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Chad Schroedl 312.756.7329 [email protected] Adam Thomas 847.219.6383 [email protected] --Click here for virtual tour--
Offering Highlights
• Located on Fulton Market’s most premier corner
• 1 Block from CTA Morgan Station
• Across the street from Google’s Midwest HQ
• 3 Blocks from McDonald’s Global HQ
• Adjacent to new Ace Hotel
• Surrounded by Michelin rated restaurants
Offering Summary
Space Size 951-2: 2,072 RSF953-2: 2,270 RSF955-2: 2,146 RSF
Asking Rent: $29.50/SF Gross
Floor: 2nd
Sub-market: Fulton Market
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LEASING OVERVIEW
3
Offering Overview951-2: 2,072 RSFAsking Rent: $29.50/SF GrossAvailable: Immediately
953-2: 2,270 RSFAsking Rent: $29.50/SF GrossAvailable: 2/1/19
955-2: 2,146 RSFAsking Rent: $29.50/SF GrossAvailable: 2/1/19
SECOND FLOORFLOOR PLAN
951-2Available Now:
2,072 RSF
FULTON MARKET
MO
RG
AN
STREET
953-2Available 2/1/19:
2,270 RSF
955-2Available 2/1/19:
2,146 RSF
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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, 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%
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WEST LOOP DESCRIPTION
5
W Ohio St
tS
htebazilE
N
W Arbour Pl
tS a
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N
tS
htebazilE
N
tS a
dA
N
tS
po
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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
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BA
D H
UN
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LA JO
SIE
GREEN STREETSMOKED MEATS
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SW
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SUSH
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WISHBONE
SUSH
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VEG
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GR
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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
945-955 W FULTON
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
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Chad Schroedl312.756.7329 [email protected]
Adam [email protected]
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.
