Chicago-based Brennan Investment Group and an institutional client of Arch Street Capital Advisors, a New York-based real estate investment advisory firm, have announced the formation of their tenth joint venture to acquire, own and manage a portfolio of industrial properties throughout the United States.

The new venture acquired a critical manufacturing property totaling 386,705 square feet near Nashville in Corbin, Kentucky. The property is 100% leased to a subsidiary of Trèves Group, a global auto supplier.

“We are excited to launch our tenth venture to invest in mission-critical facilities throughout the country,” said Michael Brennan, Chairman and Managing Principal of Brennan Investment Group. The United States industrial market remains strong and continues to benefit from long-term secular trends, including e-commerce, automation, nearshoring, supply chain repositioning and data centers.”

Over the past 12 years, Brennan and Arch Street have collectively acquired over 100 properties comprising nearly 25 million square feet in the single-tenant, net lease sector. Anup Patel, CEO of Arch Street, added, “The current market presents an exceptionally compelling investment opportunity, and we remain eager to identify and execute promising transactions.”