Brennan Investment Group Completes Industrial Acquisition in Metro Atlanta, Georgia
CHICAGO, Nov. 13, 2012 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires and operates industrial properties on a national basis, announced its acquisition of 1000 Evenflo Drive in Ball Ground, Georgia, part of Atlanta's Northwest Industrial Submarket. The property is a 364,000 square foot Class A industrial facility which is 100% leased to SMB Machinery Systems and Meyn America. Headquartered in the Netherlands, Meyn is a global leader in the poultry processing solutions business, and was recently acquired by CTB, Inc., a wholly-owned subsidiary of Berkshire Hathaway. 1000 Evenflo Drive is Meyn's North American Headquarters facility. SMB Machinery Systems is a national leader in the hospitality and beverage equipment business, and is corporately headquartered in the property.
"Atlanta is an important industrial market, with over 605 million square feet, demonstrating its role as the transportation hub of the Southeastern United States," said Michael Brennan, Chairman and Co-Founder of Brennan Investment Group. "Its demographics and diversity should insure the long term growth of its economy."
"The facility is both flexible and well designed, and will allow our tenants, Meyn and SMB, to operate their businesses here for many years to come," said Bob Krueger, Southeast Managing Principal and Co-Founder of Brennan Investment Group. "This acquisition is illustrative of Brennan Investment Group's ability to acquire mission critical facilities in major metropolitan markets."
Brennan Investment Group is now actively pursuing many individual properties and portfolios in the Los Angeles, Texas, Florida, Washington D.C., Northern New Jersey, Atlanta, and Midwestern industrial markets.
Kevin Markwordt of Transwestern in Atlanta represented the seller in the transaction.
About Brennan Investment Group
Brennan Investment Group, LLC, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States.
Brennan Investment Group, LLC 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, go to www.brennaninvestmentgroup.com.
Brennan Investment Group, LLC
2340 River Rd
Des Plaines, IL 60018
Tel +1 847-257-8800
Fax +1 847-257-8888
SOURCE Brennan Investment Group, LLC