Bradford Allen is pleased to share with you our latest office market report. This quarter in Chicago’s downtown office market: Absorption remained negative with -1.4 million square feet absorbed through Q1/24. The direct vacancy rate surpassed 21% in the CBD. Demand is increasing for move-in ready office suites which accounted for more than 38% of … Read more
With Aloft Glendale at Westgate, firm expands national hospitality platform to 800 keys across six assets CHICAGO/GLENDALE, Ariz. — Bradford Allen, a national full-service real estate firm, today announced its investment arm has acquired Aloft Glendale at Westgate, a 100-key hotel in Glendale, Ariz. Located at 6920 N. 93rd Ave., the hotel marks the firm’s … 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: Leasing activity remained above pre-pandemic levels with more than 5.2 million s.f. leased through 2023. Absorption remained negative with -930,000 s.f. absorbed through the back half of 2023, resulting in -1.2 … Read more
Bradford Allen is pleased to share with you our latest office market report. This quarter in the downtown office market: Absorption remained negative with -530,000 s.f. absorbed through Q4/23, resulting in a total of -1.6 million s.f. of net absorption through 2023. The direct vacancy rate surpassed 20% in the CBD. Available sublease space on … Read more
Ben discusses the ‘power of the ask’ in the current real estate market in this episode. Learn how to seize opportunities through creative negotiation, improving lease terms and capitalizing on market conditions.
Ben explores the evolving office landscape in Chicago’s Fulton Market and the Loop, reflecting on two decades as a tenant rep broker and current market dynamics post-pandemic.
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
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
Rob Healy shares his experience in property management, highlighting the often overlooked yet vital role in closing real estate deals and revitalizing LaSalle Street.
Eric Janssen reflects on over three decades in Chicago real estate, emphasizing adaptation and optimism in the face of market challenges.
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.
Office
Lofts
Finance
Health
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.
Learn more about Bradford Allen, our culture, our network, and how to connect with our team.