Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, announced the acquisition of a single-tenant industrial property of 38,135 square feet on 2.85 acres in Broadview, Ill. Located off Interstate 290 at the four-way 25th Avenue interchange, the property benefits from ease of access to O’Hare International Airport as well as the Chicago Central Business District.
“This acquisition highlights Brennan’s focus on acquiring functional industrial real estate in infill submarkets,” said Dan Smith, vice-president for Brennan’s Chicago/Milwaukee/Minneapolis region. “The property’s premier location, investment-grade credit, and strong functional attributes provide a unique opportunity to deliver strong returns for our fund investors.”
Jack Brennan, managing principal of Brennan’s Midwest region, added, “This marks the fourth acquisition in our Opportunity Fund.
