First Industrial Realty Reviews

Pros

It was a great place to work in the boom, as the talent was great.... no one is left

Cons

Senior level management lacked innovation, and the way of doing things was ancient.

Advice to Senior Management

Mostly new management since I was there... seem to be doing better considering the economy.

Pros

was a young culture, benefits were good when times were good

Cons

layoffs were a constant fear
workload increased without pay increase or even title promotions

Pros

The company offers a descent benefit package and 401(k), although they don't match. They have good office locations thoughout the USA.

Cons

A lot of people work really hard and don't ever get recognized for the work they do. Management- middle management- takes credit for work done by others to get money/incentives.

Advice to Senior Management

Senior/Execitive management should better monitor middle management; a lot of people work really hard at lower levels, only to have middle management take and get credit for work they didn't even do.

Pros

Lean company after 5 rounds of cuts

Cons

No growth in foreseeable future. Likely candidate to be bought for assets alone.

Advice to Senior Management

Grow or be eaten by bigger fish.

Pros

There honestly aren't many right now. They are on very shaky financial ground and need to monetize a significant amount of assets to meet $125MM debt maturity in July 2009 and in a very sketchy sales market.

Cons

Ability to cover operating costs is very dependent on capital markets which are currently very unfavorable.

Advice to Senior Management

Senior management is all new. Since they have yet to announce their strategy, advice would be based on historical events only.

Pros

good training ground and exposure

Cons

lack of mentorship and leadership

Advice to Senior Management

to be big picture in the development of the company