CHICAGO, Feb. 22, 2016 /PRNewswire/ -- 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."
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. Since 2010, Brennan Investment Group has acquired nearly $1.3 billion in industrial real estate. The company's current portfolio spans 22 states and encompasses nearly 23 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
SOURCE Brennan Investment Group