Thank you for sharing!

Your article was successfully shared with the contacts you provided.
min-NavarreBuilding760049thAveNorthNewHopeMN-200 (3) This building on 49th Ave. North in New Hope, MN, a suburb of Minneapolis, is the one property in the portfolio that is currently vacant.

CHICAGO—The US industrial market keeps getting stronger, and many investors have set their sights on value-add portfolios. Brennan Investment Group, a US real estate company, and a client of Arch Street Capital Advisors, LLC, a Greenwich, CT-based real estate investment advisory firm, recently took another step into this market segment by acquiring an 11-building portfolio located in eight states and totaling 2,497,982 square feet. The price was $100 million. The seller was an institutional owner.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

More from this author


Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.