Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce the firm completed seven lease transactions during the week of March 30th.
Andy DeMoss, Senior Managing Director, Downtown Agency Services, and his team of Matt Wright and Amy Zelasco completed two new leases and two renewals. Dinos & Young, LLC signed a new 5-year lease for 2,224 square feet at 120 W. Madison, relocating from 20 S. Clark; the law firm was represented by Victor Sanmiguel and Michael Kraft of Bespoke Commercial Real Estate. Pollination Capital Partners, LLC, a climate change advisory and investment firm headquartered in London, signed a new 3.25-year lease for 1,156 square feet at 216 N. May.
The Law Offices of Deborah S. Ashen, Ltd., represented by Sheila Matuscak of Coeo Space and Michael Heaney of Cresa, signed an 11-year renewal for 3,252 square feet at 217 N. Jefferson. Philipsborn Company, LLC, a commercial real estate finance firm, was represented by Michael Pink of MAP Real Estate in a 2-year renewal for 2,028 square feet at 205 W. Randolph.
“During a time when many tenants are delaying their real estate decisions until the dust settles, it was refreshing to close so many transactions with an average term exceeding five years,” said DeMoss of his team’s continued success through this challenging economic climate.
Ryan Moen and John Millner, Managing Directors in the firm’s Suburban Agency Services practice, completed a new 7.5-year lease at 300–350 E. 22nd Street in Lombard, IL for Trifecta Transport, LLC; the transportation logistics company, represented by Aubrey Van Recken–Englund of NAI Hiffman, committed to 4,300 square feet in a relocation from Glen Ellyn, IL. Additionally, Moen completed The Von Heidecke School of Ballet’s relocation from Naperville, IL to Aurora, IL in a new 5-year lease at 4222 Meridian Parkway for 3,383 square feet.
Completing his first deal with Bradford Allen, Merrick Wells, Associate, completed a 3-year sublease at 410 N. Michigan Avenue for 1,895 square feet; Draftbit, a Chicago-based software development firm, was represented by NAREIM in the transaction.
“Jeff and I are very proud of everyone’s work ethic at Bradford Allen and thrilled that despite this extremely challenging time, our brokers are continuing to complete transactions and work hard on behalf of our clients,” 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.