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Bradford Allen Completes New 15,720 SF Lease for Foley & Mansfield

Chicago, IL – Bradford Allen is pleased to announce that Principal and Executive Managing Director Ben Azulay has completed a 10-year lease for Foley & Mansfield at 70 W Madison Street in Chicago. Foley & Mansfield will occupy 15,720 square-feet, relocating from 55 W Monroe Street. Cushman & Wakefield’s Matt Lerner and Jack McKinney Jr. represented Ownership (Hearn & Co.) in the transaction.

Foley & Mansfield is a national defense law firm with approximately 160 attorneys in 13 offices from coast to coast, providing legal expertise, creative solutions and extensive trial experience across multiple jurisdictions.

Built in 1981, 70 W Madison is a 57-story, 1.4million SF office tower, formerly known as Three First National Plaza. Purchased by Hearn & Co. in November of 2016, 70 West Madison underwent extensive renovations including a full elevator modernization, facade renovation, atrium, entry & lobby enhancements, roof and HVAC replacements, common corridor upgrades, a fitness center renovation and the creation of an exclusive mezzanine level “c-suite” tenant lounge.

“It was important for Foley and Mansfield to maintain a central downtown location,” said Azulay. “This space had excellent existing Law Firm conditions, which could accommodate the tenants expansion needs, with only minor modifications.”

 

Bradford Allen promotes Ryan Moen to Managing Director

Chicago, IL – Jeffrey Bernstein & Laurence Elbaum, Co-founders of Bradford Allen are pleased to announce that Ryan Moen has been promoted to Managing Director. Ryan joined the company in 2009 and has consistently grown through the ranks. Over the years Ryan has expanded his Landlord representation portfolio and currently represents 19 buildings with a total RBA of over two million SF, including 220 Remington Boulevard in Bolingbrook and 4245 Meridian Parkway in Aurora.

Some of Ryan’s notable transactions include: representing Indeavor Development at 220 Remington Boulevard, Bolingbrook, in its new lease with S&S Activewear for 28,746 square feet; representing UBS Global Asset Management at 4245 Meridian Parkway, Aurora, in it’s renewal with Hartford Fire Insurance for 71,000 square feet and a 25,000 square foot lease with Sedgwick Claims Management as well. Most recently at this property, Ryan completed a long-term lease renewal with INEOS Styrolution for 22,000 square feet. Prior to joining Bradford Allen, Ryan worked for a nationwide real estate developer dedicated to redeveloping underutilized properties through public/private partnerships.

“We could not be happier with Ryan’s career growth and achievements,” said Laurence Elbaum, Co-founder. “From day one, he has exemplified the high level of professionalism, and possessed the moral and ethical character we value at Bradford Allen.”

Ryan is a graduate of the University of Illinois and lives in Geneva, Illinois, with his wife and two children.

 

Jonathan Seeley joins Bradford Allen as a Managing Director

Chicago, IL – Laurence Elbaum, Principal of Bradford Allen is pleased to announce that Jonathan Seeley has joined the firm as a Managing Director. Seeley, a 30-year Office Tenant Representation veteran of the commercial real estate industry, is based in the firm’s Downtown office. Prior to joining Bradford Allen, Seeley was a Vice President of Brokerage at Cushman & Wakefield and DTZ prior to their merger and a Managing Director at Studley before that.

Seeley primarily represents tenants and serves clients in the not-for-profit, financial services, legal, technology, and telecommunications industries. He also has previous experience representing institutional owners and investors in the acquisition and disposition of investment properties.

Seeley earned his MBA with a concentration in marketing and finance from the University of Illinois at Urbana-Champaign and his B.A. from Washington University in St. Louis

“Jonathan is an extremely well-respected veteran of the Chicago brokerage community, and we are very excited to welcome Jonathan to the BA team,” said Elbaum.

 

Bradford Allen Represents Deutsch, Levy & Engel in Lease Extension

Chicago, IL – Bradford Allen is pleased to announce that Managing Director Matthew Alexander has completed a lease extension and relocation on behalf of Deutsch Levy & Engel, Chartered (DLEC) at 225 W. Washington Street. The Chicago-based law firm signed a long-term lease extension and will relocate their offices into 14,000 SF of newly designed more efficient modern space on the 13th floor. The new space also provides DLEC with a prominent position on the floor with immediate access to elevators and the flexibility for future growth. DLEC was one of the first tenants to sign a lease in the then newly constructed building in 1986 and have occupied space on the 17th floor for over 30 years. Mark Gunderson and Mark Baby, of Cushman & Wakefield, represented the Landlord.

Deutsch, Levy & Engel was founded more than 50 years ago and serves clients throughout the United States and in many foreign countries. The firm concentrates in the areas of commercial transactions, financing, corporations, litigation, real estate, federal, state and local taxation, estate planning and probate, with a special emphasis on libel and slander law, and First Amendment matters. The firm’s list of clients includes publicly held as well as entrepreneurial and middle market companies engaged in a broad range of activities, financial institutions and state and local governmental agencies.

“This transaction was mutually beneficial for both the tenant and the landlord,” said Alexander. “The Tenant was able to take advantage of the opportunity to right-size their space and construct an office more suited to their current needs. Everyone involved in the project contributed a great deal and were invaluable in making this a successful transaction.”

Chicago’s Marmon Building, 225 W Washington, stands as one of the most elegant structures in the City of Chicago. Constructed almost entirely of a rose-colored marble with floor to ceiling windows and high arching entranceways, this building attracts some of the most successful businesses in Chicago as tenants. Located in the West Loop, the Marmon Building is one block from the Metra and El train stations and surrounded by several public parking garages. Its easy access to all major transportation routes makes this building a perfect location for commuting.

 

Bradford Allen Completes New 10,010 SF Lease for Simple Mills

Chicago, IL – Bradford Allen is pleased to announce that Associate Matt Wright and Principal Ben Azulay completed a new lease for Simple Mills at 435 N LaSalle in Chicago. Simple Mills will occupy 10,010 square-feet, relocating from 444 N Wells Street. Cushman and Wakefield’s Andrea Saewitz and Ben Cleveland represented the Landlord, Elmdale, in the transaction.

Founded by Katlin Smith in 2012, Simple Mills is a health food company based in Chicago, IL. Simple Mills makes simple, whole food ingredient baking mixes, crackers, cookies and frostings that are naturally gluten-free, grain free and Non-GMO project certified. Simple Mills is currently the fastest-growing brand in natural baking mixes and crackers, ranking #1 in natural baking mixes and #2 in natural crackers by dollars sold.

“Working with Simple Mills was highly enjoyable, their highly talented team possessed an energy and passion for the brand and company’s future that was inspiring,” said Wright. “This is an exciting time for Simple Mills, and the new space should allow them to scale efficiently while also providing a bright backdrop to help display their expanding product line.”

Elmdale purchased 435 N LaSalle, a timber loft building, in 2015. It was originally designed by Adler and Sullivan and is located in the heart of River North at LaSalle and Hubbard. Elmdale brought life back into the building by making some much-needed improvements to the entry, lobby, common corridors, elevators, and washrooms. With 13’ ceilings and large windows facing south and west, there is an abundance of natural light, an important feature to Simple Mills.