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Monthly Archives: December 2016

Bradford Allen Represents Precision Research in Office Renewal in Des Plaines

CHICAGO – Bradford Allen Realty Services is pleased to announce that Senior Managing Director Craig Nadborne and Associate John Skalla have completed a lease transaction for Test Positive Aware Network (TPAN). TPAN will be relocating from 5050 North Broadway back to 5533 North Broadway where they were previously a tenant. They will occupy 12,819 square feet.

TPAN is a community-based organization providing comprehensive health and wellness programs to those impacted by HIV/AIDS. Their mission is to empower those living with or at risk for HIV/AIDS to live open, healthy, and productive lives. According to Nadborne TPAN entered the market after Cedar Street Companies announced their intention to repurpose the group’s current home at 5050 North Broadway. After searching the market it was decided that following the buildings renovation TPAN would once again move into 5533 North Broadway. The organization is scheduled to relocate during the spring of 2017.

“This ends up being a win-win scenario, as the landlord gets a new long term tenant and the tenant (TPAN) moves into a location they are familiar with,” said Nadborne. “This is an established, well known location that will allow TPAN to continue to provide outstanding services to its diverse client base.”

Located in the Uptown neighborhood on the North side of Chicago 5533 N. Broadway is a 30,000 square-foot mixed use building. Originally built in 2002 the building has great access to public transportation as it is half a block away from the Bryn Mawr Red Line station.

 

About Bradford Allen Realty Services

Bradford Allen Realty Services, a Chicago-based commercial real estate firm, offers a full range of 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 Ajinomoto in Lease Transaction in Itasca

CHICAGO – Bradford Allen Realty Services is pleased to announce that Senior Managing Director, Craig Nadborne has completed a lease expansion and extension on behalf of Ajinomoto. The company will be leasing an additional 7,159 square feet at 1300 North Arlington Heights Road where it currently occupies 13,476 square feet.

Ajinomoto is a Japanese food and chemical corporation and has been a client of Nadborne’s for over 20 years. The company is recognized as a global leader in amino-acid-based products for a variety of uses. Ajinomoto moved to 1300 North Arlington Heights Road back in 2012 from the O’Hare market where they still maintain an office. “Ajinomoto originally moved to this location because it provided first class office space at a competitive rental rate while still being close enough to O’Hare to be readily accessible for visitors,” according to Nadborne.

Ajinomoto’s expansion needs arose when it decided to relocate its New Jersey office to Chicago. “The high-end campus environment that Hamilton Lakes offers was the perfect place for the expansion. Ownership was very accommodating in helping structure this long term transaction,” said Nadborne. 1300 North Arlington Heights Road is a 108,000-square-foot Class A building that is part of the Hamilton Lakes Office Park. The complex, located just west of O’Hare Airport, is owned and managed by Hamilton Partners. The company will take occupancy of its additional space in February of 2017.

 

About Bradford Allen Realty Services

Bradford Allen Realty Services, a Chicago-based commercial real estate firm, offers a full range of 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.