Expands holdings to 12 million square feet
in the Chicago market
ROSEMONT, Ill., Sept. 11,
2024 /PRNewswire/ -- Brennan Investment Group, a
Chicago-based private real estate
investment firm that acquires, develops, and operates industrial
facilities throughout the United
States, has announced its acquisition of Yorkbrook Business
Park, a 17-building industrial portfolio located in DuPage County, Illinois. This significant
investment underscores the company's commitment to growing its
infill footprint in strong submarkets of major metropolitan
areas.
The portfolio includes a diverse range of tenants that operate
both regionally and nationally. "This acquisition represents an
exciting expansion and strengthens our commitment to DuPage County," said Dan Smith, Brennan's Vice President of
Acquisitions for the Chicago
market. "The portfolio's close proximity to I-355 and I-88 offers a
convenient location for many of its service-oriented tenants. With
high historic occupancy and strong demographics, the park is
well-positioned to serve its tenant base."
The portfolio is comprised of 740,000 square feet across
seventeen (17) individual buildings and sits on approximately 60
acres.
"We are excited about the Yorkbrook acquisition and our overall
activity in the Chicagoland market," said Kevin Brennan, Co-Founder and Chief Investment
Officer of Brennan Investment Group. "We remain dedicated to areas
with strong demographics and healthy underlying fundamentals.
Yorkbrook represents another opportunity for our best-in-class team
to drive additional value for our investment partners."
About Brennan Investment Group
Brennan Investment Group, a Chicago-based private real estate investment
firm, acquires, develops, and operates industrial properties in
select major metropolitan markets throughout the United States. Since 2010, Brennan
Investment Group has acquired over $6.5
billion in industrial real estate. The company's current
portfolio spans 29 states and encompasses 56.2 million square
feet.
Brennan Investment Group co-invests with private and
institutional capital to achieve outstanding risk-adjusted returns.
The firm's management team is among the most accomplished in its
industry, having invested in over 5,000 properties covering more
than 60 cities throughout the United
States, Canada and
Europe.
For more information on Brennan Investment Group, go to
www.brennanllc.com
Media Contact: Ursula
Walendzewicz, uwalendzewicz@brennanllc.com, 8476308722
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SOURCE Brennan Investment Group