Manekin LLC, a Columbia-based real estate firm, has formed a partnership with Chicago-based Brennan Investment Group to acquire, develop and manage industrial properties in the Mid-Atlantic region.
Manekin, a commercial real estate company with expertise in the Mid-Atlantic, will find and evaluate potential deals, while Brennan will provide capital, the companies said Tuesday.
The alliance allows Manekin to work with a nationally focused company with access to capital at a time when a "wealth of opportunities" exists in the mid-Atlantic region, said Owen Rouse, Manekin senior vice president.
Brennan typically co-invests with private and institutional capital to acquire industrial properties in major metropolitan markets. The company says it has invested in more than 4,000 properties in over 60 cities in the United States, Canada and Europe.
Manekin, founded in 1946, has developed more than 12 million square feet of commercial space in Maryland and elsewhere in the Mid-Atlantic area.