Arch Street Capital Advisors, in partnership with Brennan Investment Group, has sold an 11-asset portfolio spanning over two million square feet of net lease industrial and office properties.
The portfolio, a joint venture between Arch and Brennan, was acquired via a single transaction in 2017 and included assets that lacked uniformity across the Midwest, Northeast, and Southeast regions of the U.S. The business plan included a bespoke leasing strategy for each property before opportunistically selling the assets individually and in small pairings to extract the portfolio's embedding value.
The portfolio's conclusion represents the seventh successful exit for the Arch-Brennan relationship.
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