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Brennan Acquires 7-Building Portfolio in Chicago’s O’Hare Submarket
Brennan Investment Group has acquired seven buildings in Wood Dale, Illinois. Situated on 12.5 contiguous acres in Chicago’s O’Hare submarket, the portfolio spans 280,947 square feet and features frontage on I-390 and Thorndale Avenue.
“This investment serves as a strategic expansion within Brennan’s 10 million SF Chicagoland portfolio and solidifies the company’s ongoing commitment to investment in the O’Hare submarket,” said Dan Smith, Brennan’s Vice President tasked with leading acquisitions and developments in the Chicago, Milwaukee, and Minneapolis markets.
The portfolio has been institutionally owned for over 20 years and is 100 percent leased to a diverse tenant base that operates across several key business sectors. Located in DuPage County, the portfolio sits within a well-established O’Hare industrial corridor that features just 2.1 percent vacancy across 101 million square feet. The immediate area offers a robust, diverse labor pool, and provides access throughout O’Hare and the greater Chicagoland market.
