Brennan Investment Group Acquires 55K-SF Class A Industrial Facility in Bolingbrook

Brennan Investment Group Acquires 55K-SF Industrial Facility in Bolingbrook Via Sale-Leaseback
CRE Market Beat Take
The sale-leaseback underscores ongoing institutional appetite for Class A, infill Chicago industrial assets backed by long-term corporate tenancy, supporting pricing resilience in core corridors.

Brennan Investment Group has expanded its industrial portfolio with the acquisition of a 55,000-square-foot Class A facility in Bolingbrook, Illinois. The single-building property was purchased through a sale-leaseback transaction with Impact Networking, LLC, a business process automation company that will continue to occupy the space under a long-term lease.

The industrial building is situated on approximately nine acres within the I-55 industrial corridor, a location described as highly sought-after due to its regional connectivity and tenant demand. The site is positioned as an infill asset in one of Chicago’s most active industrial submarkets, giving it proximity to a large user base and established logistics infrastructure.

Access to transportation is a defining feature of the property, with immediate links to Interstate 55 and Interstate 355. These highway connections support regional and national distribution capabilities, enhancing the property’s appeal to logistics, light manufacturing and service-oriented industrial users that rely on efficient movement of goods and employees.

The seller in the transaction was represented by Newmark professionals, with Ryan Harding, Executive Managing Director, and Corey Chase, Senior Managing Director, acting on the seller’s behalf. Their role encompassed marketing the asset and negotiating the sale-leaseback structure that allowed the existing tenant to unlock real estate capital while maintaining operational continuity in the building.

Under the terms of the deal, Impact Networking, LLC will remain in place as a long-term tenant, providing stabilized occupancy for Brennan Investment Group. The sale-leaseback approach enables the tenant to redeploy capital into its core business while securing ongoing control of its industrial space through the lease agreement. For Brennan, the transaction delivers income visibility supported by a single corporate tenant already in place.

Commenting on the transaction, Jack Brennan, Managing Principal of Brennan Investment Group, noted that the Chicago industrial market continues to show resilience and sustained demand, with infill locations such as Bolingbrook standing out. He characterized the acquisition as consistent with the firm’s strategy of targeting high-quality industrial assets in supply-constrained areas, anchored by strong tenants.

Brennan also emphasized the firm’s existing experience in the Chicago area, suggesting that this latest acquisition builds on a broader regional footprint. By focusing on Class A industrial properties with established tenancy, the firm aims to align its investment activity with long-term demand drivers in core logistics and distribution corridors.

The Bolingbrook facility’s combination of modern industrial space, ample acreage and transportation access positions it as a strategic holding within Brennan Investment Group’s portfolio. With the sale-leaseback now complete and the tenant committed under a long-term lease, the asset is set to remain an active part of the I-55 corridor’s industrial ecosystem.

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