advertisement

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.

Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.