Michael Brennan, chairman and managing principal of Brennan Investment Group Michael Brennan, chairman and managing principal of Brennan Investment Group

CHICAGO—Locally-based Brennan Investment Group and Arch Street Capital Advisors, LLC of Greenwich, CT report they have formed their eighth real estate joint venture, a new $300-million fund focused on the acquisition of net-leased mission critical industrial properties.

The partners report the new joint venture has acquired two regional distribution properties totaling 1,152,000 square feet in the Jacksonville and Chicago metros. The properties are 100% leased to subsidiaries of BlueLinx Holdings Inc., a leading distributor of building and industrial products in the United States.

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John Jordan

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

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