Brennan Investment Group and Arch Street Capital are betting big on BlueLinx.

The Chicago-based investment joint venture said this week it acquired four warehouse-distribution buildings totaling 2.3 million square feet from Atlanta-based BlueLinx Corp. for an aggregate price of $110 million, or nearly $48 a foot, for the properties. BlueLinx then leased back the four buildings under 15-year terms with multiple renewal options, according to a filing…

Article From: "Key Realty Commercial Real Estate News"   Read full article