CHICAGO—The industrial economy in the US has begun to reallyhum, and investors increasingly see the sector as areliable source of solid returns. And BrennanInvestment Group has just become the latest investor totake advantage of the revival. The Chicago-based company has joineda client of Arch Street Capital Advisors, LLC andformed a new $300 million joint venture that plans to buy aportfolio of industrial properties in the country's top metroareas.

The partners will focus their attention on facilities criticalto the tenants' mission. This is their fourth venture, but theprevious three were substantially smaller, each less than $200million, and Brennan officials tell GlobeSt.com that the boost infunding reflects their growing confidence in the US economy.

“What we see is a resurgence of American industry,” saysMichael Brennan, chairman and managing principalof the Brennan group, “because many of the forces that driveindustrial absorption have come back.” These include theresurrection of the auto industry, the tremendous expansion ofAmerican oil and natural gas production, the continuing revival ofthe multifamily and single-family home markets and the growingconfidence of lenders in mid-sized companies.

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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.