Insights from Andy Gush and Chicago Build 2024 As top subject matter experts, Bradford Allen leaders are regularly asked to contribute to the industry conversations shaping the future of commercial real estate. Andy Gush, Vice President, Development, recently participated in the “High-Rise Development in the Midwest: Past, Present, Future” panel at Chicago Build 2024. Industry … Read more
Bradford Allen is pleased to share with you our latest office market report. It was a familiar story in Q3 for Chicago’s downtown office market as headline statistics didn’t improve, nor degrade, materially over the prior quarter. Absorption was negative 600,000 square feet, bringing the year-to-date absorption to negative 2.6 million square feet. The direct … Read more
Initial phase is part of master-planned community at gateway to suburb ARLINGTON HEIGHTS, IL — Bradford Allen Development Company, part of Bradford Allen, a national full-service real estate firm, along with development partner Moceri+Roszak, today held a ceremonial groundbreaking for the first phase of their mixed-use community at the southeast corner of Arlington Heights and … Read more
In the latest episode of Ten with Ben, Ben Azulay reflects on the year so far, highlighting consistent deal flow and how companies are renegotiating leases to take advantage of current market conditions. He discusses the recovery of distressed properties, with lenders and landlords working out solutions, and questions the real value of amenities in … Read more
Bradford Allen is pleased to share with you our latest office market report. The second half of the year in the suburban office market: Absorption levels declined as -800,000 square feet was absorbed through the first half of 2024. The direct vacancy rate held steady at 24%. Available sublease space on the market decreased to … Read more
Bradford Allen is pleased to share with you our latest office market report. This quarter in the downtown office market: Absorption improved but remained negative with -67,000 square feet absorbed through Q2/24, resulting in a total of -1.9 million square feet through the first half of 2024. The direct vacancy rate reached 22% in Chicago’s … Read more
FISHERS, IN – JUNE 28, 2024 – Andretti Global and Chicago-based developer Bradford Allen joined Clark Construction Group and their building crews on Thursday, June 27 to celebrate the topping out of Andretti Global’s new headquarters facility. (From left) Andretti Global Vice President / Andretti Technologies Managing Director Marissa Andretti, Andretti Global Chairman & CEO … Read more
Chicago’s suburban office market is undergoing a period of intense transformation. But are the headlines about its unending struggles justified? Our latest report challenges the prevailing narrative, revealing a market filled with opportunities. Dive deeper to uncover insights that redefine the competitive landscape—insights the headlines have overlooked. Read the full article now
Ronan Remandabran discusses the critical role of natural gas with Meena Beyers, VP of Business and Community Development at NICOR Gas. Meena highlights its reliability and cost benefits, especially for powering Illinois’s growing industrial sector, including new energy-intensive industries. She also shares insights from her career progression from urban planning to energy, underscoring the impact … Read more
CHICAGO — Bradford Allen, a national full-service real estate firm, today released its Q1/24 Downtown Chicago Office Market Report showing that CBD average gross asking rents held steady at $43 per square foot. At the same time, the office vacancy rate continued to rise, surpassing 21%, and demand was soft, with negative absorption of 1.4 … Read 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.
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