GRAND PRAIRIE, TX—Brennan Investment Group, LLC, a private investment firm that acquires, develops and operates industrial properties on a national basis, has completed the acquisition of Woodlands Business Park near Dallas.
The deal consists of three industrial facilities currently leased to twelve tenants. This acquisition was undertaken in a joint venture with Origin Capital Fund II LLC, advised by Original Capital Partners, Chicago.
"We are pleased to complete the acquisition of a three-building portfolio located in the Great Southwest market, a Dallas sub-market with strong fundamentals,” said Troy MacMane, co-founder and managing principal of Brennan Investment Group. “The strength of the overall Dallas/Fort Worth market is evidenced by 15 consecutive quarters of positive net absorption, and a vacancy rate of 6.3%."
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
