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Chad Schroedl 312.756.7329 [email protected] Scott Maesel 312.676.1860 [email protected] Adam Thomas 847.219.6383 [email protected]

LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 [email protected] Scott Maesel 312.676.1860 [email protected] Adam Thomas 847.219.6383 [email protected]

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Page 1: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

Chad Schroedl312.756.7329 [email protected]

Scott Maesel312.676.1860 [email protected]

Adam [email protected]

Page 2: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 3: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

3

Page 4: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 5: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 6: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 7: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 8: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 9: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 10: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 11: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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

Page 12: LEASING OVERVIEW - LoopNet · Chad Schroedl 312.756.7329 chad.schroedl@svn.com Scott Maesel 312.676.1860 scott.maesel@svn.com Adam Thomas 847.219.6383 adam.thomas@svn.com

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]