Year-End 23 Suburban Chicago Office Market Report

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

Q4/23 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 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

Bradford Allen completes 15,000 SF of new leasing at Edens Corporate Center

CHICAGO, IL — September 6, 2023 — Bradford Allen, a national full-service commercial real estate firm, today announced the leasing of 15,000 square feet at Edens Corporate Center in Northbrook, Illinois, a northern suburb of Chicago. Senior managing director Joel Berger represented ownership in an expansion for MyHome Protection and separate transactions that welcomed Cedar … Read more

Bradford Allen Investment Advisors Acquires Office Portfolio in Greenwich, Conn.

New York, NY — November 7, 2022 — Bradford Allen Investment Advisors (BAIA), a subsidiary of Bradford Allen, has announced the acquisition of a two-building, Class A office portfolio located in Greenwich, Conn. The portfolio comprises 1 Lafayette Place and 1 E. Putnam Avenue—both 100% leased—and was sold through a joint venture between Global Gate … Read more

Bradford Allen represents Restoration Builders in 10,000-SF relocation and expansion

CHICAGO, IL — Joel Berger and Craig Nadborne, Senior Managing Directors at Bradford Allen, represented Restoration Builders in the relocation and expansion of the repair and restoration company’s Midwest corporate office. Previously located in Elmhurst, Restoration Builders will now office out of a 10,000-square-foot space at 263 Shuman Boulevard in Naperville, Illinois. Known as The … Read more

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