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Brennan Recapitalizes 1 MSF Industrial Portfolio in Moorestown, New Jersey

Summary by REBusinessOnline
MOORESTOWN, N.J. — Chicago-based Brennan Investment Group has recapitalized a portfolio of 20 industrial buildings totaling approximately 1 million square feet in Moorestown, located about 12 miles east of Philadelphia in Southern New Jersey. The shallow-bay buildings were all constructed between 1984 and 2000 and had a collective occupancy rate of about 96 percent at the time of the recapitalization. Brennan, which acquired the portfolio in 201…
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REBusinessOnline broke the news in on Thursday, February 13, 2025.
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