Author Archives: Cody Cunningham

Bradford Allen Executes 35,000 SF of Leasing at 570 Lake Cook Road

CHICAGO – May 17, 2023 – Bradford Allen, a national full-service real estate firm, today announced it has completed two new deals totaling 35,000 square feet at 570 Lake Cook Road, a five-floor, 138,000-square-foot office building in Deerfield, Ill., a northern suburb of Chicago.

Venture X has signed a 19,000-square-foot lease to open a new co-working location in the former JUUL space on the building’s third floor. This location will be the company’s second within Chicagoland, expanding its presence and versatile workspace solutions to meet the rising demand for suburban office space. Venture X plans to open their high-end co-working spaces in the northern submarket later this year.

Bradford Allen’s Joel Berger, senior managing director, negotiated the lease on behalf of ownership, while Vic San Miguel of Bespoke Commercial Real Estate represented the tenant.

“The Venture X expansion from the western suburbs to the north is indicative of the growing need for quality office space in key suburban markets,” said Berger. “Companies value a physical presence in the area to take advantage of Lake County’s diverse talent pool and comparably affordable rental rates. At 570 Lake Cook in particular, the immediate proximity to the Metra makes it uniquely suited to service a much broader workforce.”

In addition, engineering firm Kimley-Horn has signed a long-term extension and expanded its footprint to 16,000 square feet to accommodate its growth. Berger again negotiated the lease on behalf of ownership, while Hayden Rasmussen and Jon Azulay of Savills represented the tenant.

Located about 30 miles north of downtown Chicago, 570 Lake Cook Road was renovated last year and features heated underground parking, top-floor solarium, state-of-the-art conference facilities, and on-site management. It is located at the Lake Cook Metra stop.

About Bradford Allen
Bradford Allen (BA) is a commercial real estate firm based in the heart of downtown Chicago. Founded in 2003 by principals Jeffrey Bernstein and Laurence Elbaum as an office brokerage, the firm has grown into a vertically integrated, commercial real estate company, offering a full array of services and expertise across multiple U.S. markets to entrepreneurial, corporate, and not-for-profit clients, including strategy, marketing, and transaction execution for occupiers, investors, and owners. For more information, visit bradfordallen.com

 

Bradford Allen Appoints Danielle Morse to lead Multifamily Investment Platform

CHICAGO – February 7, 2023 – Jeffrey A. Bernstein and Laurence B. Elbaum, principals and co-founders of Bradford Allen, are pleased to announce Danielle Morse has been named Senior Managing Director and will lead Bradford Allen Investment Advisors’ (BAIA) multifamily investment platform.

In this role, Danielle will manage the multifamily acquisitions program from deal sourcing to closing. Consistent with BA’s vertically integrated investment philosophy, she will also supervise the portfolio’s in-house asset and property management teams.

“We couldn’t be happier that Danielle is bringing her passion, extensive experience, and creativity to BAIA,” said founder Jeff Bernstein. “As we expand into new product segments, having a deep bench of experts with successful track records allows us to scale up nimbly and confidently. Danielle’s entrepreneurial approach, local market knowledge, and transactional experience are a great fit for what we’re trying to accomplish.”

In addition to her over two decades of experience in multifamily acquisitions and operations, she is an accomplished professional artist.


About Bradford Allen Investment Advisors
Founded in 2013, currently with over $4bn in assets under management and over 3 million square feet of real estate, Bradford Allen Investment Advisors (BAIA) is an alternative asset manager specializing in commercial real estate and private placements. A wholly owned subsidiary of Bradford Allen—a vertically integrated real estate firm—BAIA provides end-to-end real estate transaction and management solutions for multifamily, commercial office, and mixed-use development across the US. The firm’s roots are in brokerage and property operations, a lineage that traces back to 2003 when the firm’s principals—Jeffrey Bernstein and Laurence Elbaum—founded Bradford Allen Realty Services.

 

Bradford Allen Investment Advisors Acquires Office Portfolio in Greenwich, Conn.

New York, NY — November 7, 2022 — Bradford Allen Investment Advisors (BAIA), a subsidiary of Bradford Allen, has announced the acquisition of a two-building, Class A office portfolio located in Greenwich, Conn. The portfolio comprises 1 Lafayette Place and 1 E. Putnam Avenue—both 100% leased—and was sold through a joint venture between Global Gate Capital and Lincoln Property Company. Steve Bardsley, Jeffrey Dunne, and Travis Langer of CBRE represented the sellers.

Situated near Greenwich Avenue in the Central Business District, the 90,268-square-foot, two-building complex includes high-profile, institutional tenants such as Wells Fargo and BlackRock.

“Greenwich is already one of the strongest CBD markets in the country and still holds immense potential. These buildings are examples of the market’s attractive conditions and high demand, and the acquisition reflects our strong belief in the ability of physical office space to remain the central pillar to transacting business,” said Jason Gold, executive managing director at Bradford Allen.

The transaction marks the Chicago-based real estate firm’s first New York-area acquisition in a move that further underscores its commitment to the local market. Bradford Allen opened its first dedicated New York office in 2021, tapping veteran broker Glenn Isaacson to oversee operations. The firm’s New York office is located at 777 Third Avenue in Manhattan.


About Bradford Allen
Bradford Allen (BA) is a national commercial real estate firm based in the heart of downtown Chicago. Founded in 2003 by principals Jeffrey Bernstein and Laurence Elbaum as an office brokerage, the firm has grown into a vertically integrated commercial real estate company, offering a full array of services and expertise across multiple U.S. markets to entrepreneurial, corporate and not-for-profit clients, including strategy, marketing and transaction execution for occupiers, investors and owners. For more information, visit bradfordallen.com.

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Editors:
For more information, contact Jeremy Barewin at [email protected] or (312) 267-4533.

 

Bradford Allen represents Restoration Builders in 10,000-SF relocation and expansion

CHICAGO, IL — Joel Berger and Craig Nadborne, Senior Managing Directors at Bradford Allen, represented Restoration Builders in the relocation and expansion of the repair and restoration company’s Midwest corporate office. Previously located in Elmhurst, Restoration Builders will now office out of a 10,000-square-foot space at 263 Shuman Boulevard in Naperville, Illinois.

Known as The Shuman, the recently redeveloped 350,000-square-foot office building delivers an urban vibe to the suburban office landscape, promising tenants the most comprehensive workplace experience outside of the Chicago CBD. Kellen Monti of JLL represented the building in the sublease of the space.

“We were thrilled to help place Restoration Builders in such a terrific, modern space. The relocation is a great example of what we’re seeing more and more—companies searching out amenity-laden spaces in Class A buildings to entice workers back to the office full time. The Shuman offers an environment that gets tenants excited about coming to work,” said Berger.

 

Bradford Allen represents Avenir in 10,000-square-foot headquarters relocation

NEW YORK, NY — Glenn Isaacson, President at Bradford Allen’s New York office, is pleased to announce the firm has assisted Avenir Growth Capital in a headquarters relocation to 817 Broadway in Greenwich Village. Isaacson was assisted in representing the tenant by associate Anthony Builder, while landlords Tactonic Partners, Nuveen Real Estate, and Squire Investments were represented by David Faulk, Jason Greenstein, Daniel Levine, and Jordyn Comras of Newmark.

Avenir will relocate from their seventh-floor space at 135 Fifth Avenue to the twelfth floor of 817 Broadway in a new five-year lease. The New York-based equity firm was founded in 2017 to focus on building a portfolio of high-growth, category-defining companies. The firm currently has over $2 billion in assets under management.

 

Bradford Allen’s Ben Azulay Re-Elected to TCN Board of Directors

Chicago, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce the re-election of Ben Azulay, Principal at Bradford Allen, to the TCN Worldwide Board of Directors. Bradford Allen has been the Chicago office affiliate of TCN Worldwide since 2004, enabling comprehensive service to its clients locally, nationally, and internationally. In 2021, Bradford Allen became the New York affiliate with the opening of their downtown office at 745 5th Avenue, New York, NY. Ben’s involvement continues BA’s strong tradition of leadership within TCN as Laurence Elbaum served nine years on the Board of Directors, including four years as Chairman.

“We are thrilled that Ben was re-elected to the TCN Worldwide Board of Directors,” said Elbaum. “Ben has been an integral part of Bradford Allen for more than 17 years. In addition to his successful tenure as Regional Vice President for TCN’s Central Region, he has demonstrated his innate ability to lead with multiple TCN Team Player awards. I am proud to see him continue our firm’s tradition of leadership within TCN.”

Joining Bradford Allen in 2004, Ben has built a national client base by focusing on representing tenants whose operations are based in Chicagoland. Throughout his tenure with the firm, he has represented large users of office space in a wide variety of transactions that include GrubHub, Northwestern Mutual, and MedSpeed.

 

Bradford Allen Expands Brokerage Services to New York City, Appoints Glenn Isaacson as Regional President

New York, NY — Bradford Allen, a full-service, national commercial real estate services firm headquartered in Chicago, announced its expansion with the opening of a New York office and the strategic hiring of industry veteran Glenn Isaacson as President of the New York office. The announcement was made by the firm’s principals and founders, Jeffrey A. Bernstein and Laurence B. Elbaum.

Bradford Allen was co-founded in 2003 to fill the void between large commercial real estate providers and small boutique firms. Headquartered in the heart of downtown Chicago, the entrepreneurial firm has grown into a best-in-class brokerage offering a full array of services, including tenant representation, landlord representation, consulting and advisory services, property and asset management and construction and project management. With three offices in Chicago, the company is now comprised of over 100 professionals providing strategy, marketing, and transaction execution for occupiers and owners of commercial real estate.

Bradford Allen New York represents a return to Manhattan for the firm’s founders who began their real estate careers as a team at Walter & Samuels in 1992 and then at the Edward S. Gordon Company and Insignia/ESG. Bernstein and Elbaum completed more than seven million square feet of transactions while teamed in New York, and together helped shape the office landscape of Midtown South.

“Our return to the New York City market gives us the opportunity to introduce the differentiated Bradford Allen platform to the world’s most dynamic, vital business hub,” said Mr. Bernstein. “In this era of consolidation and mega-firms, we fill a void for principal-driven service and attention, and a commitment to excellence in all we do.”

Mr. Elbaum said the opportunity dovetails with Bradford Allen’s ability to secure Glenn Isaacson as principal and president of the New York operation. “We have confidence in Glenn to build and lead this office, to create a professional and collegial environment where experienced, talented and inspired real estate service experts can work together to craft and execute transactions that serve their clients’ business goals.”

One of the most accomplished professionals in New York commercial real estate, Mr. Isaacson brings 40 years of leadership and experience to his new role. Mr. Isaacson has held some of the most senior and prestigious posts at New York’s top real estate services firms, culminating as Vice Chairman at Cushman & Wakefield prior to his appointment as President of Bradford Allen New York. Recognized as both a strong manager and seasoned brokerage professional, Mr. Isaacson has completed more than 20 million square feet of leasing transactions. His customers include a large number of prominent owners and agencies, as well as esteemed tenants such as
Boston Consulting Group, Northwell Health, Avenues Schools, China Merchants Bank and Seyfarth Shaw. In addition, he is recognized for his work on behalf of respected nonprofit organizations such as Carnegie Hall Corporation, UJA Federation of Jewish Philanthropies, American Kennel Club and the American Foundation for AIDS Research (on whose board he now sits).

As President of Bradford Allen New York, he will be responsible for managing all brokerage services and company operations in addition to leading transactions with landlords and tenants, directing new business development, and assembling a group of top professionals to strengthen the firm’s position in the regional marketplace.

The process of forming the Bradford Allen New York team is under way with the hiring of Tony Builder as an Associate Broker and Kim Woodruff-Walker as office manager. Mr. Isaacson said he and his partners are meeting with several seasoned professionals to build out a strong core team.

“I’m excited by the opportunity to build Bradford Allen New York and lead the office forward through exceptional client servicing and top-talent recruiting,” adds Mr. Isaacson. “Over the course of my career, I’ve learned first-hand what works and what doesn’t work in the brokerage industry. Bradford Allen’s platform and efficient process is compatible with my own approach to transacting business, with a value proposition that combines the expertise of a large brokerage alongside the nimble mobility of a privately held firm. It’s the ideal time for Bradford Allen to plant its flag in the dynamic New York City market and the commercial real estate environment in this region is ripe for our future growth.”


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.

 

Bradford Allen Investment Advisors acquires Edens Corporate Center in Northbrook, IL

CHICAGO, IL — John Butler, Executive Managing Director of BAIA, is pleased to announce the acquisition of Edens Corporate Center at 630 & 650 Dundee Road in Northbrook, IL. Bradford Allen Realty Services will be the leasing agent, and Bradford Allen Management Services will be the property manager.

Built in 1988, the recently renovated property is a Class A, 187,509-square-foot suburban office building located immediately right off of the Edens Expressway/Interstate 94, the main highway north from the city of Chicago. Joel Berger, Senior Managing Director, and Jake Blesi, Associate, will lease the four-floor property, which currently offers 56,000 square feet of vacancies and an underway spec suite, as well as move-in ready options for tenants. The complex features a 122-car, below-ground, heated, executive parking garage; a one-of-a-kind outdoor meeting facility; recently modernized lobbies, lavatories, and common areas, along with a fitness center and yoga studio.

“The property is unique within the Skokie Boulevard submarket. It is easily the best option for the smaller and mid-sized tenants, with each floor having two wings that offer flexible space designs with a great window line. The proximity to walkable amenities coupled with the underground garage, the renovated common areas, indoor and outdoor conference facilities, fitness center, and Once Upon a Bagel as the on-site food service, make Edens Corporate Center the best value in the submarket,” said Berger.

“We just signed our first new lease with Phase 3 Capital Management for 3,500 RSF last week and have another lease out for signature. The North suburbs have continued to perform well this year, and we were so excited to have had the opportunity to acquire one of the best buildings in the North Market. Our planned upgrades to the tenant amenities—along with the engaged, flexible, and local ownership—will help the property attract dynamic new tenants in the area,” added Butler.


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.

 

Bradford Allen completes 35,500 SF of leasing at 570 Lake Cook Road

CHICAGO, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Senior Managing Director Joel Berger has completed five transactions totaling 35,539 SF at 570 Lake Cook Road in Deerfield, IL.

Banner Real Estate Group (represented by Randy Bowles and Steve Levitas of Newmark) signed a new lease for 2,750 SF. Align Business Finance (represented by Sam Grossman of The Fairchild Group) signed a lease expansion and renewal for 4,986 SF. Completed lease renewals included DD&A for 2,003 SF, Sedgwick Claims Management Services (represented by Paul Diederich of CBRE) for 9,323 SF, and Vail Systems, Inc. (represented by Dan McCarthy and Phil Geiger of JLL) for 16,477 SF.

“The recent volume of leasing activity is a testament to the new ownership’s commitment to positioning 570 Lake Cook Road as a best-in-class property. The onsite Lake Cook Metra Station coupled with the underground parking garage are significant differentiators from the property’s competition and make 570 a better value,” said Berger.


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.

 

Bradford Allen completes 35,000 SF of leasing in Downtown Chicago

Chicago, IL ­– Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce the firm’s Downtown Agency Services practice has completed three new leases for a total of 35,000 square feet in downtown Chicago. Workbox (represented by Grant Rich and Kyle Hundelt of Colliers) signed a new 13,738-SF lease at 600 W. Jackson in the historic Burnham Otis Building, Windrose Recovery Chicago (represented by David Goldberg of Special Assets) signed a new 10,905-SF lease at 142 E. Ontario, and StrategIQ Commerce signed a 10,150-SF lease at 217 N. Jefferson (represented by Andy Davidson, Boris Yelyashov, and Nathan Miller of MBRE). The team is led by Senior Managing Director Andy DeMoss and includes Director Alex Gordon and Associate Amy Zelasco.

“Touring velocity is back, but getting to the finish line in still a challenge. The current leasing environment requires being nimble, so we are thankful our clients have been able to match our speed and creativity to see these through to fruition,” said DeMoss.


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.

 

Bradford Allen Completes 7,000-SF Lease Renewal in Downtown Chicago

Chicago, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen are pleased to announce that Managing Director Justin Kessler and Associate Riley Schleifer completed a 7,000-square-foot lease renewal for Stone & Johnson at 111 W. Washington Street in Chicago, IL. The Landlord was represented by Erica Rogers of Golub & Company.

“We presented Stone & Johnson with a number of alternatives in the market, but their current space was already a great fit, and coupled with an aggressive offer from ownership, it ultimately meant that remaining was their best option. By leveraging the current market, a renewal also offered Stone & Johnson a significant savings to their previous lease,” said Kessler.

Stone & Johnson is a civil litigation law firm headquartered in Chicago, IL. The firm has a broad range of experience which includes the defense of disputes involving insurance coverage, premises liability, construction accidents and defects, workers’ compensation, products liability, professional liability, school bus operation, and automobile accidents. The firm possesses Martindale-Hubbell’s highest AV rating, which ranks the firm’s legal ability as preeminent and its ethical standard as very high. The firm is also listed in Martindale-Hubbell’s coveted Bar Register as one of a select number of litigation firms in the Chicagoland area.


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.

 

Bradford Allen Completes 16,500-SF Lease Renewal in Deerfield, IL

Chicago, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Senior Managing Director Joel Berger has completed a 16,500-square-foot renewal lease between Vail Systems, Inc. and the ownership of 570 Lake Cook Road in Deerfield, IL. Vail, a long-time tenant and the second-largest in the building, signed a five-year renewal. Dan McCarthy of JLL represented Vail in the transaction.

“The ownership was thrilled that Vail decided to renew at 570 Lake Cook Road,” said Berger. “I believe Vail placed value on having the Metra platform attached to the building’s parking lot, the underground heated parking garage, and ownership’s commitment to upgrading the property overall.”

Founded in 1991, Vail Systems is a telephony software and cloud services company that uses its advanced technology to enhance billions of customer conversations every year. Vail is committed to creating business value for clients and growth opportunities for employees by developing solutions that inspire people to interact freely and authentically.

“We are so happy that Vail Systems decided to renew at 570,” said Elbaum.

“Vail’s decision to remain at 570 has reconfirmed our belief in the building’s value proposition and the amenities that set it apart from its direct competition,” added Bernstein.


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.

 

Bradford Allen Completes 10,500-SF Lease in Elmhurst, IL

Chicago, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Managing Director Norm Murdoch completed a new 10,500-square-foot lease between Parkway Dental Services, LLC and the ownership of 501 West Lake. Parkway, a dental supplies and equipment provider, signed a seven-year lease for their first Illinois location.

“Parkway Dental sought a centrally located property within the Chicagoland suburbs with easy access for both clients and staff. In addition, they wanted the ability to be up and running quickly. We were excited to be able to fulfill both requirements with 501 West Lake, which is highly accessible to I-290, 1-294, and Route 83, in addition to its close proximity to the downtown Elmhurst Metra. It also happens to have been previously occupied by a tenant in the same industry, so the existing conditions were ideal for Parkway’s needs,” explained Murdoch.

Parkway was founded in New Jersey in 1975 and remains a family-operated business to this day. Serving the New Jersey, Delaware, and Eastern Pennsylvania dental community for over 40 years, their commitment to delivering a great experience for the dental team has allowed them to grow into a regionally known, highly respected, full-service provider of dental supplies and equipment.

“This transaction highlights Norm’s instincts and deep market knowledge. His understanding of the tenant’s needs, coupled with his awareness of the unique attributes of this particular space, allowed him to structure this deal to the benefit of both parties,” 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.

 

Bradford Allen Completes 23,000-SF Lease in E/W Corridor

Chicago, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Joel Berger, Senior Managing Director, completed a 23,000-square-foot lease (12,000-square-foot renewal and 11,000-square-foot expansion) for Professional Wealth Advisors (PWA) at 2655 Warrenville Road in Downers Grove, IL. The building is owned and leased by Transwestern Investment.

“Professional Wealth Advisors’ recent merger with HighPoint Planning Partners was a significant expansion and a real game changer for the industry. We were pleased to be able to support that rapid growth by nearly doubling the size of their footprint at their current Downers Grove space,” explained Berger.

Professional Wealth Advisors was founded in 2015 by three partners seeking to structure a financial services platform to make independence for advisors more gratifying. PWA provides support in navigating the challenges, regulatory pressures, technology, and infrastructure necessary to provide high-quality service to clients and families. Upon the completion of the HighPoint merger, the firms will together manage over $8.5 billion in total client assets and support more than 200 financial advisors.

“Joel, an industry veteran, has continued to provide outstanding client service throughout the pandemic. Jeff and I are proud of Joel and the professionalism he delivers day in and day out,” 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.

 

Bradford Allen secures 10,000-SF, ten-year renewal at 200 S. Michigan Ave

Chicago, IL — Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Ben Azulay, Principal, completed a 10,000-square-foot, ten-year lease renewal for Rubinos and Mesia Engineers, Inc. (RME) at 200 S. Michigan Avenue. The renewal allows the engineering firm to remain on the 15th floor of the Michigan Avenue office tower, where they have been a tenant for over 30 years. Craig Coupe of JLL represented the landlord in the transaction.

“Considering the ongoing impact of the pandemic on the marketplace, we were thrilled to be well-positioned to assist RME in accomplishing their goals. By successfully leveraging the market to their benefit, we were able to secure significant concessions as a component of their renewal for the next ten years,” explained Azulay.

Established in 1982, Rubinos & Mesia Engineers, Inc. is a structural/civil engineering and construction management firm who have established a reputation among leading consultants as diligent, well-diversified program managers who provide a uniquely intimate design evaluation experience. The recipient of over 20 industry awards, RME has successfully completed over 2,000 projects to date.

“Jeff and I are really proud of Ben. We are living in extremely challenging times, and he and his team have continued to produce at a high level throughout the pandemic,” 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.

 

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.

 

Bradford Allen Investment Advisors acquires 570 Lake Cook Road

Chicago, IL ­– John Butler, Executive Managing Director of BAIA, is proud to announce the acquisition of 570 Lake Cook Road in Deerfield, IL. Bradford Allen Realty Services will be the leasing agent, while Bradford Allen Management Services will be the property manager.

Built in 1984, the newly renovated property is a 137,492-square-foot suburban office building located at the Lake Cook Metra stop. Joel Berger, Senior Managing Director, and Matt Alexander, Managing Director, will lease the four-story property, which currently offers 40,000 square feet of vacancies, an underway spec suite program, and move-in ready options for tenants. A new lounge and state-of-the-art conference facilities were also recently implemented. Situated less than two miles from I-94 and I-294, its prominent frontage along Lake Cook Road is seen by 36,000 vehicles each day.

“The property is really a hidden gem within that market. It is far and away the best option for smaller and mid-sized tenants, with each floor having two wings that offer flexible space size with a great window line. It’s attached to the Metra station and offers wonderful proximity to walkable amenities, in addition to building amenities,” said Berger.

“We just renewed Sedgwick Claims Management Service on a 10,000-square-foot lease, and we’re set for continued success through the coming year. The heated, underground parking and top-floor solarium lounge are both really significant perks at this price point and make for an attractive option to tenants,” added Berger.


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.

 

Bradford Allen hires Alex Gordon to expand Downtown Agency Leasing team

Chicago, IL ­– Andy DeMoss, Senior Managing Director, Downtown Agency Leasing at Bradford Allen, is thrilled to announce that Alex Gordon has joined the firm.

Gordon is the most recent addition to Bradford Allen’s Agency Leasing practice. Prior to joining Bradford Allen, Alex was an “in-house” leasing agent at Golub & Company, where he was responsible for the leasing of 300 S. Wacker, 444 N. Michigan, 111 W. Washington, 625 N. Michigan, and 680 N. Lakeshore. Previously, he was an assistant property manager with Tishman Speyer, where he worked on 525 W. Monroe and 190 S. LaSalle.

“I am very excited to join Bradford Allen, as they have a stellar reputation and significant presence in the Downtown Chicago market, and I’m equally as excited to work alongside Andy,” said Gordon.

“The addition of Alex rounds out the experience level on our team nicely. He will be working with me on our newest assignments, One North LaSalle and 180 North Wacker Drive,” added DeMoss.


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.

 

BA’s John Millner Named President, CCIM, IL Chapter for 2020

CHICAGO, IL – Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are excited to announce that John Millner, Managing Director with Bradford Allen’s Agency Leasing practice, has been named President of CCIM’s Illinois Chapter for the 2020 term. Millner has served on CCIM’s Board of Directors as an Executive Member since 2018.

“I’m excited to take on the challenges and responsibilities of this new role and honored to continue serving such an integral organization within the commercial real estate industry. CCIM’s mentorship, education services, and networking opportunities are invaluable resources to our community, and I look forward to growing our services and outreach in the coming year,” said Millner of his appointment.

Millner joined Bradford Allen in 2009 and has become a key member of the Oak Brook-based brokerage team in the years since. John specializes in medical office and traditional office agency leasing, representing approximately 2,000,000 square feet of product in suburban Chicago. Recently, John increased the occupancy of 4355 Weaver Parkway in Warrenville from 59.5% to 100%, completing 24,320 square feet of new leases in just nine months. In Hinsdale, John improved the occupancy of 908 & 911 North Elm Street by 21% through signing 53,000 square feet of new and renewal leases.


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.

About CCIM
CCIM stands for Certified Commercial Investment Member. CCIM designees are recognized as leading experts in commercial investment real estate. Above all, the CCIM designation represents proven expertise in financial, market, and investment analysis, in addition to negotiation. CCIM designees are able to help their clients minimize risk, enhance credibility, make informed decisions, and close more deals. For more information, visit ccimilchapter.org.