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Bradford Allen Completes Long Term Sublease for MainStreet Advisors at 120 N. LaSalle

CHICAGO, IL – Bradford Allen Realty Services is pleased to announce that the firm’s Senior Managing Director Craig Nadborne has completed a sublease for 13,685 rentable square foot lease on behalf of MainStreet Advisors (MSA) at 120 N. LaSalle in Chicago.

MainStreet Advisors specializes in providing wealth management services for financial institutions. A client of Nadborne’s for more than a decade, the firm currently occupies 8,694 square feet at 120 N. LaSalle and required additional space to accommodate its operational growth. Bradford Allen’s Nadborne sourced a unique and strategic opportunity for the firm within the same property.

“The full floor sublease was available 4 floors below MainStreet’s existing offices and it was still in the high-rise portion of the building, which was a requirement of MSA’s” said Nadborne. “After working closely with Avison Young, the sub-lessor, and building ownership, we were able to arrange the relocation of MainStreet Advisors to the 13,685 square foot space thereby creating a convenient expansion within the same building.”

The newly leased space is currently occupied by Avison Young who will be relocating to another downtown property. MainStreet Advisors’ former space of 8,694 rentable square feet is now available for sublease. The investment firm will take occupancy of the expanded offices on the 33rd floor in November.

“Craig arranged our first lease for 775 square feet many years ago,” said John Crosson, managing director of MainStreet Advisors. “He understands our business and requirements and has seen us through multiple expansions. In this case, he created an opportunity for us to continue our growth with little disruption to our operations. It was a win-win for everyone involved.”

Nadborne represented MainStreet Advisors in the lease negotiations and Avison Young was self-represented by John Ziesmer, in the sublease.  120 N. LaSalle is owned by Lincoln Property Company.

 

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.