Transaction is Brennan's second Orlando portfolio acquisition in 2015
CHICAGO, December 3, 2015 -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops and operates industrial properties on a national basis, has acquired an eight-building industrial portfolio totaling 254,915 square feet. This portfolio consists of light-industrial buildings located in the Northwest Orange County submarket of Orlando, Florida.
“We are pleased to complete the acquisition of this eight building portfolio in the Northwest Orange County submarket, one of the largest industrial submarkets in Orlando, totaling over 21 million square feet. The Orlando market has demonstrated strong fundamentals, evidenced by 2.5 million square feet of positive net absorption year-to-date, and a vacancy rate of 9.2%, down 60 basis points from this time last year,” said Scott McKibben, Chief Investment Officer at Brennan Investment Group.
CHICAGO, November 5, 2015 -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops and operates industrial properties on a national basis, has acquired a six-building industrial portfolio totaling 132,997 square feet located at 8600-8850 Jameel Road in Houston, TX and 12705 S Kirkwood Road in Stafford, TX. The grade-level industrial buildings are well-maintained and institutional-owned, with a mix of office and warehouse space.
CHICAGO, October 15, 2015 -- Brennan Investment Group is pleased to announce that Thomas F. Philbin has joined the company as a Senior Vice President of Asset Management. Mr. Philbin will oversee all aspects of the Brennan portfolio operations including leasing, construction, insurance, taxes and day-to-day operations.