Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, has acquired an 801,728-square-foot industrial portfolio located across the Chicagoland and Milwaukee markets.
The portfolio is comprised of 13 shallow-bay industrial buildings with a diverse tenant mix and a weighted average lease term over more than four years. The Chicago submarkets include Interstate 55, Lake County, Northern DuPage, Central Kane/Interstae 88, while the Milwaukee properties are located within Milwaukee’s airport and Northwest submarkets.
“This acquisition adds diversification to Brennan’s growing portfolio and bolsters our presence within key submarkets,” said Dan Smith, senior vice President for Brennan’s Chicago region. “Our increased footprint allows us to continue our pursuit of one-off acquisitions of well-located, functional industrial product.”
Brennan plans to fold the 13 buildings into its 28-million-square-foot Midwestern portfolio. The portfolio features an average building size of 62,000 square feet, an industrial subset that continues to see strong leasing demand.
“The portfolio’s geographic diversity provides a strategic complement to the shallow bay product we currently own and manage in the Midwest,” said Jack Brennan, managing principal of Brennan Investment Group. “We are eager to continue acquiring shallow bay assets throughout the Midwest in 2026 that are located in strong in-fill submarkets.”
