Brennan Investment Group and an institutional client of Arch Street Capital Advisors have announced the formation of their 10th joint venture to acquire, own and manage a substantial portfolio of industrial properties throughout the United States.
The venture will focus on acquiring individual industrial assets in top industrial markets in the United States that are mission-critical facilities to tenants and leased on a long-term basis.
The new venture acquired a critical manufacturing property totaling 386,705 square feet in Corbin, Kentucky, near Knoxville, Tennessee. The property is 100% leased to a subsidiary of Trèves Group, a leading global auto supplier focused on automotive interiors and acoustic environments.
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. The venture seeks to build on the partners’ prior success in the sector.
