#United States #Chicago #industrial real estate #Brennan Investment #Chicago Market

Brennan Investment Group Expands Industrial Holdings in Midwest

Brennan Investment Group has made a strategic move by acquiring a substantial industrial portfolio consisting of 13 properties, collectively spanning 801,728 square feet in the Chicagoland and Milwaukee markets. With this acquisition, the firm is poised to strengthen its presence in the region and cater to the increasing demand for small-bay industrial spaces.

Aiming for Growth in Key Markets

The 13-property portfolio comprises shallow-bay industrial buildings that are strategically located across notable Chicago submarkets, including I-55, Lake County, Northern DuPage, and Central Kane/I-88. Additionally, the Milwaukee properties are situated within the Airport and Northwest submarkets, ensuring a diversified tenant mix.

Dan Smith, Senior Vice President for Brennan's Chicago Region, expressed that this acquisition not only diversifies Brennan's portfolio but also enhances their position within essential submarkets. He noted, “Our increased footprint allows us to continue our pursuit of one-off acquisitions of well-located, functional industrial products.”

With an average building size of 62,000 square feet, this portfolio is designed to meet the ongoing leasing demand, particularly as the market continues to evolve.

Strategic Insights from Leadership

Jack Brennan, Managing Principal at Brennan Investment Group, highlighted the strategic value of this acquisition, stating, “The portfolio's geographic diversity provides a strategic complement to the shallow-bay product we currently own and manage in the Midwest.” This acquisition aligns with Brennan’s goal to actively seek additional shallow-bay assets in the Midwest throughout 2026, particularly those situated in strong in-fill submarkets.

The company has plans to incorporate these newly acquired buildings into its existing 28 million square foot Midwestern portfolio, thus further solidifying its market position.

Brennan Investment Group: A Leader in Industrial Real Estate

Established in 2010, Brennan Investment Group has acquired or developed $6.5 billion in industrial real estate across 30 states in the U.S. The firm’s portfolio currently spans 29 states, encompassing approximately 60 million square feet of industrial properties. They co-invest with both private and institutional capital, focusing on delivering exceptional risk-adjusted returns.

With 18 regional offices throughout the United States, Brennan boasts one of the industry's most accomplished management teams, having invested in over 5,000 properties across more than 60 cities in the U.S., Canada, and Europe.

For more information about Brennan Investment Group and their initiatives, visit brennanllc.com.