Brennan Investment Group Acquires 55,000 SF Industrial Building in Bolingbrook via Sale-Leaseback, Expanding Chicago Portfolio to 10.5 Million SF

Property TransactionsIndustrialBolingbrookIllinoisChicagoI-55 industrial corridorI-355Chicago metropolitan areaUnited States
3 min read
Aerial view of an industrial facility (Austin, TX) representative of assets owned by Brennan Investment Group, shown here as an example of the type of industrial real estate contributing to Brennan's growing portfolio including the recently announced 55,000-square-foot Bolingbrook acquisition.
Aerial view of an industrial facility (Austin, TX) representative of assets owned by Brennan Investment Group, shown here as an example of the type of industrial real estate contributing to Brennan's growing portfolio including the recently announced 55,000-square-foot Bolingbrook acquisition.| Photo: Brennanllc

BOLINGBROOK, IL — May 27, 2026 — Brennan Investment Group has acquired a 55,000-square-foot Class A industrial building located in Bolingbrook, Illinois, the Chicago-based private real estate investment firm announced. The real estate acquisition was structured as a sale-leaseback with Impact Networking, LLC, a business process automation company that will remain in the building under a long-term lease.

The transaction expands Brennan Investment Group's Chicago industrial portfolio to 10.5 million square feet and adds to the firm's presence in the I-55 industrial corridor, one of the Chicago metropolitan area's most active industrial submarkets.

Industrial Building Located in the I-55 Corridor

The industrial building is situated on approximately 9 acres within the I-55 industrial corridor in Bolingbrook, offering access to I-55 and I-355 and connectivity to regional and national transportation routes. The property features Class A industrial specifications, including 25-foot clear heights, six dock-high doors, two drive-in doors, and heavy power. The site also includes excess land that can be used for auto or trailer parking.

The building is fully leased to Impact Networking, LLC on a long-term basis following the sale-leaseback transaction. Financial terms of the deal, including sale price, cap rate, and lease terms, were not disclosed.

Brennan Investment Group Describes Deal as Strategic "Bolt-On"

"This acquisition represents a strategic 'bolt-on' to our growing I-55 portfolio," said Dan Smith, Senior Vice President at Brennan Investment Group. "The combination of in-place tenancy, functional building design, and infill location allows us to continue building scale in one of the most desirable industrial corridors in the country. This was a natural fit within our broader Chicago portfolio and a compelling opportunity to create additional value over time."

Jack Brennan, Managing Principal of Brennan Investment Group, pointed to the Chicago industrial market's ongoing demand fundamentals as a driver of the investment decision.

"The Chicago industrial market continues to demonstrate resilience and long-term demand drivers, particularly in infill submarkets like Bolingbrook," said Jack Brennan. "This investment aligns with our strategy of acquiring high-quality assets with strong tenants in supply-constrained locations, and we are pleased to expand our footprint in a market where we have deep experience and conviction."

Street-level exterior of a distribution/warehouse building, used here to illustrate the kind of industrial inventory Brennan Investment Group invests in as it expands its Chicago industrial holdings to 10.5 million square feet following the Bolingbrook sale-leaseback.
Street-level exterior of a distribution/warehouse building, used here to illustrate the kind of industrial inventory Brennan Investment Group invests in as it expands its Chicago industrial holdings to 10.5 million square feet following the Bolingbrook sale-leaseback. | Photo: Brennanllc

Sale-Leaseback Structure

The Bolingbrook transaction follows a sale-leaseback structure, an arrangement in which a property owner sells its real estate to an investor and simultaneously enters into a lease to continue occupying the space.

Brennan Investment Group's national portfolio spans approximately 58 million square feet across 30 states, with $6.5 billion in industrial real estate acquired or developed since its founding in 2010.

Ryan Harding, Executive Managing Director at Newmark, and Corey Chase, Senior Managing Director at Newmark, represented the seller in the transaction.

About Brennan Investment Group

Brennan Investment Group operates 18 regional offices throughout the United States and has invested in more than 5,000 properties across more than 60 cities in the United States, Canada, and Europe, according to the firm.


Sources:
Brennan Investment Group press release, May 27, 2026: https://www.brennanllc.com/2026/05/28/brennan-acquires-industrial-property-bolingbrook-il/

Class A industrial building exterior (Goodlettsville, TN), shown as an example of Brennan Investment Group's institutional-quality industrial assets that align with the specifications described for the Bolingbrook acquisition.
Class A industrial building exterior (Goodlettsville, TN), shown as an example of Brennan Investment Group's institutional-quality industrial assets that align with the specifications described for the Bolingbrook acquisition. | Photo: Brennanllc