214
HOUSTON — Private real estate investment firm Brennan Investment Group LLC has acquired approximately 11 acres of land in northern Houston for the speculative construction of three crane-ready flex buildings totaling 110,000 square feet. The facilities are designed to meet the needs of manufacturing, assembly or distribution companies. Located near the interchange of I-45 and FM-1960, the site is in close proximity to the new ExxonMobil headquarters campus project. Brennan chairman and co-founder Michael Brennan cited 16 consecutive quarters of positive absorption and a 92.5 percent occupancy rate as the firm’s basis for moving forward with the development.