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Brennan Buys 20-Building U.S. Industrial Portfolio

Rosemont, IL-based Brennan Investment Group, LLC acquired a 20-building industrial portfolio, totaling more than two million square feet across nine states, from Barnett Capital for $84 million. The 100%-leased portfolio is located mainly in Chicago, Kansas City, and Pittsburgh and consists primarily of warehouse, distribution and light manufacturing facilities.

Five properties are located in the Chicago-area. The others are located in IN, MO, OH, PA, SC, TN, TX and WI. Among the larger assets include:

-1100 Corporate Parkway, McHenry, IL (378,350 square feet, pictured),

-2001 Innerbelt Business Center Dr., St. Louis, MO (171,640 square feet),

-1601-1731 St. Louis Ave, Kansas City, MO (244,627 square feet)

-130-150 W. Edgerton, Milwaukee, WI (120,000 square feet).

CBRE’s Ryan Bain and Zach Graham represented both parties.

The deal boosts Brennan’s portfolio to more than 33 million square feet, and follows a $100-million, 11-building, 2.5-million-square-foot industrial portfolio acquisition earlier this month.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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