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Brennan's opportunity fund acquires second asset
Transactions - DECEMBER 2, 2024

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Brennan’s opportunity fund acquires second asset

by Denise Moose

Brennan Investment Group announced the acquisition of a single-tenant industrial property of 225,000 square feet on 7.16 acres in Chicago. Located at Interstate 55 and Pulaski Road, the property benefits from its infill location and an acquisition price below replacement cost.

Brennan plans to reposition the property by enhancing functionality through significant property improvements, including doubling the existing loading capacity. These upgrades will broaden the building's appeal and increase rental rates.

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