Monthly Archives: April 2023

Ten with Ben 019: Meet Rob Healy

In our latest Ten with Ben, we sit down with longtime property manager Rob Healy, Vice President and General Manager at CIM Group, L.P. to discuss the vital role of property management and why they’re too often an unsung hero in getting deals done. As a former property manager at the BMO Harris Bank building, Rob also shares his thoughts on the planned revitalization of LaSalle Street and the challenges of redeveloping its infrastructure for multifamily. Catch the full show to learn more about Rob and hear his take on current trends and market conditions:

Prefer the audio? Listen to the MP3 or stream from your favorite podcast provider.


Q1/23 Downtown Chicago Market Report

Bradford Allen is pleased to share with you our latest office market report.

This quarter in the downtown office market:

  • Absorption levels turned negative to start the year, posting -1.8 million s.f. in Q1/23
  • Direct vacancy increased to 19.8%
  • The gross asking rate for the market is $42.89 p.s.f.
  • Sublet availability remained steady at 4.5% in Q1/23