acquisition adds diversification to Brennan’s growing portfolio and bolsters our presence within key submarkets,” said Dan Smith, senior vice president for Brennan’s Chicago Region. “Our increased footprint allows us to continue our pursuit of one-off acquisitions of well-located, functional industrial product.”
Brennan plans to fold the 13 b
