Bradford Allen is pleased to share our latest office market reports. This quarter in Chicago’s downtown office market: Q4 2025 net absorption turned positive for the first time in nine quarters, recording 163,433 square feet of absorbed space, bringing the annual net absorption in the CBD to negative 2 million square feet and underscoring an uneven … Read more
Bradford Allen is pleased to share our latest office market reports. This quarter in Chicago’s downtown office market: Q3 2025 net absorption was approximately negative 170,000 square feet, an improvement over Q2’s negative 1.7 million square feet.. Direct vacancy was 24.4%, in-line with last quarter’s record high 24.7%. The average gross asking rates were up slightly … Read more
Bradford Allen has been named the exclusive leasing agent for 1333 N. Kingsbury, a newly renovated office building in Chicago’s Lincoln Park/Clybourn Corridor. (Credit: Guillermo Pizano NĂºĂ±ez) CHICAGO — Bradford Allen announced its appointment as exclusive leasing agent for 1333 N. Kingsbury, a newly renovated office building in Chicago’s Lincoln Park/Clybourn Corridor, led by Associate … Read more
Bradford Allen is pleased to share with you our latest office market report. Activity in Chicago’s downtown office market was steady, as firms expanded and well-capitalized owners continued robust leasing programs. This quarter in Chicago’s downtown office market: Q2 2025 net absorption was negative 1.5 million square feet, among the weakest since Q1 2024. Direct … Read more
CHICAGO — Bradford Allen, a national full-service commercial real estate firm, today announced a new lease at 142 E. Ontario in Chicago’s Streeterville neighborhood. Lo Destro Construction Co. has signed a lease for 7,773 square feet of office space in the building. Bradford Allen represented the building’s ownership in the transaction, with executive managing director … Read more
Ben is joined by Kathleen Bertrand of Transwestern for a wide-ranging conversation on the current state of the Chicago office market. They reflect on their parallel 20-year careers in commercial real estate and how market cycles — and downtown activity — are shifting again. They discuss how deal momentum is returning, particularly among smaller tenants, … Read more
Bradford Allen is pleased to share with you our latest office market report. Activity in Chicago’s downtown office market was steady, as firms expanded and well-capitalized owners continued robust leasing programs. This quarter in the downtown office market: Q1/25 direct net absorption was negative 173,000 square feet, significantly improved relative to negative 1.8 million square … Read more
Ben is back with another episode of Ten with Ben, exploring the recent momentum in the commercial real estate market. Leasing velocity is up, transaction volume is rising, and distressed assets that once seemed stagnant are now trading hands. Post-election stability and renewed business confidence have fueled this shift, as companies gain clarity on their … Read more
Bradford Allen is pleased to share with you our latest office market report. This quarter in the downtown office market: 2024 net absorption was negative 3.6 million square feet, nearly double the negative 1.9 million square feet recorded in 2023. Direct vacancy continued to climb, reaching a record high of 23.2%. The average gross asking … 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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