Bradford Allen Appoints Danielle Morse to lead Multifamily Investment Platform

CHICAGO – February 7, 2023 – Jeffrey A. Bernstein and Laurence B. Elbaum, principals and co-founders of Bradford Allen, are pleased to announce Danielle Morse has been named Senior Managing Director and will lead Bradford Allen Investment Advisors’ (BAIA) multifamily investment platform. In this role, Danielle will manage the multifamily acquisitions program from deal sourcing … Read more

Bradford Allen Represents the Law Office of Robert D. Ahlgren and Associates in 15,000 SF Renewal

CHICAGO, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Ben Azulay, Principal, along with Riley Schleifer, Associate, completed a 15,000-square-foot-lease renewal for Ahlgren Law at 33 N LaSalle, a renovated and amenitized vintage art deco tower in the Central Loop. “In a volatile … Read more

Q3/22 Downtown Chicago Market Report

Bradford Allen is pleased to share with you our latest office market report. This quarter in the downtown office market: Absorption levels turned positive for the first time this year at 221,780 s.f. for Q3 Direct vacancy remained relatively unchanged at 18.3% The gross asking rate for the market is $43.94 p.s.f. Sublet availability remained … 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

Q2/22 Downtown Chicago Office Market Report

Bradford Allen is pleased to share with you our latest office market report. This quarter in the downtown office market: Absorption levels improved but remained negative at -300,000 s.f. for Q2 Direct vacancy increased to 18.4% The gross asking rate for the market is $42.87 p.s.f. Sublet availability slightly increased from 3.9% in Q1 to … Read more

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