Brennan Investment Group Acquires High Point Manufacturing Property For $8.7M

An affiliate of Brennan Investment Group, a national private real estate investment firm, has acquired a manufacturing property in High Point, NC for $8.7 million. The property, located at 325 Model Farm Road, spans 18.61 acres and includes a 204,030-square-foot building. The transaction represents a sale in the industrial market with a price per square foot of $43.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $8,700,000
• Address: 325 Model Farm Rd
• Market: High Point, NC
• Acres: 18.61
• Buyer: Brennan Investment Group
• Seller: The Alderman Co
• Building Size: 204,030 SF
• Price Per Square Foot: $43

The buyer in this transaction is Brennan Investment Group, a national private real estate investment firm, while the seller is The Alderman Co. The acquisition of this High Point manufacturing property further expands Brennan Investment Group's industrial portfolio. The deal underscores the firm's commitment to investing in real estate assets with strong potential for growth and value.