Regent O’Hare Industrial Portfolio Gets $56.8M in Financing
The Chicago Capital Markets Team of Cushman & Wakefield represents Investcorp and Brennan Investment Group in the deal.
CHICAGO—Cushman & Wakefield recently revealed that the firm represented Investcorp International Realty, Inc. and Brennan Investment Group in securing $55.8 million in acquisition financing from CIBC for the Regent O’Hare Industrial Portfolio in Elk Grove Village, IL. Jeff Altenau, Gideon Gil, and Zach Yarnoff represented Investcorp and Brennan Investment Group.
Regent O’Hare is comprised of eight, urban-infill industrial buildings totaling 955,460 square feet, located in the heart of Chicago’s coveted O’Hare submarket. The portfolio is 92% leased with a granular rent roll featuring 55+ distinct tenants.
“Industrial is perhaps the most sought-after asset class in the current environment, so the Regent O’Hare portfolio drew intense interest from top lenders,” said Altenau. “What’s more, they were attracted to Investcorp’s and Brennan’s strength and experience in industrial, particularly in the Chicago market.”