Q2/19 Downtown Chicago Office Market Report

Bradford Allen is pleased to share our Q2/19 office market reports. This quarter, in the downtown office market: Net absorption was positive 796,185 s.f. for the quarter and positive almost one million s.f. year to date. Year over year, direct availability dropped from 14.7% to 14.1%, and the direct vacant/available rate dropped from 10.5% to … Read more

Mid-Year 2019 Suburban Chicago Office Market Report

Bradford Allen is proud to release our Mid-Year 2019 Office Market reports. This year, in the suburban office market: Net absorption was negative 147,587 s.f. for the quarter and negative 613,681 s.f. year to date. Direct availability and vacant and available stood at 25.11% and 19.16%, respectively. Overall, the direct asking rate was $24.76 p.s.f. … Read more

Bradford Allen appoints Ron Lakin as Senior Managing Director, Downtown Agency Services

Aggressively expanding the firm’s ability to pursue higher-value assets in the Downtown Chicago market CHICAGO, IL — Bradford Allen announced today the appointment of Ron Lakin as Senior Managing Director, Downtown Agency Services. He will work alongside Andy DeMoss, Senior Managing Director, who was recently named the practice group’s leader. A well-respected Chicago landlord representative, … Read more

Q1/19 Downtown Office Market Report

This quarter, in the downtown office market: Direct absorption was positive 371,026 SF, with total absorption up 477,105 for the quarter. Direct availability dropped from 13.97% to 13.90%, and direct vacancy dropped from 11.89% to 11.63% from last quarter. From Q4/18 to Q1/19, direct asking rents increased across all building classes, most notably in Class … Read more

Bradford Allen Completes New Lease for MedSpeed in Elmhurst

CHICAGO, IL – Bradford Allen Realty Services is pleased to announce that the firm’s Principal & Executive Managing Director Ben Azulay and Senior Managing Director Joel Berger have completed a new headquarter lease for 41,542 square feet on behalf of MedSpeed at 140 Industrial Drive in Elmhurst, Illinois. In operation since 2000, MedSpeed is the … Read more

Q3/18 Downtown Chicago Office Market Report

The buoyancy of Chicago’s downtown office market continues into the third quarter with a positive absorption of over a quarter million square feet, totaling over two million square feet absorbed in 2018. In addition, year over year, direct availability dropped from 14.99% to 14.11% and direct vacancy dropped from 12.03% to 11.68% while direct asking … Read more

Services

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.

Practice Groups

Office

Lofts

Finance

Health

Resources

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.

News & Insights

About BA

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.

Investment Portfolio