Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops and operates industrial properties on a national basis, acquired the Cumberland Metro Office Park. This portfolio consists of twelve multi-tenant, single-story office/flex buildings totaling approximately 164,448 square feet in the O’Hare submarket of Chicago.
“We are pleased to complete the acquisition of Cumberland Metro Office Park. The O’Hare submarket has demonstrated strong fundamentals, evidenced by twelve consecutive quarters of positive net absorption,” said Kevin Brennan, Vice President of Acquisitions at Brennan Investment Group.
Scott McKibben, Co-Founder and Managing Principal of Brennan Investment Group, stated, “Cumberland Metro offered us a rare opportunity to acquire twelve assets in the City of Chicago, located on nearly fifteen acres of land, less than two miles from O’Hare Airport. Our investment criteria allows us to act quickly when we see compelling, intrinsic value.”
