Brennan Investment Group and Reinsurance Group of America secured $59 million in refinancing for a three-building industrial portfolio totaling 647,717 square feet across the Cincinnati and Chicago metropolitan areas.
The Midwest Industrial 3-Pack comprises two class A facilities in Fairfield, Ohio, in Cincinnati’s Tri-County submarket, and one class A property in Hoffman Estates, Ill., in Chicago’s Northwest Cook County submarket.
All three buildings were completed in 2023 and feature modern industrial specifications, including 32-foot clear heights, LED lighting with motion sensors, ESFR sprinkler systems and concrete tilt-wall construction. The portfolio is fully leased to a mix of tenants serving logistics, distribution, manufacturing, packaging and thermal-processing industries.
The Cincinnati properties, known as Seward Pointe Commerce Park, include a 282,420-square-foot building at 3770 Symmes Road and a 163,621-square-foot building at 8551 Seward Roa