Brennan Investment Group, a Chicago-based real estate investment firm, has announced the formation of their tenth joint venture with an institutional client of Arch Street Capital Advisors. The new venture will focus on acquiring and managing industrial properties across the United States.
Recently, the joint venture acquired a 386,705 square foot manufacturing property in Corbin, Kentucky near Nashville. This property is fully leased to Trèves Group’s subsidiary and serves as a critical facility for global auto supplier.
According to Michael Brennan, Chairman and Managing Principal of Brennan Investment Group,”We are thrilled to launch our tenth venture dedicated to investing in mission-critical facilities nationwide.” He also highlighted how the US industrial market remains strong due to long-term trends such as e-commerce growth and supply chain repositioning.
Over the past 12 years,Brennan Investment Groupand Arch Street have collectively acquired over 100 properties spanning nearly25 million square feet in single-tenant net lease sector. Anup Patel,the CEOofArchStreet,stated that they are eagerto identifyand execute promising transactionsinthe current market which presents exceptional investment opportunities.
The article titled “Brennan InvestmentGroup,ArchStreetCapitalCloseFirstTransactioninLatestJV” was originally published on Connect CRE website.
