CHICAGO, April 12, 2016 /PRNewswire/ -- Brennan Investment Group, LLC, a private real estate investment firm that acquires and operates industrial properties on a national basis, announced the sale of 1870 General George Patton Drive in Franklin, Tennessee, in the Cool Springs submarket within the greater Nashville Metropolitan area. Brennan Investment Group owned the property in partnership with investor clients of Gatehouse Financial Group, an investment and banking services group of companies advised in the U.S. by Arch Street Capital Advisors, LLC.
This property was originally purchased in 2013 as part of a 25-building industrial portfolio in a joint venture with subsidiaries of Gatehouse.
"Brennan Investment Group is an active manager of its investment holdings, selling assets opportunistically, or at the completion of our asset management plan," said Eric Clausen, Vice President of Asset Management for Brennan Investment Group. "We were pleased to conclude this user sale for our partnership, which is a prime example of our proactive approach to investment management."
Todd Prevost and Jody Elder, of Avison Young, represented Brennan Investment Group in this transaction, and Tim Stowell, of Corporate Real Estate Advisors, represented the purchaser.
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 over $1.4 billion in industrial real estate. The company's current portfolio spans 21 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 www.brennanllc.com.
About Gatehouse Financial Group
Gatehouse Financial Group Ltd is the Jersey-based parent company of Gatehouse Bank plc, an investment bank based in the City of London founded in 2007, and of Gatehouse Capital KSCC, an investment advisory firm based in the city of Kuwait founded in 1998. The Group advises funds with approximately $1.5 billion of assets in the United States and United Kingdom. The Group offers Shariah–compliant banking services with a primary focus on global real estate investment opportunities and real estate financing, in addition to offering wealth management and treasury products.
For more information please visit our website www.gatehousegroup.com.
About Arch Street Capital Advisors
Arch Street Capital Advisors, L.L.C. is a full service real estate investment and advisory firm founded in 2003. Arch Street specializes in advising international investors on their U.S. real estate strategies and has advised clients on more than $5.5 billion of transactions. On behalf of its clients the company manages a diverse portfolio of investments spanning multiple real estate sectors and risk-return profiles. The company possesses significant transactional experience and expertise servicing the needs of Sharia-compliant capital.
For more information, please visit www.archstreetcapital.com.
Brennan Investment Group, LLC
Tel +1 847-813-6800
Fax +1 847-257-8888
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SOURCE Brennan Investment Group