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.