Brennan Investment Group acquired a 56,000-square-foot light industrial facility on approximately five acres at 1010 Petersburg Road in Hebron, Kentucky.
The acquisition was structured as a sale-leaseback with an established rubber and plastics manufacturing company that has occupied the building for over 10 years.
The Property is located within the highly sought-after Airport submarket of Cincinnati, just two miles from CVG International Airport and approximately five miles from Interstates 275 and 75. The building is situated within the Airpark International Corridor, a fully-built-out, master-planned industrial park with a vacancy rate of under 5%.
Just last year, Brennan Investment Group acquired an adjacent 100,000 square foot industrial asset further strengthening its presence in the submarket.