CHICAGO – June 4, 2024 – Associated Bank announced the completion of a $20,084,056 loan to Brennan Investment Group for the acquisition of two last-mile industrial buildings at 5006 Harding Place in Nashville, Tennessee. The acquisition is a joint venture with RGA ReCap Inc. (ReCap Real Estate Investments) on behalf of Reinsurance Group of America, Inc. (RGA).
The buildings have a total of 221,280 square feet. Each is divisible into smaller suites suitable for a variety of potential new users; both feature 20- to 27-foot clear heights. The property is located seven miles southeast of downtown Nashville and two miles from the Nashville International Airport.
As the second largest privately held industrial real estate owner in the U.S., the Brennan Investment Group has acquired over $6.5 billion in industrial real estate. The company’s current portfolio spans 30 states and encompasses over 56.5-million square feet.
Andrew Roberts, a senior vice president with Associated Bank’s Commercial Real Estate Division, managed the loan closing.
Associated Bank’s Commercial Real Estate division is committed to providing commercial real estate developers/owners/operators with an array of financing solutions, in addition to products and services that meet their unique needs. The division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio, Texas and Wisconsin.
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ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $41 billion and is the largest bank holding
company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.
