Brennan Investment Group has partnered with ArchStreet Capital to form their fourth joint venture together, which plans to purchase $300 million of single tenant net leased industrial properties throughout the United States. In support of this venture, we have an acquisition line of credit with a major national bank which allows us to close in 45 days or less. The joint venture closed its first acquisition in August 2014 and is actively seeking new investments.
Brennan Investment Group is actively seeking properties meeting the following criteria for its net lease program:
Property Type: Single Tenant Net Leased Industrial Properties Location: Top 100 MSAs Nationwide Deal Size: $8M and up Remaining Lease Term: 13 years or more Tenant Credit: Non-Investment Grade, Middle Market Credits Facility Type: Manufacturing, Warehouse/Distribution, R&D/Flex Lease Type: Absolute NNN
