Monthly Archives: March 2021

CRE Office Pulse: Issue 002


 

Bradford Allen completes 23,000-SF lease renewal in Lombard

Chicago, IL ­­– Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders, are pleased to announce that Senior Managing Director Joel Berger has completed a 22,916-square-foot lease renewal on behalf of Cinch Connectivity Solutions, Inc. The electrics manufacturer signed a six-year lease extension to remain in their offices at 1700 S. Finley Road in Lombard, IL, where they have been a tenant since 2001. Pete Adamo and Bill Elwood of CBRE represented the landlord, Group RMC.

“Like a number of companies, Cinch was left with unused office space as a direct result of the Covid-19 pandemic and our new normal of a substantial work-from-home culture. But as the vaccines continue to roll out and our economy begins to bounce back, we all agreed the space wouldn’t be underutilized for much longer. With the market still in recovery, it was the perfect time to lock down an extended renewal at favorable terms for the tenant,” explained Berger.

A member of the Bel Group, Cinch Connectivity Solutions has been providing custom engineered solutions for over 100 years. The vertically integrated supplier focuses on high-performance electric connectors and cable assemblies to support military, wireless communications, aerospace, data networking, telecommunications, and harsh-environment use applications.

“Joel is a veteran of the industry and has earned a reputation as a true professional in every sense of the word. Jeff and I are very proud of Joel. We are living in very challenging times, and he continues to provide service at the highest level regardless of the circumstances,” said Elbaum.


About Bradford Allen

Bradford Allen is a national commercial real estate firm based in the heart of downtown Chicago. The company offers a full array of brokerage services and expertise to entrepreneurial, corporate, and not-for-profit clients. Services include strategy, marketing, and transaction execution for occupiers, investors, and owners of commercial real estate. Bradford Allen is the brand name of Bradford Allen Realty Services. For more information, visit bradfordallen.com.