Batavia-based BEI Properties announced Monday that it has acquired and will merge with Geneva-based Miscella Real Estate Inc.
Austin Dempsey, CEO at BEI Properties, and Patti Rambo, owner and managing broker at Miscella Real Estate, made the announcement that the two long-time central Kane County companies will be combining business operations in the coming year.
BEI Properties Inc. is known as an innovative commercial real estate and leasing firm, with many dynamic properties throughout the Greater Fox Valley area, while Miscella Real Estate’s expertise lies in residential real estate.
In business for more than 58 years, BEI Properties is a third-generation business located in downtown Batavia.
“Over the last year we have been discussing the benefit of a residential real estate partner who shares the same level of exemplary service, customer care and community spirit that BEI Properties is known for. Miscella Real Estate was the perfect fit,” Dempsey said.
“We are delighted to be moving forward with a residential partner that exemplifies these qualities. This merger will allow two multi-generational businesses the opportunity to grow and succeed together by providing amazing service to all the real estate needs of the greater Fox Valley area.”
With more than 40 years of experience, Miscella Real Estate brings an individual, personalized focus to real estate in the Fox Valley area. Operating as a boutique firm centered on client care, more than 91 percent of its business is earned through referrals and introductions from past clients.
Individually, and as a team, Miscella will continue to assist clients with every step of the home-purchase process, company officials said.
Rambo said the the partnership idea began with a casual conversation.
“Being relational, the importance of the community, and the desire to serve our clients, were key to both of us,” she said. “While I am not sure exactly when the light bulb went off, we realized that together we could raise the bar in this industry.
“I could not be more excited to blend our resources, our history and our reputations to deliver the best possible experience for both the commercial and residential real estate needs of the Fox Valley.”
For more information on BEI Properties, visit their office downtown Batavia at 140 First Street, Batavia, IL 60510 or call 630-879-3680.
Learn more at www.beiproperties.net
SOURCE: BEI Properties news release