Brennan Investment Group, a Chicago-based real estate investment, has acquired Yorkbrook Business Park, a 17-building industrial portfolio located in Lombard, Illinois.
The portfolio covers 740,000 square feet across the 17 individual buildings and is located on approximately 60 acres. The financial aspects of the deal were not disclosed.
“This acquisition represents an exciting expansion and strengthens our commitment to DuPage County,” said Dan Smith, Brennan’s vice president of acquisitions for the Chicago market. “The portfolio’s close proximity to I-355 and I-88 offers a convenient location for many of its service-oriented tenants. With high historic occupancy and strong demographics, the park is well-positioned to serve its tenant base.”
Photo courtesy of LoopNet
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