Brennan buys Lombard's Woodlake
ROSEMONT - Brennan Investment Group LLC, a private real estate investment firm that acquires, develops and operates industrial properties, said Monday it has acquired Woodlake Corporate Park in Lombard for about $28 million.
The complex includes seven industrial buildings with a total of 262,697 square feet. Tenants are Acceptance Insurance, Aspect Software Inc., B&R Industrial Automation Corp., Crown Castle, Interactive Data Corp. and others, according to the Woodlake website.
"This acquisition was an excellent opportunity to acquire an institutional-quality business park with the ability to add value through additional leasing of the vacant space," Kevin Brennan, Brennan's vice president of acquisitions, said in a statement.