Bradford Allen Releases 2013 Mid-Year Market Report

CHICAGO – Bradford Allen Realty Services, a Chicago-based commercial real estate firm, today announced that they have released their Mid-Year Suburban Market Research Report.    “Our Mid-Year Suburban Market Research Report portrays a more accurate reflection of current market conditions,” said Senior Managing Partner Joel Berger.  “We take into account a multitude of factors that are … Read more

Mid-Year 2013 Chicago Suburban Office Market Report

Chicago Suburban Mid-Year Market Report 2013 Improving Suburban Chicago Office Market Remains Tighter Than Statistics Suggest The suburban Chicago office market continued to improve during the first six monthsof the year. The overall, direct vacancy and sublease availability all slightly decreased to 18.3%, 17.4% and 2.7%, respectively. Although, the overall vacancy remains elevated at 18.3%, … Read more

Bradford Allen Adds Four New Properties to Leasing Portfolio

  CHICAGO – Bradford Allen is pleased to announce the firm has been hired as the exclusive leasing agent forfour new suburban properties,adding to their growing Chicagoland agency practice. 220 Remington Boulevard, Bolingbrook, Illinois 720 Enterprise, Oak Brook, Illinois Woodgrove Professional Center , 7425 Janes Ave, Woodridge, Illinois Stratford Medical Center, 231 S Gary, Bloomingdale, … Read more

First Quarter 2013 Chicago Downtown Office Market Report

Positive Underlying Tone Continues to Characterize Downtown Chicago Office Market The downtown Chicago office market finished the year on a positive note, and although the pace of improvement has leveled off, the market remains stable with a strong underlying bid for quality space. Overall vacancies declined nominally early this year and ended the first quarter … Read more

First Quarter 2013 Chicago Suburban Office Market Report

Suburban Chicago Office Market Signals Steady—Albeit Slow—Improvement Transaction activity within the suburban Chicago office market was relatively steady to begin the year, and a healthier tone continues to characterize the overall suburban market. Although the vacancy rate edged up during the first quarter from 18.3% to 18.6%, there continues to be ample interest from tenants … Read more

Bradford Allen Expands Services to Include Management Services and Hires Industry Veteran Roger Clark to Lead Group

CHICAGO –  Bradford Allen is pleased to announce the expansion of its service platform with the formation of Bradford Allen Management Services.  The firm now offers a comprehensive array of management services to owners of and investors in commercial real estate throughout Chicagoland. This new practice group will be led by industry veteran, Roger Clark. … Read more

Bradford Allen Announces New Methodology for Suburban Chicago Office Market Report

CHICAGO –  Bradford Allen Realty Services, a Chicago-based commercial real estate firm, today announced expanded and improved market research capabilities for the suburban Chicago office market. Beginning with the fourth quarter 2012, the enhanced market reports will provide greater insight into the current status and emerging trends in the suburban Chicago office market. “Our primary … Read more

Bradford Allen Brings Aurora Office Building to Full Occupancy

CHICAGO –  Bradford Allen Realty Services represented UBS Realty Investors, LLC in a 22,000 SF new lease for Styrolution America, at 4245 Meridian Parkway in Aurora.  The 140,300 square foot office property is now 100 percent leased. Cody Sundberg, a director at Bradford Allen, represented the building owner, UBS Realty Investors. Styrolution America, a global … Read more

Fourth Quarter 2012 Chicago Suburban Office Market Report

Momentum Continues Building for the Improving Suburban Chicago Office Market Transaction activity within the suburban Chicago office market accelerated during the second half of the year, and 2012 finished on a positive note. This improvement was echoed in most of the major market statistics, particularly the vacancy and absorption rates. The overall vacancy rate declined … Read more

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