Chicago Developer Targets NKY for New Spec Building

A Chicago-based real estate company purchased nearly 50 acres of land in Northern Kentucky to build a speculative industrial building.

Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial properties, purchased more than 48.6 acres of land along Dixie Highway in Walton from Walton Farm LLC for nearly $2.9 million. There, Brennan plans to develop a state-of-the-art, modern, cross-dock distribution building totaling 575,000 square feet.