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Monthly Archives: January 2013

Bradford Allen Expands Services to Include Management Services and Hires Industry Veteran Roger Clark to Lead Group

CHICAGO –  Bradford Allen is pleased to announce the expansion of its service platform with the formation of Bradford Allen Management Services.  The firm now offers a comprehensive array of management services to owners of and investors in commercial real estate throughout Chicagoland. This new practice group will be led by industry veteran, Roger Clark.

Clark brings more than 25 years of property and asset management experience to the table.  In his new role as President of Management Services, he’ll be responsible for identifying, developing, directing, and operating all management assignments for the firm.  Bradford Allen Management Services will provide capabilities that range from facility and property management – including accounting, financial services and project/construction management.   Clark has assembled a management team including administration, property accountants and field managers.
“We are proud and very excited to welcome Roger to Bradford Allen,” said Principal and Co-Founder, Jeffrey Bernstein.   “Roger’s extensive property management knowledge and relationships, along with his high level of integrity and professionalism, will greatly benefit our firm as we grow this new division.”
Clark has managed over twenty million square feet of office and industrial space throughout the Chicago, Detroit, Minneapolis, Indianapolis, St. Louis and Des Moines markets. Prior to joining Bradford Allen, he worked with noted companies such as Insignia, CAPSTAR Commercial Real Estate Services, Hines and most recently Winthrop Management.
Throughout his tenure, Clark has represented institutional clients such as Area Property Partners VE Funds, Metzler Realty Advisors, Inc, UBS, Fosterlane Management Company, Walton Street Capital, LLC, Principal Financial Group, TIA – CREF, and Cohen Financial.
“Given their recent growth, and their dedication to providing outstanding client services, it’s an exciting time to be joining Bradford Allen,” said Clark.  “I look forward to building this new division, and enhancing our service platform for our existing and new clients.”
Clark earned his bachelor’s degree from Michigan State University, and is a licensed real estate broker in Illinois.
About Bradford Allen

Bradford Allen Realty Services, a Chicago-based, national commercial real estate company that provides a full array of brokerage services and expertise to entrepreneurial and corporate business entities as well as not-for-profit organizations.  The firm provides real estate strategy, advice, marketing, and transaction execution for occupiers, investors and owners of real estate. For more information please visit our website at www.bradfordallen.com

 

 

Bradford Allen Announces New Methodology for Suburban Chicago Office Market Report

CHICAGO –  Bradford Allen Realty Services, a Chicago-based commercial real estate firm, today announced expanded and improved market research capabilities for the suburban Chicago office market. Beginning with the fourth quarter 2012, the enhanced market reports will provide greater insight into the current status and emerging trends in the suburban Chicago office market.

“Our primary goal was to eliminate geographical outlier properties that can skew the accuracy of reported numbers,” says Joel Berger, senior managing director with Bradford Allen. “As Chicagoland expanded outward over the last two decades, each of the suburban submarkets began to include more remote areas that are not necessarily relevant or meaningful.  The market reports for many other national real estate firms include these areas as part of their search parameters, and therefore those statistics can be misleading.”
Berger went on to explain that by creating a formula to eliminate the properties that skew the accuracy and merit of the statistics, the Bradford Allen report will offer more meaningful information that clients can use to make sound real estate decisions.
In addition to refining the database and adjusting for the most relevant properties, a new segment of these new reports offer details for five new “micro-markets” within the four major submarkets. When clients now review each of the major suburban submarkets, they can see detailed information on a much more granular and actionable level.
Ultimately, the goal is to ensure that both our tenant and landlord clients were being presented with the best possible information on the suburban office markets.

About Bradford Allen

Bradford Allen Realty Services, a Chicago-based, national commercial real estate company that provides a full array of brokerage services and expertise to entrepreneurial and corporate business entities as well as not-for-profit organizations.  The firm provides real estate strategy, advice, marketing, and transaction execution for occupiers, investors and owners of real estate. For more information please visit our website at www.bradfordallen.com