Brennan Investment Group, LLC, a private real estate investment firm that acquires and operates industrial properties on a national basis, announced its acquisition of two buildings located at 4400 Prime Parkway and 1380 Corporate Drive in McHenry, Illinois. These properties will be added to the 20-building industrial portfolio Brennan acquired in September of this year, purchased from Barnett Capital.
“These properties fit well within our recently acquired portfolio. Further, the Chicago industrial market remains robust with 4.7% vacancy and over 7 consecutive years of positive net absorption. We continue to look for strategic add-on properties to our Chicago holdings,” said Scott McKibben, Chief Investment Officer at Brennan Investment Group.