Facilities Leased to Rohrer Corporation
CHICAGO, May 4, 2016 -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, announced its purchase, and simultaneous leaseback of three industrial buildings to Rohrer Corporation (“Rohrer”) one of which is their corporate headquarters near Cleveland, OH. The other two buildings are located in submarkets within the Chicago and Atlanta area. Rohrer is a leading producer of skin and blister packaging and the largest supplier of visual carded packaging.
“The acquisition of the Rohrer facilities was funded through our $300,000,000 net leased joint venture with one of Arch Street Capital Advisors’ institutional clients,” said Robert Vanecko, Brennan Investment Group’s Managing Principal and the head of the firm’s single-tenant, net lease division. “We are excited to add this property to our growing portfolio. We have a strong appetite for additional properties that meet our criteria.”
CHICAGO, April 12, 2016 -- Brennan Investment Group, LLC, a private real estate investment firm that acquires and operates industrial properties on a national basis, announced the sale of 1870 General George Patton Drive in Franklin, Tennessee, in the Cool Springs submarket within the greater Nashville Metropolitan area. Brennan Investment Group owned the property in partnership with investor clients of Gatehouse Financial Group, an investment and banking services group of companies advised in the U.S. by Arch Street Capital Advisors, LLC.
This property was originally purchased in 2013 as part of a 25-building industrial portfolio in a joint venture with subsidiaries of Gatehouse.
CHICAGO, February 22, 2016 -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops and operates industrial properties on a national basis, has acquired a multi-tenant warehouse and distribution facility totaling 119,040 square feet located in Milwaukee, Wisconsin. Located within the Bradley Industrial Park, the convenient location permits easy expressway access to Milwaukee’s General Mitchell International Airport, greater Milwaukee, and the northern suburbs of Chicago.
“We are pleased to complete the acquisition of 8301 West Parkland Court. The Milwaukee market has demonstrated strong fundamentals, evidenced by 21 consecutive quarters of positive net absorption year-to-date, and an overall occupancy of 95.4%,” said Kevin Brennan, Vice President of Acquisitions at Brennan Investment Group.