Brennan Investment Group Acquires 17-Building Yorkbrook Business Park

Author

Slice of Real Estate Team
September 16, 2024

Key Highlights:

  • Brennan Investment Group acquires Yorkbrook Business Park, a 17-building industrial portfolio.

  • The portfolio spans 740,000 square feet across 60 acres in DuPage County, Illinois.

  • Proximity to I-355 and I-88 provides convenience for the park's tenants.

  • The acquisition underscores Brennan's commitment to infill industrial assets in key markets.

  • Strong historic occupancy and demographics in the area enhance the value of the investment.

Source: PR Newswire

Notable Quotes:

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"This acquisition represents an exciting expansion and strengthens our commitment to DuPage County."

Dan Smith, Vice President of Acquisitions at Brennan Investment Group
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"We remain dedicated to areas with strong demographics and healthy underlying fundamentals."

Kevin Brennan, Co-Founder and Chief Investment Officer at Brennan Investment Group

Our Take:

Brennan Investment Group’s acquisition of Yorkbrook Business Park is a strategic move that highlights the firm’s focus on expanding in high-demand industrial markets. The park’s location in DuPage County, with access to key transportation routes like I-355 and I-88, makes it an attractive option for service-oriented tenants. Given Brennan's historical success and the strong local demographics, this investment is likely to yield long-term value for the company and its partners. Additionally, Brennan’s commitment to growing its footprint in industrial infill locations positions the firm well to capitalize on increasing demand in these submarkets.