Brennan Investment Group Launches Corporate Real Estate Initiative under CRES Brand

Brennan Investment Group | May 19, 2020

Brennan Investment Group Launches Corporate Real Estate Initiative under CRES Brand
  • Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial real estate facilities throughout the United States.

  • Under CRES, Brennan will help companies improve supply chain efficiency by purchasing surplus industrial real estate, providing customized build-to-suits.

  • CRES will undertake both single transactions and multi-property, multi-location portfolio acquisitions.

Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial real estate facilities throughout the United States has announced its corporate real estate initiative, under the Corporate Real Estate Solutions (CRES) brand. Under CRES, Brennan will help companies improve supply chain efficiency by purchasing surplus industrial real estate, providing customized build-to-suits, and entering into both long- and short-term sale leasebacks. With a nationwide portfolio of 44 million square feet and nine offices, Brennan's national platform is uniquely positioned to provide integrated industrial solutions for Corporate America.


Corporations, not investors, own the majority of our nation's industrial land and buildings. Further, more than at any time in history, supply chain designs are rapidly evolving with the goal of minimizing disruptions. Whether caused by port-of-call labor disputes, geopolitical uncertainties, or supply disruptions from pandemics, Corporate America has begun a supply chain reconfiguration process that will require a decade to complete. Brennan will offer its platform, its capital, and its expertise to rebuild the backbone of our nation's industrial infrastructure,

Michael Brennan, Chairman and Co-Founder of Brennan Investment Group.

Read More: Zillow Resumes Home Buying with a Renewed Commitment to Real Estate Health Safety Initiative   

Beyond geopolitics or pandemics, advances in technology have also accelerated supply chain reconfigurations. "For years, the United States lost much of its manufacturing base to low cost labor countries," observed Brennan, "but technology, such as robotics, removed the comparative advantage of cheap labor, allowing companies to repatriate back to U.S. shores. The technology catalysts that drove e-commerce will do the same for the manufacturing sector."

Brennan's CRES initiative will continue to serve the traditional needs of corporations, including sale leasebacks. Through its single-tenant net lease division, Brennan has acquired over 20 million square feet of mission critical buildings. Robert Vanecko, Managing Principal and head of Brennan's single-tenant net lease division observed, "the desire to be 'asset light' is a key driver. This liberates new capital for our tenant and also increases the value of the tenant's operating business. The presence of private equity firms purchasing operating companies has accelerated the 'asset light' operating model."


Organized to provide customized solutions, CRES will undertake both single transactions and multi-property, multi-location portfolio acquisitions. The essence of CRES is quite simple: to help corporations. If that means purchasing a single surplus asset, we'll do it. If it's a build-to-suit, an expansion of an existing facility, a portfolio of assets, or any combination of that, we'll do it. We want to say 'yes' as often as we can,

Scott McKibben, Brennan's Chief Investment Officer and Managing Principal.

The criteria for the new CRES program is as follows:

• Size: $3 million up to $500 million

• Locations: Top 100 MSA's

• Property Types: distribution, manufacturing, light industrial, R and D

• Transaction Types: surplus assets, long- and short-term sale leasebacks, build-to-suits, expansions, single assets or portfolios

• Credit: investment grade or non-investment grade

"Our CRES program is well suited for this environment," commented McKibben. "Its broad reach can help both large and smaller corporations, in up to 100 MSA's, with an ability to undertake the simplest to the most complex transactions."    

Read More: 6 Ways to Finance Real Estate Investments

About Brennan Investment Group

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 29 states and encompasses 44 million square feet.


Frank Rolfe of shows you what the inside of a newer mobile home looks like. He shows you what they look for in a mobile home to pull into one of their mobile home parks

Related News

Introducing the Real Estate Almanac: the residential real estate's most comprehensive annual compendium

T3 Sixty, LLC. | June 22, 2020

T3 Sixty, the residential real estate brokerage industry's leading research and advisory firm, has released the 2020 Real Estate Almanac. This 450-page annual printed report analyzes the core components of the residential real estate brokerage industry and organizes key data about them into five sections: leaders (SP 200), organized real estate (ORE 200), technology (Tech 500), enterprises (franchise brands and holding companies) and brokerages (Mega 1000). Released electronically in the first five months of the year, each section comes together in the comprehensive printed edition of the Real Estate Almanac: one resource that gives industry executives insight into where the industry is, where it is headed and who is taking it there. The compendium includes 2,257 companies, organizations and leaders who excelled in 2019 and lead the industry in 2020.

Read More


Inducted into the Forbes Real Estate Council by Paul E. Griffin III

prnewswire | December 23, 2020

Paul E. Griffin III, author and CEO of Griffin Living, an imaginative senior lodging engineer, has been accepted into Forbes Real Estate Council, a greeting just network for heads in the land business. Griffin was considered and chosen by a survey board dependent on the profundity and variety of his experience. Models for acceptance incorporate a history of amazing development measurements, just as close to home and expert accomplishments and respects. Griffin has created an abundance of 4 billion dollars of significant worth with his land improvement organizations. He has been respected as Habitat for Humanity's Builder of the Year (Hammer of Hope) and the Building Industry Association's Builder of the Year and now serves on the board for the UCLA Ziman Center for Real Estate. "We are honored to welcome Paul into the community," said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Real Estate Business Council. "Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world." Paul says, "I am honored to be a part of this community and to have the opportunity to connect with like-minded real estate executives. The Forbes Real Estate Council will help Griffin Living as we develop our innovative senior living communities and lead a movement toward giving seniors the dignified and luxurious lifestyle they deserve." ABOUT GRIFFIN LIVING Griffin Living is an award-winning, privately-owned real estate development firm headquartered in Calabasas, CA with experience in developing residential, commercial, retail, and master planning communities. They are currently focused on building a sizable portfolio of senior living communities rooted in the honor and dignity of aging. They prioritize features and amenities that cater to residents' independent, active, and vibrant lifestyles.

Read More


Sotheby's And Realogy Form Strategic Partnership In Joint Acquisition Of Concierge Auctions

Realogy Holdings Corp. | November 18, 2021

Sotheby's, the world's premier destination for fine art and luxury goods, and Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, today announced the acquisition of Concierge Auctions, the leading global luxury real estate auction marketplace. Under the terms of the agreement, Sotheby's and Realogy will take a joint 80% ownership stake in Concierge Auctions, while company co-founders Chad Roffers and Laura Brady will remain President and Chief Executive Officer, respectively. Concierge Auctions will operate independently, continuing to partner with real estate agents affiliated with many of the industry's leading brokerages to host luxury online auctions for clients. A newly formed Board of Managers will be made up of Sotheby's and Realogy executives and chaired by Philip White, CEO and President of Sotheby's International Realty, a Realogy brand. Financial terms were not disclosed. Luxury online auctions is a growing sector of the real estate industry, particularly at the high-end, where a more limited buyer pool exists and properties can be harder to value and sell. Concierge Auctions, founded in 2008, creates predictability and liquidity for sellers in an accelerated timeframe and is designed to work with real estate agents as trusted advisors, not disintermediate them. In fact, co-founders Roffers and Brady have both successfully served as licensed real estate agents, and the company has never auctioned a property without working in partnership with a local real estate broker. With an extensive network of independent luxury agents and high-net-worth clients, Concierge Auctions' technology platform serves as an additional tool for agents to market and sell unique, one-of-a-kind luxury properties around the world. In 2020, Concierge Auctions reported processing more than $3.4 billion in competitive bids with an average home sell price of $3.5 million. And, just this year, the company broke its fourth world record for highest price of a single-family home ever sold at auction with the sale of Villa Firenze, one of the most expensive residential properties in the world, listed for sale at $165 million. Prior world records have included the sale of Villa Passalacqua in Lake Como, Italy (listed for €100 million); Playa Vista Isle in Hillsboro Beach, Florida (listed for $159 million); and Walnut Place in Dallas, Texas (listed for $48.9 million). With Realogy's more than 300,000 globally affiliated real estate agents across six brands, including Sotheby's International Realty®, Corcoran®, and Coldwell Banker®, Concierge Auctions will benefit from increased distribution, lead generation, and industry-leading data scale, along with enhanced marketing visibility from the brands and affiliated agents. Sotheby's will provide Concierge Auctions with deep luxury auction expertise, including innovation in online and live auctions, and access to an unmatched global network of fine art and luxury goods collectors. "Realogy is the market leader in luxury real estate, an area in which we continue to strategically invest to drive future growth. As demand for luxury real estate auctions increases, we believe Realogy and Sotheby's can jointly bring powerful data and network scale to Concierge Auctions, a valuable tool for real estate agents helping clients expertly navigate the global high-end property market. Laura and Chad have expanded how agents and clients can sell and buy a home, and I look forward to what we can now achieve, together." - Ryan Schneider, Realogy Chief Executive Officer and President. "Since 2004, Realogy has had a very successful relationship with Sotheby's as the operator and steward of the Sotheby's International Realty brand, Just as the power of Sotheby's and Realogy has fueled the tremendous growth of Sotheby's International Realty, we are excited for what this new partnership can bring to Concierge Auctions as Laura and Chad grow their lead in the luxury real estate auctions sector while keeping the agent at the center." - Philip White, Sotheby's International Realty CEO and President and newly appointed Chairman of Concierge Auctions. About Realogy Holdings Corp. Realogy (NYSE: RLGY) is moving the real estate industry to what's next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.4 million home transactions in 2020. The company's diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby's International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 191,700 independent sales agents in the U.S. and more than 135,000 independent sales agents in 117 other countries and territories, helping them build stronger businesses and best serve today's consumers. Recognized for ten consecutive years as one of the World's Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn's 2021 Top Companies in the U.S., and honored on the Forbes list of World's Best Employers 2021. About Sotheby's Established in 1744, Sotheby's is the world's premier destination for art and luxury. Sotheby's promotes access, connoisseurship and preservation of fine art and rare objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 50 categories, which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Interiors, among many others.

Read More


Frank Rolfe of shows you what the inside of a newer mobile home looks like. He shows you what they look for in a mobile home to pull into one of their mobile home parks