Brennan Investment Group (BIG), a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, announced it has acquired a 56,000-square-foot, light-industrial facility on approximately five acres located at 1010 Petersburg Road in Hebron, Ky. The acquisition was structured as a sale-leaseback with an established rubber and plastics manufacturing company that has occupied the building for more than 10 years.
The property is located in the Airport submarket of Cincinnati, two miles from CVG International Airport and approximately five miles from Interstates 275 and I-75. The building is situated within the Airpark International Corridor, a fully-built-out, master-planned industrial park with a vacancy rate of under 5 percent.
“This acquisition represented a compelling sale-leaseback opportunity in one of the tightest industrial submarkets in the region,” said Doug Lance, senior vice president at Brennan
