Bradford Allen is pleased to share with you our Q3/2021 Downtown Chicago Office Market Report. This quarter in the downtown office market: The overall sublet availability rate remained unchanged at 3.92%, quarter over quarter. Quarter over quarter, overall direct availability and vacancy rates rose from 19.5% to 20.1% and from 14.0% to 15.1%, respectively. Overall, … Read more
Suburban Chicago’s office vacancy rates may seem historically high, but the headline numbers overlook key details about the marketplace. Large, low-quality properties are having an outsized effect on the averages. Removing these “zombies” from the data shows the market is more competitive than you think. Read on to find out more
With 30 years of experience in commercial real estate, today’s guest knows what the fundamentals of the business are all about. Meet Laurence Elbaum, Principal and Co-Founder of Bradford Allen. When he began Bradford Allen with business partner Jeffrey Bernstein in 2003, he was certain of just one thing: BA would succeed, because failure was … Read more
Bradford Allen is pleased to share with you our Mid-Year 2021 Downtown Chicago Office Market Report. This quarter in the downtown office market: The overall sublet availability rate remained relatively stable at 3.93%, quarter over quarter. Quarter over quarter, overall direct availability and vacancy rose from 19.19% to 19.48% and from 13.47% to 14.01%, respectively. … Read more
Bradford Allen is pleased to share with you our Mid-Year 2021 Suburban Chicago Office Market Report. This quarter in the suburban office market: From Q4/20 to Q2/21, the overall sublet availability rate increased from 2.99% to 3.30%. From Q4/20 to Q2/21, overall direct vacancy and availability rose from 21.95% to 23.84% and from 26.18% to … Read more
In this episode, Ben takes to the Chicago suburbs and sits down with suburban Senior Managing Director Joel Berger. Having been responsible for Bradford Allen’s suburban market presence for over fifteen years, Joel’s market knowledge is vast and insightful! We begin by getting to know Joel before diving into a look at how the Chicago … Read more
The pandemic is not over, but with vaccination rates rising and public health mitigations easing, office market activity is picking up. Now may be the right time for landlords and tenants to act. Read on to find out more
We’re back with another special guest in today’s Ten with Ben: Andy DeMoss, the firm’s lead downtown agency broker. Having known each other for over a decade, Ben and Andy discuss the past, present, and future of the Chicago market. Listen as they explore the importance of communication between landlords and tenants, what improvements landlords … Read more
Bradford Allen is pleased to share with you our Q1 2021 Downtown Chicago Office Market Report. This quarter in the downtown office market: The overall sublet availability rate rose from 3.83% to 3.87%, quarter over quarter. Quarter over quarter, overall direct availability and vacancy rose to 19.19% from 17.90%, and to 13.47% from 11.98%, respectively. … Read more
One year into the pandemic we sat down with four senior brokers to reflect on the suburban and downtown office markets from the landlord and tenant representative perspectives. Read on to find out more
Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
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Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
