CHICAGO, April 17, 2017 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, has acquired a nine-building industrial portfolio totaling 559,367 square feet in Kansas City, Missouri.
"Our new investment in Kansas City exhibits the key elements of our value add investment criteria: an infill location, with modern functional attributes, priced below replacement cost," stated Scott McKibben, Chief Investment Officer and Managing Principal of Brennan Investment Group. "As well, the fundamentals of the industrial sector continue to show significant strength and momentum."
Brian Roach, Senior Vice President at Brennan Investment Group remarked, "We are pleased to complete our portfolio acquisition in the strong Jackson County submarket of Kansas City. The overall Kansas City market continues to be robust with over 2 million square feet absorbed in the first quarter of 2017."
Roach, formally a Senior Vice President with DCT Industrial, joined Brennan Investment Group in November of 2016.
About Brennan Investment Group
Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Brennan owns and manages an industrial portfolio with a market value in excess of $3 billion. The company's current portfolio spans 23 states and encompasses over 31 million square feet.
Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The firm's management team is among the most accomplished in its industry, having invested in over 4,000 properties covering more than 60 cities throughout the United States, Canada and Europe.
For more information on Brennan Investment Group, go to brennanllc.com.
Brennan Investment Group, LLC
9450 W. Bryn Mawr
Rosemont, Illinois 60018
Tel +1 847-813-6800
Fax +1 847-257-8888
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SOURCE Brennan Investment Group, LLC