Brennan Investment Group has promoted Luke McCarthy to senior associate with a focused responsibility to acquire industrial assets in the Milwaukee and Minneapolis markets.
McCarthy is responsible for financial and market analysis within these regions in addition to underwriting and due diligence. He reports directly to Kevin Brennan, managing principal at Brennan Investment Group.
The Midwest portfolio is Brennan’s largest, totaling 23 million square feet and includes holdings in Chicago, Indianapolis, Columbus, Cincinnati, Detroit, Minneapolis and Milwaukee. The Midwest has consistently demonstrated strong fundamentals with more than 52.5 million square feet of positive net absorption in 2019.
McCarthy sourced and completed a recent acquisition in Milwaukee, bringing Brennan’s Milwaukee portfolio total to more than 1 million square feet. The company’s Minneapolis portfolio is roughly 2.5 million square feet, for a combined total of 3.5 million square feet in Milwaukee and Minneapolis.