BA Development Company Names Michael Cannon as Senior Managing Director

Former Sterling Bay executive will oversee adaptive reuse, renovation, and new construction of residential and commercial real estate CHICAGO, IL — BA Development Company today announced industry veteran Michael Cannon has joined the firm as senior managing director, overseeing adaptive reuse, renovation, and new construction of residential and commercial real estate. Before joining BA Development … Read more

Bradford Allen Submits Plan for 300-Unit Mixed-Use Development in Arlington Heights, Ill.

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

Law Firms Post-pandemic

Law Firms Post-pandemic

In the wake of the pandemic, firms are reconsidering the efficacy of long-term remote work models. Reports suggest an undeniable tilt toward a larger return-to-office (RTO) strategy backed by compelling metrics — including increased revenue. With Fortune 500 companies leading the charge, the office environment is poised to reclaim its pivotal role in how business … 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

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

While hybrid and remote work are here to stay, the benefits of in-person collaboration are compelling. Both employers and employees increasingly see the value of returning to the office, and tracking these trends reveals important insights, like the relative success of the suburban office markets. Still, for Chicago’s CBD, the long-term fundamentals remain strong and … Read more

CRE Office Pulse 007: Chicago Remains a Top Prospect

For corporate headquarters decisions, Chicago ranks well among its competitors, and the reasons companies chose the city prior to the pandemic have remained relatively unchanged. The diverse talent pool, favorable location, extensive transit options and relatively less expensive cost-of-living creates an ideal situation for employers and employees. Even though the pandemic created a structural shift … Read more

Client Success Story: Lindsay, Pickett & Postel, LLC

Lindsay, Pickett & Postel, LLC (LPP) was occupying two separate offices in the same building and wanted to consolidate to a single, high-class, high-rise space with east-facing views and abundant natural light. Bradford Allen identified suitable options, negotiated hard for client-friendly terms, and provided a solution for the client to sublease its existing spaces. Watch … Read more

CRE Office Pulse 006: Chicago Office Supply Growth Screeches to a Halt

In Chicago’s CBD, new office construction has come to a screeching halt, only a couple years after hitting record highs. And even as the effects of the pandemic dissipate, new development continues slowing. What’s behind this deceleration in supply growth? We identify four primary factors weighing on the office construction market and discuss long-run implications for … Read more

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