Brennan Investment Group, LLC, a private real estate investment firm that acquires and operates industrial properties on a national basis, announced the sale of 3602 North Kennicott Avenue in Arlington Heights, Illinois, and two buildings in Pleasant Prairie, Wisconsin, located at 8100 & 8200 100th Street.
These properties were originally purchased as part of a 23 building portfolio that Brennan and Goldman Sachs acquired in late 2014 located within the greater Chicago Metropolitan area from Mirvac Industrial Trust, an Australian public REIT.
“Brennan Investment Group’s approach is to recycle capital after completion of our asset management plans. We remain active, and interested, in investing in other opportunities throughout the United States,” said Scott McKibben, Co-founder and Chief Investment Officer for Brennan Investment Group.
Zach Graham, of CBRE, represented the buyer and seller on the Pleasant Prairie transactions and Jonathan Kohn and Thomas Rodeno, of Colliers, represented the buyer and seller on the Arlington Heights transaction.