Brennan Investment Group Acquires 439,600-Square-Foot Class A Industrial Portfolio in Boise Market
Brennan Investment Group has acquired a three-building, 439,600-square-foot Class A industrial portfolio in Nampa, Idaho, the firm announced July 20, marking its entry into the Boise industrial market. The portfolio is located at the intersection of Franklin Road and Star Road, just minutes from Interstate 84 in Nampa — the Boise area's largest and highest-absorbing industrial submarket.
Portfolio Details and Physical Specifications
The three tilt-up industrial buildings were completed in 2023. The campus features 32-foot clear heights, ESFR sprinkler systems, and truck courts exceeding 130 feet. Brennan characterized the portfolio as fully leased with limited near-term rollover and durable cash flow.
Strategic Rationale: Boise's Growth Fundamentals
"This acquisition provides an outstanding opportunity to establish Brennan's presence in one of the fastest-growing industrial markets in the Western United States," said Brian Roach, Managing Principal at Brennan Investment Group. "The combination of modern Class A construction, full occupancy, durable cash flow, and limited near-term lease rollover made this an exceptionally attractive investment. We believe the Boise market is positioned for continued long-term growth, and this portfolio provides an excellent foundation for expanding our presence in the region."
"Our investment strategy centers on acquiring high-quality industrial assets in markets supported by strong economic fundamentals and long-term growth drivers," said Kevin Brennan, Co-Founder and Chief Investment Officer of Brennan Investment Group. "Over a 10-year period Boise was ranked number two among 55 large metro areas in job growth and in regional GDP growth. It also benefits from positive in-migration from higher cost coastal states. Further, its economic base derives significant benefits from technology firms, that include Micron Technology, with significant semiconductor manufacturing investments."
Nampa is described by Brennan as the Boise area's largest and highest-absorbing industrial submarket, with the portfolio's proximity to Interstate 84 cited as a key locational advantage for distribution and manufacturing tenants. The purchase price, cap rate, and financing details were not disclosed.
Brennan Investment Group's National Industrial Platform
Brennan Investment Group, headquartered in Chicago, acquires, develops, and operates industrial properties across select major metropolitan markets in the United States. Since its founding in 2010, the firm has acquired or developed approximately $6.5 billion in industrial real estate across 30 states. Its current portfolio encompasses approximately 58 million square feet, supported by 18 regional offices nationwide. The firm's management team has invested in more than 5,000 properties across more than 60 cities in the United States, Canada, and Europe.
The Boise acquisition represents Brennan's entry into the Idaho market and reflects the firm's stated strategy of targeting modern, institutionally specified industrial assets in high-growth U.S. markets.
Sources
Brennan Investment Group — Official Announcement, July 20, 2026