Bradford Allen secures 180 N. Wacker leasing assignment in Chicago CBD

CHICAGO, IL  â€“ Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Executive Managing Director Dan Fernitz has been promoted to Suburban Market Leader. Fernitz, formerly with JLL, joined Bradford Allen in 2017 to lead the Agency Services practice, bringing over 30 years of experience in the commercial … Read more

Bradford Allen secures 180 N. Wacker leasing assignment in Chicago CBD

CHICAGO, IL â€“ Bradford Allen is pleased to announce that Andy DeMoss, Matt Wright, and Amy Zelasco have completed seven transactions totaling 47,500 square feet at 209 W. Jackson in Chicago on behalf of Miami-based owner Market Street Real Estate Partners. DeMoss’s team completed seven transactions, including six new deals totaling 35,765 square feet. The new transactions … Read more

Bradford Allen secures 180 N. Wacker leasing assignment in Chicago CBD

This year in the suburban office market: Net absorption was positive 331,551 square feet for the quarter, but negative 516,840 square feet for the year.   From mid-year to year-end, direct availability dropped from 25.11% to 24.16%, while direct vacancy rose from 19.16% to 19.55 Overall, the direct asking rate was $24.73 p.s.f.   To … Read more

Bradford Allen secures 180 N. Wacker leasing assignment in Chicago CBD

Bradford Allen is pleased to share our Q4/19 office market reports. This quarter, in the downtown office market: This quarter in the downtown office market: Net absorption was positive 1.12 million square feet for the quarter and positive 2.32 million square feet for the year.    Quarter over quarter, direct availability rose to 14.35% from … Read more

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