Bradford Allen Realty Services

What Bradford Allen Realty Services does

Bradford Allen Realty Services is a privately held, vertically integrated commercial real estate firm headquartered in Chicago, Illinois, founded in 2003 by Jeffrey Bernstein and Laurence Elbaum. The firm operates across multiple U.S. markets, including Chicago (headquarters at 300 S. Wacker Drive), New York, Florida (St. Petersburg), Tennessee (Nashville), Indiana (Fishers), and select suburban Chicago submarkets, with international reach through affiliation with TCN Worldwide. Bradford Allen employs between 101 and 250 staff, including a team of brokers, a proprietary research group led by Neil Bouhan, and operational leadership across brokerage, property management, hospitality, and development.

The company's core products and services comprise five integrated lines: Landlord Representation, Tenant Representation, Property Management, Consulting & Advisory Services, and Project Management. Underlying these services is a proprietary market research platform that produces quarterly Chicago CBD and suburban office market reports — covering absorption, vacancy, asking rates, and sublease inventory — using CoStar as the primary data feed. Bradford Allen also directly owns and operates real estate assets, including the 560,000-SF Tri State Lincolnshire office complex in Lincolnshire, Illinois (acquired 2017, with $30M+ reinvested), Edens Corporate Center in Northbrook, a hospitality portfolio of 8 hotels and 1,100+ keys, and a multifamily development pipeline comprising the recently opened 301-unit Arbor House in Arlington Heights and the 373-unit 275 5th Street project under construction in St. Petersburg, Florida.

The business model is a hybrid of transaction-based brokerage commissions (office, retail, and hospitality leases and sales ranging from 3,000-SF suites to large corporate relocations), recurring property management fees on owned and third-party assets, professional services consulting fees, and direct real estate investment returns (rental income, hospitality NOI, development equity). Customers are diversified across corporate occupiers (law firms, financial institutions, healthcare, technology), property owners and investors, retail landlords and brands, hospitality operators, not-for-profit organizations, and small/entrepreneurial businesses. Go-to-market is direct enterprise field sales through Bradford Allen's own broker network, supplemented by content marketing (quarterly market reports, podcasts, webinars) and TCN Worldwide channel partnerships. No revenue is publicly disclosed and no external funding rounds have been recorded.

Name

Bradford Allen Realty Services

Legal name

BAIHP Holding Company LLC

Website

https://bradfordallen.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Nonresidential Property Managers (531312), Residential Property Managers (531311), Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (53121)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Operators Of Apartment Buildings (6513), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

akta.pro secondary industries

Real Estate Tenant Representation (FSAEAJAF), Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Multifamily (Apartment) Property Management (BPAJAGAD), Industrial & Logistics Real Estate Asset Management (BPAJAMAC)

Keywords

• Commercial real estate brokerage
• Tenant representation
• Landlord representation
• Property management
• Real estate advisory

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Brokerage Commissions: The firm earns commission-based revenue from representing landlords and tenants in commercial real estate transactions, including office, retail, and hospitality leases and sales. Transactions range from small 3,000-5,000 SF deals to large corporate relocations.
2. Property Management: Bradford Allen provides property management services for commercial office properties, including Edens Corporate Center and Tri State Lincolnshire. The firm owns, operates, and manages properties in suburban Chicago markets.
3. Consulting & Advisory Services: Strategy, marketing, and transaction execution services for occupiers, investors, and owners of commercial real estate.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Bradford Allen is a vertically integrated commercial real estate firm providing brokerage and advisory services—landlord and tenant representation, property management, consulting, and project management—alongside direct property ownership, investment, and development across office, retail, and hospitality sectors in multiple U.S. markets.

Product overview

Bradford Allen is a vertically integrated commercial real estate services firm offering a unified platform of brokerage and advisory services. The core offerings include Landlord Representation, Tenant Representation, Property Management, Consulting & Advisory Services, and Project Management. The firm supplements its transactional services with proprietary research products including Market Research Reports (quarterly CBD and suburban Chicago office market reports), the CRE Office Pulse thought leadership series, Podcasts, and Webinars. Founded in 2003, the firm serves entrepreneurial, corporate, and not-for-profit clients across multiple U.S. markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Landlord Representation Brokerage services representing commercial property owners in leasing their real estate assets to tenants.
• Tenant Representation Brokerage services helping businesses find, lease, renew, and negotiate commercial office space.
• Property Management Building operations and management services for commercial office properties, including owned and operated complexes such as Edens Corporate Center and Tri State Lincolnshire.
• Consulting & Advisory Services Strategic real estate advisory including strategy, marketing, and transaction execution for occupiers, investors, and owners of commercial real estate.
• Project Management Program and project management services for commercial real estate projects and developments.
• Market Research Reports Quarterly and annual market reports analyzing Chicago CBD and suburban office market trends including vacancy rates, absorption, rental rates, and leasing activity.
• Arbor House Apartments A luxury apartment community in Arlington Heights, Illinois—an eight-story, 301-unit property anchoring an 18-acre mixed-use district at the village's southern gateway.

Quantifiable outcome

• Edens Corporate Center pushed past 90% leased with 27,000+ SF of leasing activity
• +1 more outcomes

Named customers14 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

Five partnerships are on record, tiered core, strategic and minor.

• TCN WorldwidecoreChannel Partner/ Reseller/ DistributorBradford Allen is affiliated with TCN Worldwide, a global commercial real estate services organization. The partnership provides access to an international network of CRE professionals and expands the firm's reach beyond its direct office locations.
• Focus (Development Partner)strategicStrategic or Co-development PartnerJoint development partnership with Focus for the 275 5th Street mixed-use development in St. Petersburg, Florida. The 24-story, Class A multifamily property is scheduled for completion in 2028.
• ColliersminorOthersThird-party broker representation on tenant side. John Arends of Colliers represented Hoopis Performance Network in its transaction at Edens Corporate Center.
• JLLminorOthersThird-party broker representation on tenant side. Chris Cummins of JLL represented Blue Chip in its transaction at Edens Corporate Center.
• CoStarcoreTechnology or IntegrationCoStar is the primary data provider for Bradford Allen's research team, supplying market data for quarterly office market reports covering Chicago CBD and suburban markets. The firm relies on CoStar data for absorption, vacancy, and sublease inventory analysis.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• CBRE Group: Largest global commercial real estate services firm, offering brokerage, property management, valuation, and investment sales across all asset classes. Directly comparable as a full-service CRE platform competing for many of the same landlord/tenant mandates, but at vastly larger scale (tens of thousands of employees, public company).
• Cushman & Wakefield: Global commercial real estate services firm providing agency leasing, tenant representation, property management, and valuation. Comparable as a full-service competitor for Bradford Allen's brokerage business and a known talent source (Bradford Allen hired Mitzi Flexer from C&W; associates Lauryn Sussman and Nathan Meisner have C&W backgrounds).
• Colliers International: Global CRE services and investment management firm with strong office agency leasing and tenant representation. Comparable in office leasing franchise and is a transaction counterparty in Bradford Allen-owned buildings (Colliers represented Hoopis Performance Network at Edens).
• JLL (Jones Lang LaSalle): Global CRE services and investment management firm with deep office brokerage, property management, and capital markets practices. Comparable across all Bradford Allen service lines; a frequent transaction counterparty (JLL brokers represented Blue Chip at Edens Corporate Center).
• Newmark Group: Public CRE services firm focused on office leasing, capital markets, and investment sales across the U.S. Comparable as a competing office-focused agency leasing and tenant rep platform, particularly in major markets like New York.
• Marcus & Millichap: Public CRE investment sales and financing firm with national investment property brokerage. Comparable as a competitor for commercial investment sales transactions and a frequent counterparty in property dispositions for owners/investors Bradford Allen represents.

Direct peers

• NAI Global: Global CRE services network of independent brokerages offering brokerage, property management, and corporate services. Comparable network-affiliated model to Bradford Allen's TCN Worldwide partnership, serving similar mid-market occupier and investor clients.
• Transwestern: Privately held national CRE services firm offering agency leasing, tenant representation, property management, and investment services. Comparable in scope and culture to Bradford Allen (Miles Kozlowski interned at Transwestern), competing for similar landlord mandates in Chicago and other major markets.
• Stream Realty Partners: Privately held, national CRE services firm with integrated office, industrial, retail, and investment practices. Comparable vertically integrated mid-market CRE platform (Miles Kozlowski interned at Stream); competes for similar office tenant rep and agency leasing mandates.
• Avison Young: Privately held, employee-owned global CRE services firm with integrated brokerage, property management, and project management. Most structurally similar peer to Bradford Allen — comparable size, employee-ownership model, vertically integrated service offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bradfordallen
• LinkedInlinkedin.com/company/79594
• Facebookfacebook.com/bradfordallenrealtyservices

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bradford Allen Realty Services