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Photo of Scott McKibben McKibben says the deal is “consistent with our investment objective of producing stable, long-term cash flow for our investors.”

CHICAGO—Brennan Investment Group and Arch Street Capital have continued their partnership on acquiring single-tenant, net leased industrial properties with a 2.3-million-square-foot sale leaseback involving building materials supplier BlueLinx Corp. It follows January’s acquisition of a 477,152-square-foot warehouse in Canton, GA, leased entirely to furniture retailer Belnick Corp.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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