Brennan Investment Group has acquired 31 buildings in Denver and Deerfield Beach, Fla., part of the Fort Lauderdale, Fla., metro area.
The newly acquired properties, Powerline Business Park in Deerfield Beach and Montbello in Denver, total 1.3 million square feet and feature a diverse mix of businesses that comprise 85 tenants in Deerfield Beach and 40 light industrial tenants in Denver. Brennan partnered with a global manager of alternative investments for this strategic investment.
“We are pleased to conclude this major transaction, early in 2024, with an investment that has everything we seek: infill locations, highly functional, and serving a tenant constituency that replenishes and supplies critical needs for strong demographic MSAs,” remarked Scott McKibben, managing principal and Brennan's CIO. “Brennan's ability to source and manage these portfolios has grown with the expansion of our platform. Today, Brennan has 16 offices in major cities including Chica