Sep
07

Brennan Buys Multi-State Industrial Portfolio

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The purchase of three properties in Chicago, Indianapolis and Bakersfield, Calif., caps a busy year for the group, which now owns more than 28 million square feet of space in 23 states.

Brennan Investment Group LLC, a Chicago-based private real estate investment firm that acquires, develops and operates industrial facilities across the U.S., has picked up a three-building industrial portfolio in three markets totaling 482,683 square feet from a small private ownership group.

The company did not identify the seller or say how much it paid for the assets located in metro Chicago, Indianapolis and Bakersfield, Calif., but noted they are all situated in strong locations for industrial real estate. The largest of the three properties is located at 5801 District Blvd. in Bakersfield and comprises 232,396 square feet. The other assets are: 5804-08 Churchman Bypass, Indianapolis, with 206,272 square feet, and 4050 Ryan Road, Gurnee, Ill., which has 43,475 square feet…

Brennan Buys Multi-State Industrial Portfolio

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Categories : Private Equity

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