2025 Acquisition Recap & State of the Chicago Industrial Market
In 2025, Brit Properties acquired seven industrial buildings across Chicagoland:
Building Locations:
297 Commonwealth, Carol Stream
7400 Wilson, Harwood Heights
7333 Wilson, Harwood Heights
537 N. Edgewood, Wood Dale
146 Easy Street, Carol Stream
384 Beinoris, Wood Dale
3750 Stern, St. Charles
Most of our properties were sourced off-market through canvassing, cold calling, and our existing relationships with building owners and tenants.
We continue to focus on our specific target market of industrial buildings under 30,000 square feet, where tenant demand is durable, and new supply is limited. We believe this “small-industrial” segment remains one of the most resilient corners of industrial real estate.
Looking ahead to 2026:
We plan to double down on this same acquisition strategy. Our goal is to acquire additional buildings in the Chicagoland area on behalf of our investors to provide future opportunities.
Chicago remains the nation’s industrial capital, and demand remains strong in our niche.
Vacancy & rent trends:
Regional vacancy for larger buildings is about 5% range — higher than the sub-3% levels in our size range. Our investment strategy puts us in the right size category.
Rent growth in the market is stable, and landlords are generally staying disciplined, with small industrial buildings continuing to do well.
O’Hare / Elk Grove (micro scarcity):
In the O’Hare and Elk Grove corridor, vacancy remains extremely tight (effectively “full” by industrial standards).
Major infrastructure investment around O’Hare (IL 390 + Interstate 490 slated to open in 9/2026) continues to be a tailwind, and power capacity has become a key driver for certain users.
Lake & DuPage County (execution + growth):
Lake and DuPage Counties continue to stand out for their pro-growth posture and ability to move projects forward efficiently, paired with strong logistics positioning between Chicago and Milwaukee and Chicago and the greater Midwest market.
Our takeaway as we head into 2026: We believe these conditions continue to support our strategy — acquiring small industrial buildings (generally under 30,000 SF), sourcing deals off-market, underwriting conservatively with little or no debt, and focusing on locations where long-term demand is supported by logistics, infrastructure, and constrained supply.