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Chicago & Midwest  + Greater Chicagoland  + Industrial  |  December 2, 2024
Jasmine Kilman
By: Jasmine Kilman

Brennan Investment Group’s Opportunity Fund Acquires Second Asset

Brennan Investment Group has acquired a single-tenant, 225,000-square-foot industrial property on 7.16 acres in Chicago, Illinois. Located at Interstate 55 and Pulaski Road, the property benefits from its infill location and an acquisition price below replacement cost.

“This acquisition exemplifies Brennan’s approach to identifying opportunities in the highly competitive Chicagoland industrial market,” said Dan Smith, Vice President for the Chicago Region. “The property’s infill location, coupled with its below-market rents and multiple paths to value creation, provides a unique opportunity to deliver strong returns for our fund investors.”

“This marks the second acquisition in our corporate real estate fund,” added Jack Brennan, Managing Principal of the Midwest Region. The are plans to reposition the property by enhancing functionality through significant property improvements, including doubling the existing loading capacity.

Michael Brennan will receive Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!

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Inside The Story

Brennan Investment Group

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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