immediate area aerial - loopnet...scott maesel 312.676.1860 [email protected] drew dillon...
TRANSCRIPT
2
WA
SHIN
GTO
N B
LVD
MORGAN ST
IMMEDIATE AREA AERIAL
RANDOLPH ST
MADISON ST
TABLE OF CONTENTS
Offering Overview... Page 4
Property Photos... Page 5
Property Survey... Page 6
Floor Plans... Page 8
Zoning Information... Page 9
Location Description... Page 10
Area Map... Page 11
The Google & McDonald’s Effect... Page 12
Development Watch Map... Page 13
Development Watch Descriptions... Page 14
West Loop Notable Tenants... Page 16
3
MADISON ST
Offering Highlights
• Excellent Fulton Market location on Morgan between Randolph and
Madison
• Across the street from newly announced Garcia’s Jazz Bar & Restaurant
• 2 Blocks from Google’s Midwest HQ & 1 block from McDonald’s Global HQ
• Currently fully leased with upside through future lease up
• Property is agent owned
4
OFFERING OVERVIEW
Offering Overview
Price: $1,130,000
Total SF: 1,852
NOI: $68,339
Cap Rate: 6.0%
Sub-Market: West Loop
Ward/Alderman: 27/Burnett
GARCIA’SJAZZ CLUB
5
6
33 NORTH MORGAN SURVEY
7
37 NORTH MORGAN SURVEY
8
FLOOR PLANS
Up
Copyright © 2014. www.bestfloorplans.com - Floorplans are approximate and for marketing purposes only33 NORTH MORGAN STREET – COMMERCIAL UNIT & GARAGE
Up
Garage19' X 25'
Commercial Space18' X 44'
EntryHall
4' X 26'
1'-8"
2'-2"
1
1
1
1
11
1
1
Window
Schedule
No.
Dimensions
a3'-2" x 7'-6"
b2'-8" x 7'-6"
c3'-4" x 4'-10"
d3'-2" x 8'-4"
e2'-8" x 8'-4"
f2'-6" x 4'-8"
g2'-2" x 7'-10"
Door S
cheduleN
o.Dim
ensions1
3'-0" x 6'-8" x 1.75"2
2'-8" x 6'-8" x 1.25"3
2'-6" x 6'-8" x 1.25"4
3'-6" x 6'-8" x 1.25"5
4'-0" x 6'-8" x 1.25"6
2'04" x 6'-8" x 1.25"7
5'-4" x 6'-6" x 1.75"8
6'-0" x 6'-8" x 1.75"9
5'-8" x 7'-10" x 1.75"10
4'-2" x 7'-10" x 1.75"
SQUARE FO
OTAGE BREAKDO
WN
LevelsCom
mercial
926#1
1422#2
1454#3
1939Calculations
Exterior Gross Area
5741Construction Gross Area
6914Garage
466Gross Area Draw
n8300
Base Linear Feet1303
Ceiling H
eights
Comm
ercial11'-6"
#19'-1"
#29'-1"
#39'-1" (19'-11" Living Room
)Notes
Exterior Gross Area = BO
MA's equivalent to w
hat we
call "livable" or enclosed and covered area.Construction G
ross Area = "Livable" space + any attached unenclosed areas.N
ote: Garage/Parking space (if any) is listed separately from
both totals if unattached.
+ attached garages.
Up
Copyright © 2014. www.bestfloorplans.com - Floorplans are approximate and for marketing purposes only33 NORTH MORGAN STREET – COMMERCIAL UNIT & GARAGE
Up
Garage19' X 25'
Commercial Space18' X 44'
EntryHall
4' X 26'
1'-8"
2'-2"
1
1
1
1
11
1
1
Window Schedule
No.
Dimensions
a
3'-2" x 7'-6"
b
2'-8" x 7'-6"
c
3'-4" x 4'-10"
d
3'-2" x 8'-4"
e
2'-8" x 8'-4"
f
2'-6" x 4'-8"
g
2'-2" x 7'-10"
Door Schedule
No.
Dimensions
1
3'-0" x 6'-8" x 1.75"
2
2'-8" x 6'-8" x 1.25"
3
2'-6" x 6'-8" x 1.25"
4
3'-6" x 6'-8" x 1.25"
5
4'-0" x 6'-8" x 1.25"
6
2'04" x 6'-8" x 1.25"
7
5'-4" x 6'-6" x 1.75"
8
6'-0" x 6'-8" x 1.75"
9
5'-8" x 7'-10" x 1.75"
10
4'-2" x 7'-10" x 1.75"
SQUARE FOOTAGE BREAKDOWN
Levels
Commercial
926
#1
1422
#2
1454
#3
1939
Calculations
Exterior Gross Area
5741
Construction Gross Area
6914
Garage
466
Gross Area Drawn
8300
Base Linear Feet
1303
Ceiling Heights
Commercial
11'-6"
#1
9'-1"
#2
9'-1"
#3
9'-1" (19'-11" Living Room)
Notes
Exterior Gross Area = BOMA's equivalent to what we
call "livable" or enclosed and covered area.
Construction Gross Area = "Livable" space + any
attached unenclosed areas.
Note: Garage/Parking space (if any) is listed separately
from both totals if unattached.
+ attached garages.
*Plans not to scale
37 N MORGAN
33 N MORGAN
CommercialSpace
Garage
Entry Hall
CommercialSpace Garage
Entry Hall
9
According to the City of Chicago, 33-37 N Morgan has an existing DX-3 zoning designation, which indicates the following:
Zoning District Title:The zoning district classifies this property as “Downtown high-rises - offices or apartments - with ground-floor stores. Prevalent on the edges of Loop: east of Dearborn Ave, in River North, the South Loop, and the West Loop..”
ZONING SUMMARY
The West Loop/Fulton Market is Chicago’s former warehouse district and is among the most rapidly developing neighborhoods in the country and recently ranked by TimeOut as one of the top 20 coolest neighborhoods in the world. 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 area 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, Roister, Oriole, Smyth & The Loyalist and Sepia restaurants to more casual options like Green Street Smoked Meats, Shake Shack, Sweetgreen, Parlor Pizza, Federales, Nando’s and Roti. Other well-known dining options include Girl and the Goat, Little Goat, Monteverde, Beatrix, Swift and Sons, Au Cheval, Lena Brava, Aviary, Momotaro, City Winery, Publican and Avec.
The neighborhood’s international reputation continues to grow with the expansion of Google’s Midwest headquarters, and the opening of 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, Ernst & Young, WPP, LinkedIn and Twitter. High-end retailers are also recognizing the area’s potential with the recent additions of Anthropologie, Free People, Billy Reid, Aesop and Blue Mercury.
Excellent public transportation options including Metra train access at Ogilvie and UnionStation combined with one of the city’s newest CTA stations with an annual ridership of almost 1 million passengers yearly. The Morgan and Lake station 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%
10
AREA DESCRIPTION
AVERAGE INCOMEPER HOUSEHOLD
5
GRAND
HUBBARD
KINZIE
CARROLL
FULTON
LAKE
RANDOLPH
WASHINGTON
MADISON
MONROE
ADAMS
JACKSON
VAN BUREN
OGDEN
AD
A
ELIZ
AB
ETH
RA
CIN
E
MA
Y
AB
ERD
EEN
CA
RP
ENTE
R
MO
RG
AN
SAN
GA
MO
N
PEO
RIA
GR
EEN
HA
LSTE
D
DES
PLA
INES
JEFF
ERSO
N
CLI
NTO
N
CA
NA
L
VAN BUREN
JACKSON
VAN BUREN
JACKSON
ADAMS ADAMS
MONROE MONROE
MADISON MADISON
WASHINGTON WASHINGTON
RANDOLPH RANDOLPH
LAKE
FULTON FULTON
CARROLL
KINZIE KINZIE
GRAND GRAND
OG
DEN
HUBBARD HUBBARD
WAYMAN WAYMAN
MILW
AUKEE
MILWAUKEE
KINZIE
ARBOUR
HA
LSTE
DH
ALS
TED
GR
EEN
PEO
RIA
SAN
GA
MO
N
MO
RG
AN
MO
RG
AN
CA
RP
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R
AB
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AB
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AB
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AD
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CA
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JEFF
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DES
PLA
INES
DES
PLA
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UN
ION
UN
ION
SKINNER PARKMARY
BARTELMEPARK
UNION PARK
HERITAGEGREENPARK
FULTONRIVERPARK
WORLD HQ
FOR
NO
RO
SSO
PIZ
ZER
IA
AN
THR
OP
OLO
GIE
LA SARDINE
COLD STORAGE
CITY MOUSE
AES
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SMYTH &THE LOYALIST
BLUE PLATE
GYU-KAKUWES
T LO
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ATH
LETI
C C
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PET CAREPLUS
BAD AXETHROWING
FREE PEOPLE
HA
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PUNCH BOWLSOCIAL
KU
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THE
PU
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CA
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CEMITASPUEBLA
CITY WINERY
COREPOWERYOGA
VCA ANIMALCARE CENTER
SHAKESHACK
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AM
BR
A
PALA
CE
REVELFULTON MARKET
BARTAKITO
UM
AM
I BU
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BOUTIQUE BITES
OGDEN AUTOMOTIVE
CENTER
FULTONFIT HOUSE
LYON &HEALY HARPS
THE PRESSROOM
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THEATER
SKINNER WESTELEMENTARY
HUBBARD STREETDANCE
SHER
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MS
WHITNEY M YOUNGMAGNET HIGH SCHOOL
WISE OWLDRINKERY
GROUND UP COFFEE
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CHICAGO POLICETRAINING DIVISION
SOUL CITY CHURCH
JC LICHTTRUE VALUE
M2CAFE
MELICAFE 9 MUSES
ARTROPOLISBAKERY
MR GREEKGYROS
ATHENA ARKADIAWEST LOOP
PILATESPRO WORKS
SANTORINIDUGAN’S
SQUARE ROOTSKITCHEN
FIFTH THIRDBANK
SUPERCUTS
MOMOTARO
LIMITLESS
PAGODARED
GREEN STREETLOCAL
MERIT SCHOOL OF
MUSIC
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HE
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R
G2SALON
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NEY
GU
N
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OGILVIETRANSPORTATION
CENTER
MADISONTAVERN
BLACKWOOD BBQ
NAF NAF GRILL
HASTEDSTREET DELI
IDOF
UNION STATION
LOU
M
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HEL
L’S
BLACKIES
TITLEBOXING
RICHARD’S BAR
D’A
MA
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BA
KER
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BLI
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ME
NORTHWESTERNIMMEDIATE CARE
POLITAN ROWFOOD HALL
TIME OUT MARKET CHICAGO
TRAMMELCROWOFFICE
11
NOTABLE AREA TENANTS
33-37 N. Morgan
1K FULTON +210 N CARPENTER
• Located at 1000 W Fulton & 210 N Carpenter
• Current homes of Google’s Midwest HQ
• Estimated total Google employee
population of 2,000
• Google occupies approximately 366,000 SF
at 1K Fulton and an additional 100,000 SF at
210 N Carpenter
RANDOLPH WEST• Located at 110 N Carpenter
• Home of McDonald’s Global HQ
• McDonald’s occupies 485,000 SF
• Estimated employee population of 2,000
THE GOOGLE EFFECT
THE MCDONALD’S EFFECT
12
1K FULTON 210 N CARPENTER
110 N CARPENTER
GRAND
HUBBARD
KINZIE
CARROLL
FULTON
LAKE
RANDOLPH
WASHINGTON
MADISON
MONROE
ADAMS
JACKSON
VAN BUREN
OGDEN
ADA
ELIZ
ABET
H
RACI
NE
MAY
ABER
DEE
N
CARP
ENTE
R
MO
RGAN
SAN
GAM
ON
PEO
RIA
GRE
EN
HAL
STED
DES
PLA
INES
JEFF
ERSO
N
CLIN
TON
CAN
AL
VAN BUREN
JACKSON
VAN BUREN
JACKSON
ADAMS ADAMS
MONROE MONROE
MADISON MADISON
WASHINGTON WASHINGTON
RANDOLPH RANDOLPH
LAKE
FULTON FULTON
CARROLL
KINZIE KINZIE
GRAND GRAND
OGDE
N
HUBBARD HUBBARD
WAYMAN WAYMAN
MILWAUKEE
MILWAUKEE
KINZIE
ARBOUR
HAL
STED
HAL
STED
GRE
EN
PEO
RIA
SAN
GAM
ON
MO
RGAN
MO
RGAN
CARP
ENTE
R
ABER
DEE
NAB
ERD
EEN
MAY
RACI
NE
RACI
NE
WIL
LARD
ELIZ
ABET
H
ADA
THRO
OP
THRO
OP
LOO
MIS
LOO
MIS
NO
BLE
LAFL
INLA
FLIN
JUST
INE
CAN
AL
CLIN
TON
JEFF
ERSO
NJE
FFER
SON
DES
PLA
INES
DES
PLA
INES
UN
ION
UN
ION
SKINNER PARKMARY
BARTELMEPARK
UNION PARK
HERITAGEGREENPARK
FULTONRIVERPARK
34
5
6
7
8
9
10
11
12
13
14
15 1617
18
19
2021
22
23
24
25
26
27
28
29
30
31
3233
34
3536
37
38
39
40
1
2
13
DEVELOPMENT WATCH40 MOST NOTABLE WEST LOOP DEVELOPMENTS
33-37 N. Morgan
1Address: 1375 W Fulton Status: ProposedDeveloper: Trammell CrowProject: OfficeSize: 315,000 SF
2Address: 845 W MadisonStatus: ConstructionDeveloper: John Buck Co.Project: ApartmentsUnit Count: 586 Units
3Address: 200 N GreenStatus: ConstructionDeveloper: Shapack PartnersProject: Hoxton HotelUnit Count: 175 Rooms
4Address: 210 N CarpenterStatus: ConstructionDeveloper: Sterling BayProject: Vendor VillageSize: 218,000 SF
5Address: 727 W MadisonStatus: ConstructionDeveloper: Fifield Co. | F&F RealtyProject: ApartmentsUnit Count: 492 Units
16Address: 170 N PeoriaStatus: ProposedDeveloper: Tucker DevelopmentProject: ApartmentsUnit Count: 300 Units
17Address: 845 W LakeStatus: ApprovedDeveloper: Bridgeford FoodsProject: ApartmentsUnit Count: 322 Units
18Address: 846 W RandolphStatus: ConstructionDeveloper: RCD ResortsProject: Nobu HotelUnit Count: 119 Rooms
19Address: 375 N MorganStatus: ProposedDeveloper: Fred Latsko Co.Project: OfficeSize: 175,000 SF
20Address: 166 N AberdeenStatus: ProposedDeveloper: MCZ DevelopmentProject: ApartmentsUnit Count: 235 Units
6Address: 110 N MayStatus: ProposedDeveloper: Sterling BayProject: Hyatt HotelUnit Count: 200 Rooms
7Address: 801 W LakeStatus: ProposedDeveloper: Shapack PartnersProject: OfficeSize: 725,000 SF
8Address: 1115 W WashingtonStatus: ConstructionDeveloper: Peerless REProject: CondosUnit Count: 56 Units
9Address: 725 W RandolphStatus: ConstructionDeveloper: Related MidwestProject: Equinox Mixed-UseEquinox Gym | 20 Units | 145 Rooms
10Address: 935 W WashingtonStatus: ProposedDeveloper: ZOM Mid-Atlantic | Verde
Project: ApartmentsSize: 405 Units
11Address: 801 W FultonStatus: ConstructionDeveloper: Shapack PartnersProject: OfficeSize: 70,000 SF
12Address: 1032 W FultonStatus: ProposedDeveloper: Summit Design + BuildProject: OfficeSize: 22,000 SF
13Address: 1050 & 1125 W Van Buren
Status: ProposedDeveloper: Tandem DevelopmentProject: ApartmentsUnit Count: 343 Units
14Address: 215 N PeoriaStatus: ProposedDeveloper: Shapack PartnersProject: OfficeSize: 120,000 SF
15Address: 171 N AberdeenStatus: ConstructionDeveloper: MCZ DevelopmentProject: Mixed-UseRetail | 40,000 SF Office | 75 Units
DEVELOPMENT WATCHGRAND
HUBBARD
KINZIE
CARROLL
FULTON
LAKE
RANDOLPH
WASHINGTON
MADISON
MONROE
ADAMS
JACKSON
VAN BUREN
OGDEN
AD
A
ELIZ
AB
ETH
RA
CIN
E
MAY
AB
ERD
EEN
CA
RP
ENTE
R
MO
RG
AN
SAN
GA
MO
N
PEO
RIA
GR
EEN
HA
LSTE
D
DES
PLA
INES
JEFF
ERSO
N
CLI
NTO
N
CA
NA
L
VAN BUREN
JACKSON
VAN BUREN
JACKSON
ADAMS ADAMS
MONROE MONROE
MADISON MADISON
WASHINGTON WASHINGTON
RANDOLPH RANDOLPH
LAKE
FULTON FULTON
CARROLL
KINZIE KINZIE
GRAND GRAND
OGD
EN
HUBBARD HUBBARD
WAYMAN WAYMAN
MILW
AUKEE
MILWAUKEE
KINZIE
ARBOUR
HA
LSTE
DH
ALS
TED
GR
EEN
PEO
RIA
SAN
GA
MO
N
MO
RG
AN
MO
RG
AN
CA
RP
ENTE
R
AB
ERD
EEN
AB
ERD
EEN
MAY
RA
CIN
E
RA
CIN
E
WIL
LAR
D
ELIZ
AB
ETH
AD
A
THR
OO
PTH
RO
OP
LOO
MIS
LOO
MIS
NO
BLE
LAFL
INLA
FLIN
JUST
INE
CA
NA
L
CLI
NTO
N
JEFF
ERSO
NJE
FFER
SON
DES
PLA
INES
DES
PLA
INES
UN
ION
UN
ION
SKINNER PARKMARY
BARTELMEPARK
UNION PARK
HERITAGEGREENPARK
FULTONRIVERPARK
34
5
6
7
8
9
10
11
12
13
14
15 1617
18
19
2021
22
23
24
25
26
27
28
29
30
31
3233
34
3536
37
38
39
40
1
2
40 MOST NOTABLE WEST LOOP DEVELOPMENTS
14*Data provided by CoStar, Crain’s, Bisnow & Curbed
21Address: 1201 W LakeStatus: ConstructionDeveloper: McCaffery InterestsProject: OfficeSize: 132,000 SF
22Address: 330 N GreenStatus: ProposedDeveloper: Sterling BayProject: Mixed-UseMovie Theatre | 19-Story Office | 21-Story Office
23Address: 820 W FultonStatus: ApprovedDeveloper: Thor EquitiesProject: OfficeSize: 70,000 SF
24Address: 939 W FultonStatus: ConstructionDeveloper: Madison CapitalProject: OfficeSize: 50,000 SF
25Address: 926 W FultonStatus: ConstructionDeveloper: L3 CapitalProject: Time Out Food HallSize: 30,000 SF
36Address: 855 W AdamsStatus: ProposedDeveloper: White Oak RealtyProject: ApartmentsUnit Count: 289 Units
37Address: 315 S JeffersonStatus: ProposedDeveloper: JAB Real EstateProject: ApartmentsUnit Count: 69 Units
38Address: Union StationStatus: ProposedDeveloper: Riverside DevelopmentProject: Hotel | Office | Retail | Residential
Size: 3,100,000 SF
39Address: 1061 W Van BurenStatus: ProposedDeveloper: Pizzuti CompaniesProject: ApartmentsUnit Count: 411 Units
40Address: 111 S PeoriaStatus: ConstructionDeveloper: LG ConstructionProject: CondosUnit Count: 79 Units
26Address: 172 N AdaStatus: ProposedDeveloper: Marquette CompaniesProject: ApartmentsUnit Count: 263 Units
27Address: 905 W FultonStatus: ProposedDeveloper: Thor EquitiesProject: OfficeSize: 50,000 SF
28Address: 1050 W MonroeStatus: ConstructionDeveloper: Michigan Avenue GroupProject: ApartmentsUnit Count: 120 Units
29Address: 1515 W MonroeStatus: ProposedDeveloper: Cedar StreetProject: ApartmentsUnit Count: 288 Units
30Address: 328 N CarpenterStatus: ProposedDeveloper: Madison CapitalProject: OfficeSize: 120,000 SF
31Address: 808 W Van BurenStatus: ConstructionDeveloper: Loukas DevelopmentProject: ApartmentsUnit Count: 148 Units
32Address: 310 N SangamonStatus: ProposedDeveloper: Mark Goodman & Associates
Project: OfficeSize: 211,000 SF
33Address: 1200 W FultonStatus: ProposedDeveloper: Sterling BayProject: Office | Hotel | RetailSize: 1,200,000 SF
34Address: 1220 W JacksonStatus: ProposedDeveloper: LG ConstructionProject: ApartmentsUnit Count: 166 Units
35Address: 625 W AdamsStatus: ConstructionDeveloper: White Oak RealtyProject: OfficeSize: 432,000 SF
DEVELOPMENT WATCHGRAND
HUBBARD
KINZIE
CARROLL
FULTON
LAKE
RANDOLPH
WASHINGTON
MADISON
MONROE
ADAMS
JACKSON
VAN BUREN
OGDEN
AD
A
ELIZ
AB
ETH
RA
CIN
E
MAY
AB
ERD
EEN
CA
RP
ENTE
R
MO
RG
AN
SAN
GA
MO
N
PEO
RIA
GR
EEN
HA
LSTE
D
DES
PLA
INES
JEFF
ERSO
N
CLI
NTO
N
CA
NA
L
VAN BUREN
JACKSON
VAN BUREN
JACKSON
ADAMS ADAMS
MONROE MONROE
MADISON MADISON
WASHINGTON WASHINGTON
RANDOLPH RANDOLPH
LAKE
FULTON FULTON
CARROLL
KINZIE KINZIE
GRAND GRAND
OGD
EN
HUBBARD HUBBARD
WAYMAN WAYMAN
MILW
AUKEE
MILWAUKEE
KINZIE
ARBOUR
HA
LSTE
DH
ALS
TED
GR
EEN
PEO
RIA
SAN
GA
MO
N
MO
RG
AN
MO
RG
AN
CA
RP
ENTE
R
AB
ERD
EEN
AB
ERD
EEN
MAY
RA
CIN
E
RA
CIN
E
WIL
LAR
D
ELIZ
AB
ETH
AD
A
THR
OO
PTH
RO
OP
LOO
MIS
LOO
MIS
NO
BLE
LAFL
INLA
FLIN
JUST
INE
CA
NA
L
CLI
NTO
N
JEFF
ERSO
NJE
FFER
SON
DES
PLA
INES
DES
PLA
INES
UN
ION
UN
ION
SKINNER PARKMARY
BARTELMEPARK
UNION PARK
HERITAGEGREENPARK
FULTONRIVERPARK
34
5
6
7
8
9
10
11
12
13
14
15 1617
18
19
2021
22
23
24
25
26
27
28
29
30
31
3233
34
3536
37
38
39
40
1
2
40 MOST NOTABLE WEST LOOP DEVELOPMENTS
15*Data provided by CoStar, Crain’s, Bisnow & Curbed
RESTAURANTSNOTABLE RESTAURANT TENANTS
1020 W Madison 820 W Lake 809 W Randolph 108 N Green 834 W Fulton1000 W FultonMonteverde Momotaro Girl & The Goat Parlor Pizza Bar BeatrixSwift & Sons
16
940 W Fulton 167 N SangamonAesop Lululemon Local
845 W Randolph 16 S Halsted1000 W Randolph 1101 W RandolphAnthropologie Billy Reid Ulta Beauty Free People
RETAILNOTABLE RETAIL TENANTS
HOTELSNOTABLE HOTEL TENANTS
844 W Lake 113 N GreenThe Hoxton Hotel Soho House Chicago
311 N Morgan 725 W Randolph854 W Randolph 113 N MayNobu Hotel Chicago Ace Hotel Equinox Hotel Hyatt Hotel
OFFICENOTABLE OFFICE TENANTS
Twitter16,000 SF
Pepsico413,000 SF
Dyson40,000 SF
Boeing600,000 SF
SC Johnson280,000 SF
Walgreens200,000 SF
The material contained in this Offering Memorandum is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.
The only party authorized to represent the Owner in connection with the sale of the Property is the SVN listed in this Offering Memorandum, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Memorandum. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.
Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Memorandum may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Memorandum, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner.
The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Memorandum are advised and encouraged to conduct their own comprehensive review and analysis of the Property.
This Offering Memorandum is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.
DISCLAIMER
17
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.
Scott Maesel312.676.1860 [email protected]
Drew [email protected]