Brennan Acquires 143,268 SF Industrial Building in Conover, North Carolina

by John Nelson

CONOVER, N.C. — Chicago-based Brennan Investment Group has acquired an industrial property located at 221 South McLin Creek Road in Conover. Axjo America Inc., a division of Swedish polymer company Axjo, fully occupies the 143,268-square-foot building, which is situated on an 8.3-acre site about 45 miles northwest of Charlotte. The property offers proximity to I-40, NC Highway 16 and U.S. Route 321. The seller and sales price were not disclosed. The Conover facility is Brennan’s fifth industrial investment in the Carolinas in the past 18 months, according to Scott McKibben, Brennan’s chief investment officer and managing principal.

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