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Chicago’s Brennan Group Developing Two Cincinnati Industrial Properties
Chicago-based Brennan Investment Group has acquired 34 acres of land at Seward Road and Symmes Road in Fairfield, OH.
The plan is to develop two state-of-the-art distribution facilities of approximately 282,000 and 163,000 square feet, respectively, for a total of 445,000 square feet. The greater Cincinnati industrial market is 95% occupied, distinguished by its key geographical location and world class air freight capabilities.
“The land site we acquired is classic in-fill and will meet the expanding needs of both 3PLs and general retailers and wholesalers,” commented Doug Lance, Brennan’s VP with responsibility for multiple Midwestern markets, including Cincinnati, Columbus, Indianapolis, Dayton and Louisville.
“In addition to the site’s access to I-75 and I-275, the Cincinnati-Northern Kentucky International Airport (CVG) is in close proximity. Because CVG is home to DHL and the new Amazon Air Hub, Air Cargo World recently ranked CVG as the top air cargo airport in the world.”
- ◦Development