Property contains 28 acres and serves and the primary North American production operation
CHICAGO, October 5, 2016 -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, acquired a three building industrial campus at 3000 South Austin Avenue in Georgetown, Texas. The Property is located in the greater Austin market and contains 192,060 square feet and is 100% leased to Manitex, Inc., a leading provider of engineered specialty lifting and loading products. The Property has easy access to I-35, a major north-south route, which serves as a primary corridor from San Antonio and into Mexico to the south and to the north through Dallas.
This marks Brennan’s second acquisition in the Austin area in 2016 and increases Brennan’s total Texas region portfolio to 32 buildings. In February, Brennan acquired a 200,411 square foot vacant industrial facility at 101 Chisholm Trail in Round Rock, Texas which is undergoing redevelopment into a food processing facility.