chatterbuzz

Minimal Interior Buildout Costs Satisfy Many Industrial Property Tenants

November 4, 2023

A major reason why industrial property investments make sense. Many industrial properties feature a ratio of 90% warehouse space and only 10% office space. Manufacturers and distributors are often heard to say “we make our money in the warehouse, not the office.” In fact, many company owners consider office equipment, furniture and staff as an […]

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Industrial Properties Owned by Brit Properties’ Refinanced by Local Bank

November 4, 2023

Union National Bank refi’s $15 million in loan renewals. A locally owned bank has refinanced a portfolio of industrial buildings owned by Rosemont based real estate syndicator, Brit Properties. The properties, located in the Chicago city limits and in the suburbs range in size from 15,000 square feet to 108,000 square feet. Peter Imredy, Controller […]

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Chicago Walk-in-Tub Manufacturer Renews Warehouse Lease Amid Pandemic

November 2, 2023

Stay-at-Home Trend Boosts Demand for their Specialty Plumbing Products. Ella’s Bubbles, Inc. started manufacturing the world’s safest type of bathtubs in 2008. “Business is better than ever” according to founder, Laimonis Magone, who arrived in America from Latvia in 1991 at the age of 27, “demand for walk-in tubs is very strong as a consequence […]

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The Industrial Property Sector is More than “Big-Box” Warehousing

November 2, 2023

How smaller facilities can provide a more profitable investment. E-commerce permeates our lives. Eric Schneider, a partner at Brit Properties says “my 11-year-old son recently discovered a passion for sports card collecting. He informed me that such cards, of course, required a plastic case to protect them. Five minutes later we had checked out of […]

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My Interview With One of Chicagoland’s Most Experienced Industrial Real Estate Syndicators

October 30, 2023

My Q&A with Joel Friedland & Eric Schneider of Rosemont based Brit Properties Austin Garwood, a member of Brit’s team, interviews Joel Friedland & Eric Schneider of Brit Properties, based in Rosemont, Illinois. Before founding Brit Properties, Joel was a co-founder of Epic/Savage Realty Partners, a provider of comprehensive real estate services to its valued […]

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The State of Chicago’s Industrial Market

October 26, 2023

Every member of the population is feeling the growth of e-commerce in our lives. This rapidly accelerating trend increases demand for supply chain (industrial) real estate. Many of our favorite retail stores are being replaced by warehouse and distribution. Large and small industrial buildings are required for products to be manufactured, tested, gathered, assembled, packaged […]

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