First Industrial Realty

  www.firstindustrial.com
  www.firstindustrial.com

First Industrial Realty Reviews

Updated October 22, 2014
Updated October 22, 2014
10 Reviews
2.9
10 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Bruce W. Duncan
3 Ratings

Employee Reviews

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  1. 2 people found this helpful  

    Some wonderful people to work with.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accounting Department in Chicago, IL
    Current Employee - Accounting Department in Chicago, IL

    I have been working at First Industrial Realty full-time (more than 8 years)

    Pros

    My co-workers are great, we have a lot of fun while getting the work done. We are willing to help each other when needed. The company values are good.

    Cons

    The work/life balance is difficult to maintain, the company is not very flexible for ones personal/family time. The time-off policies are strict and they do not offer flex-time, which would be a boon if they did.

    Advice to ManagementAdvice

    There are great people working there but unless management takes a better approach to compensating those at the bottom, those great people are going to go elsewhere.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Lack of diversity, no room for advancement and very poor upper management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at First Industrial Realty (more than 10 years)

    Pros

    There are really no pros to working for this company

    Cons

    Salaries are not competitive, benefits are mediocre, upper management talks a good game, but does not follow through and there is absolutely no diversity and management likes it that way

    Advice to ManagementAdvice

    If you take the time and money to give the employees a survey, really listen to their comments and don't just do it so it looks good in your company brochure for Wallstreet.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Receptionist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Receptionist in Atlanta, GA
    Current Employee - Receptionist in Atlanta, GA

    I have been working at First Industrial Realty full-time (more than an year)

    Pros

    Independent work environment and you can work comfortably

    Cons

    The pay is lower than most doing this type of work, but nice bonuses.

    Advice to ManagementAdvice

    Pay employees more

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Diversified position

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Property Manager
    Current Employee - Property Manager

    I have been working at First Industrial Realty full-time (more than 3 years)

    Pros

    Good benefits and benefits package

    Cons

    No upward mobility for middle management

    Positive Outlook
    Approves of CEO
  6.  

    Could have been a great place to work, but it was hit hard by the economy, don't think it's coming back

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Staff Accountant in Chicago, IL
    Former Employee - Staff Accountant in Chicago, IL

    I worked at First Industrial Realty

    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

    No opinion of CEO
  7.  

    It was poorly run when times were good... now a sinking ship.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at First Industrial Realty

    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 ManagementAdvice

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

  8.  

    Good people, entrepreneurial environment, very uncertain future.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Investment Officer in Atlanta, GA
    Former Employee - Senior Investment Officer in Atlanta, GA

    I worked at First Industrial Realty

    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 ManagementAdvice

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

    No opinion of CEO
  9.  

    commercial real estate analyst review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Investment Analyst in Chicago, IL
    Former Employee - Senior Investment Analyst in Chicago, IL

    I worked at First Industrial Realty

    Pros

    good training ground and exposure

    Cons

    lack of mentorship and leadership

    Advice to ManagementAdvice

    to be big picture in the development of the company

    Disapproves of CEO
  10.  

    Not a place to work if you want to promote

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Industrial Realty

    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 ManagementAdvice

    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.

    Doesn't Recommend
  11.  

    Hitting Bottom, But Don't Expect Bounce

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Investment Analyst
    Former Employee - Senior Investment Analyst

    I worked at First Industrial Realty

    Pros

    Lean company after 5 rounds of cuts

    Cons

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

    Advice to ManagementAdvice

    Grow or be eaten by bigger fish.

    Doesn't Recommend

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