Brennan Investment Group Expands Industrial Portfolio with New Acquisition in Hebron, Kentucky

Brennan Investment Group Expands Industrial Portfolio

Brennan Investment Group, a renowned private real estate investment firm based in Chicago, has recently secured another major asset in its ongoing strategy of acquiring, developing, and operating industrial facilities across the United States. On February 17, 2025, they announced the acquisition of a significant single-tenant industrial property measuring 100,000 square feet located on an expansive 18-acre site in Hebron, Kentucky. This acquisition is part of their Opportunity Fund that was launched in September 2024, with a primary focus on procuring surplus industrial real estate from corporate owners.

The newly acquired property is strategically located off I-275 near the Cincinnati/Northern Kentucky International Airport and the Amazon Prime Air Hub, making it a prime asset in the market. Brennan's acquisition price is notably below replacement cost, which reflects their commitment to finding value-added investment opportunities.

Doug Lance, the Senior Vice President for the Ohio/Indiana/Kentucky Region at Brennan Investment Group, highlighted the import of this strategic acquisition. He stated, "This acquisition highlights Brennan's acquisition criteria in the Greater Cincinnati/Northern Kentucky industrial market. The property's premier location adjacent to the airport, coupled with its strong functional attributes, provides a unique opportunity to deliver strong returns for our fund investors."

This latest property marks the third addition to their corporate real estate fund, confirming Brennan's position in this lucrative market segment. Jack Brennan, the Managing Principal for the Midwest Region, emphasized the significance of corporate ownership in the industrial real estate landscape, noting, "Corporate America remains the largest owner of industrial real estate in the nation. As such, the user-owned market continues to be an abundant source of value-added investments in the Midwest Region and throughout the US."

In an effort to increase the operational efficiency and aesthetic appeal of the facility, Brennan plans to undertake significant upgrades. Enhancements will focus on boosting the property's functionality, particularly by increasing loading capacity, which is crucial for a facility of this nature. Such improvements will not only broaden the appeal of the space to prospective tenants but also increase its overall value, benefitting investors involved in the Opportunity Fund.

Established in 2010, Brennan Investment Group has positioned itself as a dynamic player in the industrial real estate market. With a remarkable portfolio that has seen the acquisition or development of $6.5 billion worth of industrial properties across 30 states, they continue to seek out opportunities that promise exceptional risk-adjusted returns. Their current portfolio covers roughly 56 million square feet of real estate in 29 states, further emphasizing their expansive reach and commitment to excellence in the sector.

Brennan Investment Group is not only a leader in industrial real estate but also values co-investment strategies involving both private and institutional capital. With 18 regional offices across the United States and a management team with extensive expertise in real estate investments, they are well-equipped to navigate the complexities of the market. Having invested in over 5,000 properties that span more than 60 cities across the United States, Canada, and Europe, their reputation for success is well-established.

For investors and stakeholders keen to stay informed on Brennan Investment Group's activities and insights into industrial real estate, more information is available at brennanllc.com.