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505 West Yager Lane

Michael Brennan Of Brennan Investment Group Acquires Two Industrial Properties In Texas
SOLDIndustrial

Michael Brennan Of Brennan Investment Group Acquires Two Industrial Properties In Texas

505 West Yager Lane & 55 Southbelt Industrial Drive

Building Size

37,964 SF

Asset Type

Industrial

Closing

Nov 3, 2025

AI

The transaction involves two industrial outdoor storage properties acquired by Brennan Investment Group. One facility measures 18,982 square feet and is located at 505 West Yager Lane in Austin, while the other facility is situated at 55 Southbelt Industrial Drive in Houston with a size of 32,025 square feet. This acquisition reflects a strategic move by Brennan Investment Group to enhance its footprint in Texas' major markets, focusing on infill IOS assets characterized by robust connectivity and constrained supply.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Disclosed
  • Property Address: 505 West Yager Lane, Austin
  • Property Address: 55 Southbelt Industrial Drive, Houston
  • Square Footage: 18,982 SF at 505 W. Yager Lane and 32,025 SF at 55 Southbelt Industrial Drive
  • Buyer: Michael Brennan - Brennan Investment Group
  • Date of Transaction: 11/03/2025
  • Market: Austin

Michael Brennan, representing Brennan Investment Group, facilitated the acquisition of these facilities, targeting strategic expansion within Texas. The properties were acquired as part of an initiative to secure assets in markets with constrained supply and strong logistical advantages.

Players

Michael Brennan

Brennan Investment Group

Buyer

$744.1M

vol

14 deals

Buyer
Brennan Investment Group
Brennan Investment GroupBuyer

Austin Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93