Brennan Investment Group, a Chicago-based real estate firm, recently acquired a two-building industrial site in Nashville’s Antioch neighborhood for $25.9 million. The purchase was reported by the Nashville Business Journal and was accompanied by a $20.08 million loan from Associated Bank.
The 9.11-acre site includes two distribution facilities totaling nearly 221,000 square feet and is fully leased to seven tenants. The seller of the property was local real estate firm Jim Crossman Realty and David Rawlings.
CBRE represented Brennan in the transaction with Jack Armstrong, Will Goodman, and Steve Preston leading the deal while Ben McKnight and Mike Russell of Horrell Company represented the seller.
In addition to this acquisition in Nashville, Brennan has also recently started construction on an industrial building located on 24.18 acres in Laredo,Texas.
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