Brennan Acquires 37 Acres in Thornton, Colorado

Project is "Phase II" to Brennan's Current Thornton Development

Aggregate Investments Made in Denver Now Exceed $335 Million

DENVER, Dec. 7, 2022 /PRNewswire/ -- Brennan Investment Group ("Brennan"), a private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States, has acquired approximately 37 acres at the southeast corner of East 128th and Interstate 25 in Thornton, Colorado, situated within the Denver metro area. The site is well-located in the I-25 industrial submarket of Denver, 13 miles north of downtown Denver and provides visibility from Interstate 25.

Brennan will develop four Class-A distribution facilities totaling approximately 415,000 SF as "Phase II" of Brennan's current, adjacent project. The design features first-class amenities that exceed market standards including 28' clear height, ESFR sprinkler system, and abundant automobile parking.  The rear load design, with building depths of 160' to 200', can accommodate multi-tenant occupancy, with divisibility as small as 16,000 SF. "The mix of building dimensions provides flexibility and can accommodate a wide-range of tenant demand sizes in the North I-25 Submarket," explained John Torp, Vice-President in Brennan's Mountain West Region. "Additionally, the site's location provides outstanding visibility and identity along Interstate 25."

"The North Submarket continues to see strong expansion due to its proximity to the core areas of Denver. Additionally, Thornton efficiently services Colorado suburbs like Boulder and Longmont to the northwest and Fort Collins and Greeley to the north," said Brian Roach, Managing Principal of Brennan's Mountain West Region.

"Brennan allocates its capital to areas where strong demographic trends will continue for years to come," observed Scott McKibben, Brennan's Chief Investment Officer and Co-Founder. "These powerful demographic forces make Denver a sound bet for both the near and long term."

Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Since 2010, Brennan Investment Group has acquired over $4 billion in industrial real estate. The company's current portfolio spans 27 states and encompasses 52 million square feet.

Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The firm's management team is among the most accomplished in its industry, having invested in over 4,000 properties covering more than 60 cities throughout the United States, Canada and Europe.

For more information on Brennan Investment Group, go to brennanllc.com.

CONTACT: Ursula Walendzewicz, [email protected], 8476308722

SOURCE Brennan Investment Group, LLC