CHICAGO, IL – Bradford Allen Realty Services is pleased to announce that Senior Managing Director Ben Azulay and Director Ryan Moen have completed a new 42,435 square foot lease on behalf of Epsilon at 1 Pierce Place in Itasca, Illinois.
Epsilon, a global marketing services firm, is relocating to 1 Pierce Place from 1100 East Woodfield Road in Schaumburg, Illinois. Founded in 1969 and recognized by Ad Age as the #1 U.S. Agency from All Disciplines, #1 World CRM/Direct Marketing Network and #3 U.S. Digital Agency Network, the firm has 60 offices worldwide and over 5000 employees. With six offices in the Chicago area, the firm is consolidating its existing Schaumburg location with its office in West Chicago, Illinois.
Azulay and Moen assisted the firm with its site selection analysis, ultimately securing space at 1 Pierce Place in Itasca based on its location between Schaumburg and West Chicago as well as the building’s high-end, professional environment. Epsilon will move into the new 42,435 square foot office space in two phases beginning in November 2014 and culminating in May 2015.
“We are pleased to have assisted Epsilon in streamlining its operations to create greater efficiencies and foster deeper collaboration. This transaction enables Epsilon to combine employees from two suburban offices under one roof in a convenient and centralized location,” said Bradford Allen’s Azulay. “It also offers Epsilon flexible expansion options within the same property if needed down the road.”
“It’s an exciting time for Bradford Allen with our continued expansion and the growth of our multi-market platform,” added Jeffrey Bernstein, principal and co-founder of Bradford Allen. “In this particular transaction, Ben and Ryan teamed with Cassidy Turley’s Boston office and drew from their market knowledge and analysis skills to find a high-end, move-in ready space to accommodate the firm’s near and long-term growth.”
Azulay and Moen represented Epsilon in the lease negotiations and co-brokered the deal with John Boyle and Denise Orlando from Cassidy Turley’s Boston office. Scott Schroeder of Hamilton Partners represented building ownership.
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.