Project is "Phase II" to Brennan's Current Thornton Development
Aggregate Investments Made in Denver Now Exceed$335 Million
DENVER,Dec. 7, 2022/PRNewswire/ -- Brennan Investment Group ("Brennan"), a private real estate investment firm that acquires, develops, and operates industrial facilities throughoutthe United States, has acquired approximately 37 acres at the southeast corner of East 128th and Interstate 25 inThornton, Colorado, situated within the丹佛metro area. The site is well-located in the I-25 industrial submarket of丹佛13英里of downtown丹佛and provides visibility from Interstate 25.
Brennan will develop four Class-A distribution facilities totaling approximately 415,000 SF as "Phase II" of Brennan's current, adjacent project. The design features first-class amenities that exceed market standards including 28' clear height, ESFR sprinkler system, and abundant automobile parking. The rear load design, with building depths of 160' to 200', can accommodate multi-tenant occupancy, with divisibility as small as 16,000 SF. "The mix of building dimensions provides flexibility and can accommodate a wide-range of tenant demand sizes in the North I-25 Submarket," explainedJohn Torp, Vice-President in Brennan's Mountain West Region. "Additionally, the site's location provides outstanding visibility and identity along Interstate 25."
"The North Submarket continues to see strong expansion due to its proximity to the core areas of丹佛.Additionally,Thorntonefficiently servicesColoradosuburbs likeBoulderandLongmontto the northwest andFort CollinsandGreeleyto the north," saidBrian Roach, Managing Principal of Brennan's Mountain West Region.
"Brennan allocates its capital to areas where strong demographic trends will continue for years to come," observedScott McKibben, Brennan's Chief Investment Officer and Co-Founder. "These powerful demographic forces make丹佛a sound bet for both the near and long term."
Brennan Investment Group, aChicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughoutthe United States.Since 2010, Brennan Investment Group has acquired over$4 billionin industrial real estate. The company's current portfolio spans 27 states and encompasses 52 million square feet.
Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The firm's management team is among the most accomplished in its industry, having invested in over 4,000 properties covering more than 60 cities throughoutthe United States,CanadaandEurope.
For more information on Brennan Investment Group, go to brennanllc.com.
CONTACT:Ursula Walendzewicz,[email protected], 8476308722
SOURCE Brennan Investment Group, LLC
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