Brennan launches inaugural opportunity fund

Brennan Investment Group has launched its inaugural Opportunity Fund.

Fund I will focus on acquiring corporate-owned industrial real estate assets in the top 25 U.S. cities.

“Corporate America remains the largest owner of industrial real estate in the United States.  Supply chain reconfigurations, brought on by geopolitical, technological, and demographic transformations, indicate a tremendous need and opportunity exists to serve our customers,” said Michael Brennan, co-founder and chairman of Brennan Investment Group “We built a platform that has 17 offices in the U.S. and possesses the skills to develop, redevelop and acquire.  This fund was launched for the right reasons, at the right time.”

Fund I’s first acquisition was a 100,000-square-foot industrial property located at 941 Esther Lane in Murfreesboro, Tenn. The vacant facility was owned by Wisconsin-based Jagemann Precision Plastics, which manufactured and distributed automotive parts for the