chatterbuzz

Chicago’s Brit Properties Acquires Trio of North Side Industrial Assets Along Chicago River

October 26, 2023

  Chicago, October 26, 2023 – Brit Properties, a Chicago-based industrial real estate firm, completed the acquisition of Belmont Properties, a three-building industrial asset totaling 82,000 square feet on Chicago’s north side. The five-acre site was acquired for $13 million from an unnamed family that’s owned it for 30 years. The property is ideally situated […]

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Is Industrial Real Estate in Trouble?

July 7, 2023

Amidst the ever-shifting economic landscape and its accompanying trials, the industrial real estate sector has proven its mettle by displaying remarkable resilience. Despite concerns surrounding its vulnerability, several key factors have contributed to the stability and unwavering demand for industrial properties. Key Factors First and foremost, the exponential growth of e-commerce and the subsequent boom […]

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Cap Rate & Inflation – What do They Mean for Industrial Real Estate?

July 1, 2023

Industrial Real Estate in Chicago Let’s explore the intriguing world of real estate economics, where two powerful forces, cap rate compression and inflation, make their presence known. Today, we’re focusing on their impact on Chicago’s industrial sector, uncovering the dynamics and how it makes this city unique. Cap Rate Compression To begin, let’s unravel the […]

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An Insider’s Guide to Industrial Real Estate Part II

June 15, 2023

What Are the Different Kinds of Industrial Tenants? Industrial tenants can run the gamut, but generally they fall into two types of companies: manufacturers and distributors. Some companies will have a mix of both manufacturing and distribution but will lean more heavily toward one versus the other. What Makes an Industrial Tenant “Sticky?” Chicago, like […]

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An Insider’s Guide to Industrial Real Estate – Part I

June 12, 2023

What is industrial real estate? The key features of industrial real estate are buildings with an open box, high ceilings and multiple loading docks. These buildings lend themselves to users who need to manufacture goods or store large quantities of products inside. Loading docks are an especially key feature of industrial real estate. They are […]

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Adaptability: The Universal Skillset

June 5, 2023

When people are planning their future careers, one of the first concerns that will come to mind is developing the right skillset. In many cases, the needed skillset is obvious—if someone wants to become a successful surgeon, for example, they will need to learn how to do surgery (and, ideally, do surgery well). But in […]

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