leasing overview - loopnet · chad schroedl 312.756.7329 [email protected] scott maesel...
TRANSCRIPT
Chad Schroedl312.756.7329 [email protected]
Scott Maesel312.676.1860 [email protected]
Adam [email protected]
Offering Highlights
• Top floor loft office available
• Private rooftop deck
• Incredible Fulton Market location
• Steps from Morgan CTA Station - Green/Pink Line
• Located between Google’s Midwest HQ and new McDonald’s
Global HQ
• Surrounded by all the best restaurants and shopping
2
LEASING OVERVIEW
Offering Summary
Available Space: 2,155 RSF
Asking Rent: $30/SF MG
Zoning: C3-3
Sub-Market: Fulton Market
3
DN UP
DN UP
DN
DN
DN
UP
UP
OFFICE AREA
BEDROOM
BEDROOM
BEDROOM
BEDROOM
MECH
MECH
LAUNDRY
BREAK RMLIBRARY MECH
OpenTo
Below
1015-3E
1015-3W
22'-5" 22'-7" 24'-0" 23'-1"
16'-7"
12'-11"
13'-4"
12'-8" 9'-4"
11'-1"11'-2"
17'-1"
8'-7" 10'-6"
19'-7" 16'-2"
20'-6"8'-10"
5'-11"
14'-8"
37'-4"
30'-10"
11'-8"8'-8"
14'-7"
8'-10"
16'-1"
13'-8"
51'-10"48'-10"
7'-2"
6'-11"
18'-8"
73'-3"
5'-8"
25'-5" 22'-9"13'-10"
24'-0"
17'-2"
15'-0"
7'-9"
30'-0"
9'-4"
8'-0"
27'-8"
TERRACE
TERRACE TERRACE
TERRACE
KITCHEN
LIVING RM
DINING RM KITCHEN
KITCHEN
LIVING RM LIVING RM
15'-0"
DINING RM
WALK-INCLOSET
1019-31021-3
VOID
1019-3
SCALE
0 5 10 15 20
Survey Accuracy: +/- %0.14
Note: All dimensions shown are rounded to thenearest inch, for informational purposes only.All measurements are recorded to 1/8" accuracyas documented in the final CAD drawing supplied.
PREPARED FOR:1015-1021 West Lake Street LP2497 Yonge Street, 2nd FloorToronto, ON M4P 2H7Tel (406) 519-2112
http://www.speedwagonproperties.com
1015 - 1021 W. LAKECHICAGO, IL
TEL: (888) 393-6655FILE: 18-184
LASERTECH® is a registered US trademark of Lasertech® Floorplans Ltd.Copyright 1998 Lasertech® Floorplans Ltd., All Rights Reserved
*Measured Area represents the footprint of the floor, and is usedsolely for billing purposes. It is NOT to be used for leasing purposes.
FLOOR PLAN(As Measured: May 2018)THIRD FLOOR
*Measured Area: 10,544 s.f.
4
1019 W Lake Unit #3
Unit #3: 2,155 RSF
Asking Rent: $30/SF MG
Available: Immediately
FLOOR PLAN
--LAKE ST--
THIRD FLOOR
The West Loop is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country. Originally a mix of factories, meat markets, and wholesale produce outlets, the neighborhood has seen a major demographic shift over the last decade. The historic brick and timber loft buildings that define the neighborhood have largely been converted to other uses, including a mix of luxury condos, creative offices, art galleries, critically acclaimed restaurants, hotels, and retail boutiques.
The West Loop has evolved into a must-see destination for locals and visitors who want to eat well. With new restaurant concepts opening on almost a weekly basis, the area boasts everything from Michelin Star rated Blackbird, Elske, Smyth & The Loyalist and Sepia restaurants to more casual options like Green Street Smoked Meats, Shake Shack, Sweetgreen, Parlor Pizza, Federales, and Umami Burger. Other well-known dining options include Girl and the Goat, Au Cheval, Lena Brava, Aviary, Momotaro, City Winery, Publican and Avec.
The neighborhood’s international reputation continues to grow with the opening of Google’s new Midwest headquarters, McDonald’s Global headquarters, Soho House hotel, Nobu Restaurant and hotel, Hoxton hotel, the We Work co-working building, and the upcoming Punch Bowl Social and Ace Hotel. Other companies calling the West Loop home include Uber, LinkedIn, Twitter and Gogo Inflight Internet. High-end retailers are also recognizing the area’s potential with the recent additions of Anthropologie, Free People, Billy Reid and Maria Pinto.
Excellent public transportation options including Metra train access at Ogilvie and Union Station combined with one of the city’s newest CTA stations in almost a decade that opened at Morgan and Lake in 2012 will continue to attract businesses and residents alike, making the West Loop one of Chicago’s most exciting and desirable neighborhoods.
To learn more about the West Loop, visit our blog at: www.westloopreport.com.
MEDIAN AGEAVERAGE INCOMEPER HOUSEHOLD
ESTIMATED POPULATION
ESTIMATEDDAYTIME
POPULATION
33 $135,000
52,00094,000
*DEMOGRAPHIC SNAPSHOT DATA PROVIDED BY APPLIED GEOGRAPHIC SOLUTIONS & COSTAR GROUP
NEIGHBORHOODSNAPSHOT
845+
NEIGHBORHO0DHOTEL ROOMS
PERCENTAGE OF POPULATION WITHBACHELOR’S DEGREE
80%
92%
SUB-MARKETOCCUPANCY
SF UNDER CONSTRUCTION
1,700,000
2018 MICHELINRECOGNIZED
RESTAURANTS
15
TOTAL ANNUAL RETAIL GOODSEXPENDITURE
$570,000,000
1.6
AVERAGEHOUSEHOLD SIZE
PERCENTAGE OFPOPULATIONWALKING TO WORK
31%
TOTALBUSINESSES
4,128
PERCENTAGE OFPOPULATION WITH
WHITE COLLAR JOBS
90%
5
WEST LOOP DESCRIPTION
5
W Ohio St
tS
htebazilE
N
W Arbour Pl
tS a
dA
N
tS
htebazilE
N
tS a
dA
N
tS
po
orh
T N
tS
po
orh
T S
tS
htebazilE
N
W Rundell Pl
W Arcade Pl W Arcade Pl
W Arcade Pl
tS si
mo
oL N
W Washington Blvd W Washington Blvd
N G
reen
St
N G
reen
St
N U
nion
Ave
N U
nion Ave
N D
espl
aine
s St
N D
espl
aine
s St
N P
eoria
St
N P
eoria
St
N G
reen
St
N P
eoria
St
N S
anga
mon
St
N S
anga
mon
St
N C
arpe
nter
St
N S
anga
mon
St
N A
berd
een
St
N C
arpe
nter
St
N A
berd
een
St
N M
ay S
tN
May
St
N R
acin
e St
N R
acin
e St
N R
acin
e St
N W
illar
d C
t
W Hubbard StW Hubbard StW Hubbard St
W Carroll AveW Carroll Ave
W Carroll Ave
W Wayman St
W Kinzie StW Kinzie StW Kinzie St
W Ohio StW Ohio St
W Race Ave
N O
GD
EN A
VE
N KENNEDY EXPY
W RANDOLPH ST
W FULTON MARKET W FULTON MARKET
W GRAND AVEW GRAND AVE W GRAND AVE
W M
OR
GA
N S
TW
MO
RG
AN
ST
N H
ALS
TED
ST
N H
ALS
TED
ST
N MILWAUKEE AVE
W MADISON ST
W LAKE ST W LAKE ST
WARM BELLYBAKERY
DOGPARK
SWIFT& SONS
PICKENS KANE
MAZELMETALS
MACELLORISTORANTE
4STAR
CROWNEPLAZA
POOCHHOTEL
MERIT SCHOOLOF MUSIC
& GREEN
ADMMILLING
N
S
EW
Hotels
Industrial
Residential
FULTON MARKET MAP LEGEND
Planned
Divvy Station
CTA ‘L’ Station
Parking
Parks
954W1200 W
GATEWAY CAR WASH & AUTO SPA
Sterling Bay has attempted to verify the accuracy of the information contained herein, but makes no representations or warranties. 7/25/16
WORLD HQ
AU
CH
EVA
L
BA
D H
UN
TER
LA JO
SIE
GREEN STREETSMOKED MEATS
GID
EON
SW
EET
SUSH
I DO
KK
U
JP G
RA
ZIA
NO
JAIP
UR
TAN
OSH
II
MA
UD
E’S
GR
AN
GE
HA
LL
AN
THR
OP
OLO
GIE
FOR
NO
RO
SSO
PIZ
ZER
IA
HA
RV
EST
JUIC
ERY
WISHBONE
SUSH
I PIN
K
HM DAYSPA
VEG
GIE
GR
ILL
PO
RKC
HO
PU
MA
MI B
UR
GER
NIA
STU
B H
UB
BLVD
WEWORK
LA SARDINE
HER
O C
OFF
EE
BA
R
PUNCH BOWLSOCIAL
KU
MA
’S
THE
PU
BLI
CA
N
CA
SPER
CEM
ITA
SP
UEB
LA
GU
S’S
WO
RLD
FA
MO
US
FRIE
D C
HIC
KEN
FULTON MARKETKITCHEN
AES
OP
CITY MOUSE
COLD STORAGE
NEXTROISTER
ESCOBAR
THEMID
6
1019 West Lake
NOTABLE AREA TENANTS
1K FULTON• Located at 1000 W Fulton• Current home of Google’s Midwest HQ,
SRAM, The Mill Visual Effects and Sandbox Industries
• Retail consists of Swift & Sons Steakhouse and South Central Bank
• Estimated employee population of 2,500• 530,000 SF development, which Google
occupies approximately 360,000 SF• All 1K Fulton tenants signed long term
leases
RANDOLPH WEST• Located at 110 N Carpenter• Home of McDonald’s Global HQ• McDonald’s will occupy 485,000 SF• Development will house approximately
2,000 employees• Completed in April of 2018• McDonald’s signed a 15-year lease• McDonald’s vendors, including Coca-Cola
are expected to relocate to the Fulton Market neighborhood
THE GOOGLE EFFECT
THE MCDONALD’S EFFECT
7
GIRL & THE GOAT809 WEST RANDOLPH STREET
RESTAURANTSNOTABLE RESTAURANT TENANTS
1020 W Madison 619 W Randolph 802 W Randolph 832 W Randolph
820 W Lake 809 W Randolph 108 N Green 834 W Fulton
180 N Morgan 951 W Fulton 1000 W Fulton
123 N Jefferson 177 N Ada 845 W Washington
738 W Randolph 1350 W Randolph 661 W Walnut 925 W Randolph
Monteverde Blackbird Bad Hunter Bar Siena
Momotaro Girl & The Goat Parlor Pizza Bar Beatrix
Ronero Elske Oriole Formento’s
Sepia Smyth & The Loyalist El Che Bar
Federales Roister Swift & Sons
8
940 W Fulton 167 N Sangamon 118 N Peoria 823 W MadisonAesop Lululemon Local Notre Orangetheory Fitness
9LULULEMON LOCAL167 NORTH SANGAMON STREET
RETAILNOTABLE RETAIL TENANTS
845 W Randolph 773 W Adams 16 S Halsted 40 S Halsted
1000 W Randolph 1 N Madison 175 N Halsted
725 W Randolph 1101 W Randolph 833 W Washington
832 W Randolph 1144 W Randolph 1101 W Jackson 123 N Randolph
Anthropologie Whole Foods CycleBar
Billy Reid Pilates Pro Works Ulta Beauty Mariano’s
Equinox Free People M2057 By Maria Pinto
Punch Bowl Social Art & Science Salon Target 100 S Morgan
311 N MorganAce Hotel
118 N JeffersonHampton Inn
725 W RandolphEquinox Hotel
108 N MayThe Publishing House
113 N May
10SOHO HOUSE CHICAGO113 NORTH GREEN STREET
HOTELSNOTABLE HOTELS
844 W Lake 113 N Green 854 W RandolphThe Hoxton Hotel Soho House Chicago Nobu Hotel Chicago
Hyatt Hotel118 N JeffersonHomewood Suites
733 W MadisonCrowne Plaza Hotel
11FULTON WEST1330 WEST FULTON MARKET
OFFICENOTABLE OFFICE TENANTS
Twitter Morton Salt Wework Zurich
Glassdoor Hyatt Skender Construction Motorolla
Pepsico Dyson DLA Piper
Hillshire Brands SRAM Gogo Inflight Internet
Boeing TransUnion Allstate SC Johnson
16,000 SF 52,000 SF 125,000 SF 108,000 SF
413,000 SF 40,000 SF 175,000 SF
51,000 SF 250,000 SF 40,000 SF 604,000 SF
230,000 SF 75,000 SF 263,000 SF
600,000 SF 246,000 SF 15,000 SF 280,000 SF
SVN Chicago Commercial 940 West Adams Street, 2nd Floor
Chicago, Illinois 60607
www.svnchicago.com
All SVN® Offices Independently Owned & Operated.
The information listed in this brochure has been obtained from sources we believe to be reliable, however we accept no
responsibility for its correctness.
Chad Schroedl312.756.7329 [email protected]
Scott Maesel312.676.1860 [email protected]
Adam [email protected]