Chicago Industrial: Transwestern Buys Epic Realty to Become Major Player

In Houston, Houston-based Transwestern has purchased Epic Realty Partners, a major industrial real estate group in metropolitan Chicago. With the deal, Transwestern adds a 20-member team of experienced industrial professionals that increases the power and scope of its industrial services in Illinois and nationally. The transaction establishes Transwestern as one of the top five industrial real estate providers in the largest industrial market in the U.S.

Epic Realty Partners specializes in the leasing, sale, management and development of warehouse, distribution and manufacturing facilities to corporate tenants, as well as institutional and individual property owners. In 2013, Epic completed 225 transactions totaling 9.2 million sq ft, with an aggregate value of $216.7 million. The newly purchased firm will operate from its office in Rosemont, Ill.

“The strategic purchase of Epic’s expert team advances Transwestern’s industrial services in the Chicago metro and adds to the depth of the firm’s industrial platform,” said Mike Watts, Transwestern’s Midwest president. “The new team will collaborate with Transwestern brokers located in 34 U.S. cities to better serve our growing institutional client base and occupiers that have multi-market requirements.”