Bradford Allen taps industry veteran Gordon Ogden for New York Office

Office market veteran will oversee firm’s New York-based tenant representation practice NEW YORK CITY, NY – December 12, 2023 — Jeffrey Bernstein and Laurence Elbaum, principals and co-founders of Bradford Allen, a national full-service real estate firm, today announced industry veteran Gordon Ogden has joined the brokerage as executive managing director. In this role, Ogden … Read more

Q3/23 Downtown Chicago Office Market Report

Moderate market activity amid high uncertainty In Q3/23, Chicago’s CBD occupancy levels and gross asking rates remained relatively unchanged from the prior quarter. The office market’s direct vacancy rate was 19.8%, while the average gross asking rate held at $44 p.s.f. Absorption levels turned negative this quarter at -432,000 square feet, resulting in year-to-date absorption … Read more

Bradford Allen represents the law office of Robert D. Ahlgren and Associates in 15,000-SF renewal

CHICAGO, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Ben Azulay, Principal, along with Riley Schleifer, Associate, completed a 15,000-square-foot-lease renewal for Ahlgren Law at 33 N LaSalle, a renovated and amenitized vintage art deco tower in the Central Loop. “In a volatile … Read more

Bradford Allen names Jennifer Murphy as president of management services

20-year veteran of property and construction management will oversee firm’s national office portfolio CHICAGO, IL — Bradford Allen, a national full-service real estate firm, today announced Jennifer Murphy has joined the firm as president of management services. In this role, Murphy will be responsible for managing Bradford Allen’s growing portfolio of office properties in Chicago … Read more

Bradford Allen submits plan for 300-unit mixed-use development in Arlington Heights, Ill.

Arlington Heights Development Rendering

Along with new medical office building, project to help revitalize neighborhood with apartments and retail CHICAGO, IL — The development arm of Bradford Allen, a Chicago-based national real estate investment advisory, has formally submitted plans for a mixed-use development in Arlington Heights, Ill., to village officials. Located just north of Interstate 90, at the southeast … Read more

Bradford Allen complete 15,000 SF of new leasing at Edens Corporate Center

CHICAGO, IL — September 6, 2023 — Bradford Allen, a national full-service commercial real estate firm, today announced the leasing of 15,000 square feet at Edens Corporate Center in Northbrook, Illinois, a northern suburb of Chicago. Senior managing director Joel Berger represented ownership in an expansion for MyHome Protection and separate transactions that welcomed Cedar … Read more

Bradford Allen Acquires The Henry in Chicago’s Ravenswood neighborhood

The Henry (daytime exterior shot)

Mixed-use property completed in 2019 includes Culver’s restaurant and 38 luxury rental apartments CHICAGO, IL – Bradford Allen Investment Advisors (BAIA) today announced it has closed on the purchase of The Henry, a mixed-use property at 4346 N. Honore St. in Chicago’s Ravenswood neighborhood. The five-story elevator building, completed in 2019 and located just steps … Read more

Office Pulse 008: Tracking Chicagoland’s Return to the Office

With worker productivity weakening, an increasing number of business leaders are calling for employees to return to in-person work. For as much as remote work has been a boost for some individual workers, working from home may be damaging America’s productivity in aggregate. The WSJ recently reported that many employers are recognizing these challenges and requiring in-person work: … Read more

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