Earlier this year, Brennan began construction on Elk Grove Technology Park in suburban Chicago. Earlier this year, Brennan beganconstruction on Elk Grove Technology Park in suburbanChicago.

CHICAGO—A net lease joint venture formed last year byChicago-based Brennan Investment Group, LLC and Arch Street CapitalAdvisors of Greenwich, CT has acquired a three-building industrialportfolio totaling more than a half-million square feet inWisconsin and Pennsylvania.

The three-building industrial portfolio totaling 500,081 squarefeet is located in the Green Bay, WI and Northeastern PennsylvaniaMSAs and are all 100% leased to Progressive Converting, Inc., thelargest independent paper converting company in the nation. ThePro-Con properties include the company's corporate headquarters andprimary manufacturing facilities. No financial terms of thetransaction were reported.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.