{"id":1004658338,"date":"2023-04-21T04:11:01","date_gmt":"2023-04-21T12:11:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004658338"},"modified":"2023-04-21T06:09:57","modified_gmt":"2023-04-21T14:09:57","slug":"brennan-investment-buys-office-asset-for-industrial-redevelopment","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/brennan-investment-buys-office-asset-for-industrial-redevelopment\/","title":{"rendered":"Brennan Investment Buys Office Asset for Industrial Redevelopment"},"content":{"rendered":"
\"RMC2<\/a>

RMC\u00b2 aerial rendering. Image courtesy of Brennan Investment Group<\/em><\/p><\/div>\n

Brennan Investment Group <\/strong>has acquired a 485,000-square-foot office building in Rolling Meadows, Ill., with plans to redevelop the property into a Class A industrial park. Upon completion, 3800 Golf Road is set to be renamed the Rolling Meadows Commerce Center, or RMC\u00b2.<\/p>\n

According to CommercialEdge data, the previous owner, Spear Street Capital<\/strong>, purchased the property in 2010 for $29.5 million. Formerly the Midwest headquarters of 3Com Corp., 3800 Golf Road is also known as the Atrium Corporate Centre. The three-story building was completed in 1998 and is occupied by Capital One, Cambium Networks, Houghton Mifflin Harcourt and CareerBuilder.<\/p>\n

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READ ALSO<\/strong>: Top LEED-Certified Office Buildings in Illinois<\/a><\/p>\n

\n

3800 Golf Road is located on a 40-acre site at the intersection of Interstate 90, I-290 and IL Route 53. The existing building\u2019s demolition will create space for an approximately 600,000-square-foot industrial facility. Plans for the new development call for landscaped grounds and a high-end design.<\/p>\n

RMC\u00b2 will target different types of users including data centers as well as distribution and manufacturing companies. Tenants will be in proximity to dining, entertainment and retail options.<\/p>\n

Although a final timeline has not been set, the project is expected to be complete in the next few years.<\/p>\n

Brennan is also developing a Class A industrial building in Pearland, Texas. The company acquired 12-acres of land to build a 216,004-square-foot property<\/a> set to feature 36-foot clear heights, a 175-foot truck court and trailer parking spots.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following demolition, the suburban Chicago site will feature 600,000 square feet of industrial space.<\/p>\n","protected":false},"author":3006,"featured_media":1004658341,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21782,21748,21783,13,21742,21747],"tags":[33335,33392],"class_list":["post-1004658338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-development","category-industrial","category-investment","category-midwest","category-latest","category-office","tag-brennan-investment-group","tag-spear-street-capital"],"acf":[],"yoast_head":"\nBrennan Investment Buys Office Asset for Industrial Redevelopment - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Brennan Investment Group acquired an office building in Rolling Meadows, Ill., which it plans to redevelop into a Class A industrial park.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/brennan-investment-buys-office-asset-for-industrial-redevelopment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brennan Investment Buys Office Asset for Industrial Redevelopment\" \/>\n<meta property=\"og:description\" content=\"Brennan Investment Group acquired an office building in Rolling Meadows, Ill., which it plans to redevelop into a Class A industrial park.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/brennan-investment-buys-office-asset-for-industrial-redevelopment\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-21T12:11:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-21T14:09:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/223074__RMC2_Aerial___Looking_North_04_03_23_51.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jordana Rothberg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/brennan-investment-buys-office-asset-for-industrial-redevelopment\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/brennan-investment-buys-office-asset-for-industrial-redevelopment\/\",\"name\":\"Brennan Investment Buys Office Asset for Industrial Redevelopment - 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