Brennan Investment Group has recently purchased a 225,000-square-foot industrial property on 7.16 acres in Chicago, Illinois. The property is located at the intersection of Interstate 55 and Pulaski Road and offers numerous benefits such as its prime location within the city and an acquisition price that is below what it would cost to replace the property.
According to Dan Smith, Vice President for Brennan’s Chicago Region, this acquisition showcases their strategy of identifying promising opportunities in the competitive industrial market of Chicagoland. With its desirable infill location, attractive rental rates compared to others in the area, and potential for value creation through various means, this property presents a unique chance for strong returns on investment for their fund investors.
Jack Brennan also commented on this purchase as Managing Principal of Midwest Region stating that it marks their second addition to their corporate real estate fund portfolio. They have plans to improve functionality by making significant enhancements including doubling loading capacity at the site.
In other news related to Brennan Investment Group’s success in commercial real estate investing , Michael Brennan will be receiving Connect CRE’s Lifetime Achievement Award at Connect Industrial Midwest 2025 event held at Joe’s Live in Rosemont IL on March 5th . He will also participate alongside Kevin Brennan from his company during a Keynote Interview session exclusively available during this presentation!