leasing overview - loopnet · leasing overview leasing summary available space: 6,867 rsf minimum...
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Leasing Highlights
• Excellent Corner West Loop Location with wraparound windows and high ceilings
• Located two blocks from Ogilvie Transportation Center & Clinton CTA Station
• On-site parking available
• Move-in ready spaces with kitchenette and restrooms
• Full floor 3,400 RSF floorplates with direct elevator access
• Shorter-term occupancy available
• Two blocks from Randolph Street’s Restaurant Row
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LEASING OVERVIEW
Leasing Summary
Available Space: 6,867 RSF
Minimum Divisible: 3,400 RSF
Asking Rent: $27/SF MG
Floors: 2nd and 3rd
Date Available: 2nd-8/15 3rd-9/1
Sub-Market: West Loop
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Suite 200 Overview
Suite 200: 3,431 RSF
Asking Rent: $27/SF MG
Condition: Move-In
Available: 8/15/2018
SUITE 200FLOOR PLAN
* Floor plans not to scale
Suite 300 Overview
Suite 300: 3,436 RSF
Asking Rent: $27/SF MG
Condition: Move-In
Available: 9/1/2018
SUITE 300FLOOR PLAN
* Floor plans not to scale
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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, 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%
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WEST LOOP DESCRIPTION
Image NOAA
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AVERAGE INCOMEPER HOUSEHOLD
57
PROPERTY AERIAL
Image NOAA
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CHICAGO LOOP
RIVER NORTH
UNIONSTATION
OGILVIETRANSPORTATION
CENTER
OH
IO FEED
ER
FULTON MARKET
DISTRICT
RANDOLPH RESTAURANT ROW
601 West Randolph
CLINTON
CHICAGO HQ
MORGAN
WORLD HQ
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Multiple locations 615 W Randolph 619 W Randolph 24 S Clinton
8LULULEMON LOCAL167 NORTH SANGAMON STREET
RETAILNOTABLE RETAIL TENANTS
Multiple locations 444 W Jackson 555 W Monroe 444 W Lake
525 W Monroe 564 W Randolph Multiple locations
28 S Clinton Multiple Locations 120 S Riverside
Multiple Locations 621 W Randolph 123 N Jefferson 225 S Canal
565 W Randolph
564 W Randolph
9FULTON WEST1330 WEST FULTON MARKET
OFFICENOTABLE OFFICE TENANTS
Twitter Morton Salt Tyson CDW
Orbitz The Pritzker Organization Uber Motorolla
Pepsico DRW DLA Piper
Hillshire Brands CME Group Gogo Inflight Internet
Boeing TransUnion Allstate SC Johnson
111 N Canal 444 W Lake 400 S Jefferson 120 S Riverside
555 W Monroe 540 W Madison 444 W Lake
500 W Madison 444 W Lake 111 N Canal 500 W Monroe
400 S Jefferson 550 W Washington 111 N Canal
100 N Riverside 555 W Adams 444 W Lake 550 W Washington
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]
Adam [email protected]