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MidwestCRE

Bradford Allen hired to lease East-West Corridor office buildings

Staff Writer April 5, 2017
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Bradford Allen has been hired as the exclusive leasing agent for two new suburban properties, 360 E. 22nd St. in Lombard and 400 E. Diehl Road in Naperville.  A team led by Directors John Millner and Allison Reynolds will handle both assignments.  The duo will be responsible for providing the full range of marketing and leasing services.

Located near the intersection of Highland Avenue and East 22nd Street, 360 E. 22nd St. is a 111,000-square-foot state-of-the-art data center and disaster recovery facility.  The “low latent” property recently underwent a multi-million dollar renovation, and offers two 1,200 AMP feeds from two separate electrical grids and has multiple fiber providers in the building.   The building has approximately 20,000 square feet of office/data center space available, comprising the entire third floor.  The property is owned by the Levy Organization.

400 E. Diehl Road, known as Naperville Financial Center, is a 58,000-square-foot Class A building located just south of I-88 near I-355 & downtown Naperville.   The property was purchased by Madison-based Sara Investments Real Estate earlier this year.  The ownership entity owns and operates more than 40 properties throughout Wisconsin and Minnesota.  400 E. Diehl Road is their first investment in Illinois.  Currently 100 percent leased, the property will have 6,000 square feet available in January 2014.

“We are delighted to expand our agency leasing portfolio with the addition of 360 E. 22nd St. and 400 E. Diehl Road,” said Jeffrey Bernstein, Bradford Allen principal and co-founder. “Our suburban agency practice continues to grow and our team delivers aggressive and insightful property marketing efforts that produce significant results for our suburban owner and investor clients.”

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