Brennan Investment Group, a leading private real estate investment firm, has acquired a 64,020-square-foot industrial property located at 4881 Ironton Street in Denver. The property sits on approximately 3.32 acres within the highly sought-after Montbello Industrial Park, a core infill location in Denver’s Northeast Industrial submarket.
The building offers a highly functional layout with 21-foot clear heights, significant power capacity, multiple dock-high doors, drive-in access, and excess outdoor storage, making it well suited for a range of industrial users.
Brennan plans to reposition the vacant asset through targeted capital improvements and lease-up efforts, with the flexibility to accommodate either a single tenant or a multi-tenant configuration. Brennan will also consider a sale to an owner-user, leveraging its basis and the property’s unique features.
“The Montbello submarket continues to demonstrate strong fundamentals, particularly for small- to mid-size users seeking well-located infill product,” said Brian Roach, managing principal for Brennan’s Mountain West region. “This acquisition aligns with our strategy of identifying opportunities where we can create value through thoughtful repositioning and leasing. The property’s power, yard, and divisibility give us a distinct advantage in a supply-constrained segment of the market.”
Located less than one mile from Interstate 70, the property offers immediate access to Denver’s major transportation corridors, including Interstate 25 and the broader regional highway system. The Northeast submarket represents the largest industrial submarket in Denver, with continued tenant demand and relatively tight vacancy for spaces in the 20,000 to 65,000 square-foot range.
“Denver remains a high-conviction market for Brennan, supported by strong population growth, tenant demand, and long-term industrial fundamentals,” said Kevin Brennan, chief investment officer of Brennan Investment Group. “This investment reflects our continued focus on well-located, functional assets where we can drive value and deliver strong risk-adjusted returns for our partners.”
Brennan intends to execute a five-year business plan focused on leasing and stabilization, capitalizing on continued demand for infill industrial product and limited new supply in the small-bay segment.
