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.
Scott McKibben, Chief Investment Officer at Brennan Investment Group, stated, “This acquisition is illustrative of our strategy to acquire functional, well-located assets in strong markets which supports our investment objective of producing predictable cash flow and capital appreciation for investors.”