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Monthly Archives: September 2013

Bradford Allen Brings Lombard Office Property to 100% Occupancy

Bradford Allen Brings Lombard Office Property to 100% Occupancy
Jones Lang LaSalle signs new lease at 350 E 22nd Street
 

 

CHICAGO –   Bradford Allen Realty Services represented Iron Horse Properties in a 7,800 SF new long term lease for Jones Lang LaSalle at 350 E 22nd Street in Lombard.  This recent transaction brings the 40,800 SF office building to full occupancy.
Bradford Allen Directors John Millner and Ryan Moen represented the building ownership, Iron Horse Properties, in the transaction.   Jones Lang LaSalle was represented by Vice President Ben Erskine.   The global real estate firm will be relocating their IT department from their current offices at 1111 Pasquinelli Drive in Westmont.   The single story office building offered them excellent visibility, a high parking ratio, and a convenient location for their employees.
“Ownership recognized the value of a credit tenant like Jones Lang LaSalle and worked hard to secure them,” said Millner.  “Jones Lang LaSalle is an excellent fit and addition to the tenant roster.”
“Ryan and John’s marketing efforts and direct outreach to the brokerage community helped to successfully lease up the property,” added Laurence Elbaum, principal and co-founder of Bradford Allen.

 

About Bradford Allen

Bradford Allen Realty Services, a Chicago-based, national commercial real estate company 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 Represents Eagle Seven Trading in Office Expansion and Relocation

Trading Firm More than Doubles Size of Chicago Office
 

 

CHICAGO –  Eagle Seven Trading, a Chicago-based algorithmic trading firm, has signed a 16,500 square foot lease for the entire 14th floor at 550 West Jackson, more than doubling the size of its current Chicago headquarters. The firm will be moving from the Chicago Board of Trade building at 141 West Jackson, a space they have occupied since 2007.

 

“This transaction enables Eagle Seven to move into high-end, move-in ready space that can accommodate the firm’s near and long-term growth,” shared Ben Azulay, senior managing director of Bradford Allen, who represented Eagle Seven in the transaction.  “They were able to capitalize on the building’s existing technical infrastructure.”

 

“After analyzing the market for several months, ultimately it was all about the space,” added Stuart Shalowitz, principal, of Eagle Seven Trading.  “550 West Jackson has the infrastructure in place, offers the physical room to grow, and better reflects our image to the marketplace.”

 

In addition to Azulay, Bradford Allen, Principal Laurence Elbaum represented Eagle Seven in the transaction.  Jack O’Brien of Telos Group represented the landlord, West Loop Associates, LLC.

 

About Bradford Allen 
Bradford Allen Realty Services, a Chicago-based, national commercial real estate company 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.

 

TCN Worldwide Recognized Among Top 10 Most Powerful Brokerage Firms by Commercial Real Estate Magazine

DALLAS, TX (Aug. 14, 2013) — H. Ross Ford, president and CEO of TCN Worldwide, announced the organization was recognized as one of the industry’s most powerful brokerages; ranking 7th in Commercial Property Executive’s (CPE) most recent 2013 Top Brokerages – Most Powerful Brokerage Firm feature.

 

“The CPE Index to the Most Powerful Brokerage Firms is evaluated statistically based on information from a number of surveys conducted over the past few years. For this index, we examined how the firms have performed over a period of several years, what their results have been for investment sales as well as leasing, and what sectors they covered, including retail, office, multi-family, industrial, mixed-use, healthcare and hospitality,” noted Commercial Property Executive’s July issue.

 

“As an industry leader, CPE’s ranking reaffirms TCN Worldwide’s position as one of the top and most powerful brokerages in the commercial real estate industry,” stated Ross Ford. “Representing more than 200 markets collectively worldwide, our member firms are leaders within their respective marketplaces and serve as the foundation for our organization’s success.”

 

About Bradford Allen 
Bradford Allen Realty Services, a Chicago-based, national commercial real estate company 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.

 

About TCN Worldwide
TCN Worldwide, a consortium of independent commercial real estate firms, provides complete integrated real estate solutions locally and internationally. With approximately $31.9 billion in annual transactions and over 80 million square feet of space under management, the organization ranks as one of the largest service providers in the industry. An extensive range of real estate services coupled with a personal commitment to exceed client expectations is what allows TCN Worldwide to be a leader within the commercial real estate industry. Formed in 1989, TCN Worldwide is comprised of over 800 commercial real estate professionals serving more than 200 primary and secondary markets worldwide.is a private real estate investment trust (REIT) targeting the distressed residential multi=family real estate market.    For more information, visit TCN online at www.tcnworldwide.com.