Brennan Investment Group Expands Chicago Portfolio with Bolingbrook Sale-Leaseback

Event summary

  • Brennan Investment Group acquired a 55,000-square-foot Class A industrial facility in Bolingbrook, Illinois via a sale-leaseback transaction with Impact Networking, LLC.
  • The acquisition expands Brennan’s Chicago portfolio to 10.5 million square feet.
  • The property is located in the highly sought-after I-55 industrial corridor, offering premier access to regional and national transportation routes.
  • Impact Networking, LLC will remain in the building under a long-term lease.
  • The transaction was represented by Ryan Harding and Corey Chase of Newmark.

The big picture

Brennan Investment Group’s acquisition of the Bolingbrook facility aligns with its strategy of acquiring high-quality assets in supply-constrained locations. The deal underscores the resilience of the Chicago industrial market, particularly in infill submarkets, and highlights the firm’s focus on creating value through strategic 'bolt-on' acquisitions. With a portfolio spanning 30 states and approximately 58 million square feet, Brennan continues to expand its footprint in key metropolitan markets.

What we're watching

Portfolio Scale
How Brennan will leverage this acquisition to further consolidate its position in the Chicago industrial market.
Tenant Stability
Whether Impact Networking’s long-term lease will provide stable cash flow amid potential market fluctuations.
Market Dynamics
The pace at which demand for infill industrial properties in supply-constrained locations like Bolingbrook will continue to grow.

Related topics

Acquisition