-Venture purchases industrial complex in greater Cincinnati for its inaugural transaction
-The Venture has $300,000,000 in purchasing capacity
CHICAGO, September 8, 2014 -- Brennan Investment Group ("Brennan"), a U.S. based real estate firm, and a client of Arch Street Capital Advisors, LLC ("Arch Street"), a Greenwich, Connecticut based real estate investment advisory firm, have announced the formation of a joint venture to own and manage a substantial portfolio of industrial properties throughout the United States. The venture will focus on acquiring individual industrial assets in major markets in the United States that are critical facilities to tenants, leased on a long-term basis. In conjunction with the formation of the Brennan/Arch Street venture, PNC Bank, N.A. ("PNC") provided the venture with a financing line of credit facility to enhance the venture's efficiency in closing both portfolio and individual asset purchases.