Brennan Investment Group Acquires 13-Property Industrial Portfolio
Strategic acquisition targets growing demand for small-bay industrial product
The portfolio is comprised of 13 shallow-bay industrial buildings with a diverse tenant mix and a weighted average lease term over more than 4 years. The
"This acquisition adds diversification to Brennan's growing portfolio and bolsters our presence within key submarkets," said
Brennan plans to fold the 13 buildings into its 28 million square foot Midwestern portfolio. The portfolio features an average building size of 62,000 square feet, an industrial subset that continues to see strong leasing demand.
"The portfolio's geographic diversity provides a strategic complement to the shallow bay product we currently own and manage in the Midwest," said
About Brennan Investment Group
Brennan Investment Group, a
Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The company has 18 regional offices throughout
For more information on Brennan Investment Group, go to brennanllc.com.
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SOURCE Brennan Investment Group
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