DEVELOPED BY CONTENTS

NEIGHBORHOOD

The West Loop 06 Fulton Market 08 Map 10 Access 12 NEIGHBORS

Offi ces 14 Dining 18 Hospitality 22 Entertainment & Arts 23 Residents 24 Demographics 25 SPACE

Overview 26 First Level Retail 28

About McCaffery Interests 29

3 4 5 THE WEST LOOP

Once a Marketplace, Always a Marketplace

Bounded by Ashland Avenue to the West, the River to the East, the Eisenhower Expressway to the South and Grand Avenue to the North, the West Loop has played a key role in making Chicago an economic powerhouse.

Originally home to the city’s bustling wholesale market district, several of the West Loop’s charismatic warehouses continue to market and distribute food goods today, while neighboring thoroughfares are being revitalized to refl ect and foster the urban life, culture and energy for which this historic area is known.

6 7 FULTON MARKET

Dynamic Day & Night Destination

At the heart of the West Loop is Fulton Market. The proximity of this quiet, westbound avenue to the city’s nineteenth century rail and stock yards positioned it as a vital hub of Chicago’s growing food enterprises.

Wide sidewalks increase walkability and offer opportunities for outdoor dining, parklets and window shopping. Nearby public transportation, bike- sharing stations, and multiple interstate connections makes the area highly accessible by foot, train, bike or car.

Just blocks off of Randolph Street’s in-demand “Restaurant Row” and minutes from Chicago’s hip Greektown neighborhood, Fulton Market is at the center of this 24/7 district.

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BY TRAIN Two blocks from the CTA’s newly opened Morgan Street “L” stop

BY BUS Short walk to multiple CTA buses headed to the Loop and Chicago’s commuter rail hubs, Union and Ogilvie Stations

BY CAR 3 minutes from I-90/94 expressway

BY BIKE Divvy bike-share station at the corner of Randolph & May 10 minutes from Wicker Park via bike- friendly Milwaukee Ave.

BY FOOT Steps from Chicago’s hottest bars, eateries and art galleries, Randolph’s “Restaurant Row” and Halsted Street’s Greektown

12 13 OFFICES RECENT OFFICE LEASES IN THE WEST LOOP

Daytime Population is

on the Rise 600,000 SF 253,000 SF 232,000 SF

The strengthening of the downtown Chicago offi ce market is especially evident in the West Loop. And as Google and other growth-focused companies open their doors, the improved “daytime

population” creates a fresh, captive 215,000 SF 75,000 SF 65,000 SF workweek audience and complements the established weekend and night-life traffi c. Multiple new offi ce developments are fostering a strong population increase.

Just a few blocks from block from 1201 W. , Google’s Midwest Headquarters and German bike 64,000 SF 40,686 SF 39,723 SF component maker SRAM International have moved into 1K Fulton, bringing more than 3,000 new employees to the area. Joining them are some of Chicago’s most anticipated eateries, including Boka Group’s new steakhouse Swift & Sons and Smack Shack, a Minneapolis food truck-turned restaurant. 30,000 SF 24,000 SF 16,00016 000 SSFF

14 15 OFFICES “Fulton Market is among the hottest submarkets in Chicago, with a herd of investors, tenants and developers on the hunt for opportunities near Google’s offi ces.” The Chicago Real Estate Daily Google Effect

Whether it is its current Chicago offi ce in River North, its global headquarters in Mountain View, California, or even the urban San Francisco neighborhoods from which employees are shuttled to the offi ce, Google has driven growth and development in the areas that surround its campuses.

Google has proven to attract like- minded businesses along with development of housing, retail and restaurants to support the infl ux of young, well-paid employees.

From smaller tech fi rms looking to bask in the glow of Google’s shadow, to retailers and restaurants looking to capitalize on the young successful Google employees, the beginnings of the “Google effect” are already underway in the .

16 17 ©architectureartdesigns.com ©Edsel Little

DINING

Home to the World’s Top Chefs

Randolph Street’s “Restaurant Row” and Fulton Market are home to the hottest dining scene in Chicago. With nationally acclaimed restaurants, the West Loop has become THE place to dine in Chicago.

GRANT ACHATZ STEPHANIE IZARD PAUL KAHAN FABIO VIVIANI RICK BAYLESS BRENDAN SODIKOFF Next, Roister, Girl & The Goat, Avec, Blackbird, Siena Tavern, Frontera Grill, XOCO, Au Cheval, The Aviary Little Goat, Duck Duck Goat Publican Bar Siena Cruz Blanca Federales James Beard Award – Best New Restaurant James Beard Award – Best Chef Great Lakes James Beard Award – Best New Restaurant “Top Chef Fan Favorite” Top Chef Season 4 James Beard Award – Outstanding Restaurant “Best Burger” – Food & Wine, Bon Appetit Top Chef Season 4 18 19 DINING DINING

Noteworthy restaurants On the horizon... within blocks: • JENI’S ICE CREAM 0.3 mi • Au Cheval 911 W. Randolph Street • Avec • The Aviary Opening Late 2017 ©Sam Howzit • Belly Q • Blackbird • KUMIKO • Carnivale undisclosed – West Loop • Cemitas Pueblas Opening 2018 • City Winery • Cruz Blanca • El Solazo • WAFFLES BREAKFAST & LUNCH 0.3 mi • Expat 1104 W. Madison Avenue • Federales Opening 2018 • Formento’s • Gideon Sweet • Girl & The Goat • CITY MOUSE 0.2 mi • Grange Hall Burger Bar 311 N. Morgan Street • Honey’s Now Open • Jaipur ©John Zacherle • La Sirena Clandestina ©John Joh • EMPORIUM 0.4 mi • Leña Brava 829 W. Fulton Market • Little Goat • The Madison Bar + Kitchen Now Open • Maude’s Liquor Bar • Nellcôte • Next • Publican • RM Champagne Salon • Sam Hill Eatery & Saloon • Swift & Sons’ • Umami Burger

20 21 ©Lisa Picard HOSPITALITY ENTERTAINMENT & ARTS

“With crowds packing its acclaimed restaurants and thousands of offi ce workers relocating to the • 8FIFTY8 0.3 mi neighborhood, Chicago’s meatpacking district Dance club 858 W. Lake Street now wants visitors to lie down and stay awhile.” • BOTTOM LOUNGE Crain’s Chicago Business 0.4 mi Live music 1375 W. Lake Street • ACE HOTEL 0.2 mi 159 guest rooms • PUNCH BOWL SOCIAL 0.3 mi 311 N. Morgan Street ©Soho House Bowling, live music Opening early 2017 832-856 W. Fulton Market In development • HOXTON HOTEL 0.4 mi 175 guest rooms • CITY WINERY 0.2 mi 200 N. Green Street Live music Opening 2018 1200 W. Randolph Street

• EQUINOX HOTEL 0.4 mi • FRAZIER STUDIOS 0.1 mi 145 guest rooms Art classes, gallery 725 W. Randolph Street 1023 W. Fulton Market

• NOBU HOTEL 0.5 mi • MARS GALLERY 243 ft 83 guest rooms Art, events 854 W. Randolph Street 1139 W. Fulton Market Opening 2018 • HOUSE OF VANS 0.4 mi Skate park, live music, art • SOHO HOUSE 0.6 mi 113 N. Elizabeth Street 40 guest rooms 113-125 N. Green Street

22 23 ©Ace Hotel ©Georgia Hinaris RESIDENTS DEMOGRAPHICS

.5 mile 1 mile 1.5 miles

Living in Population 10,586 49,652 109,710

Fulton Market Household 5,926 27,844 57,519

Median age (years) 34.7 33.8 32.9 With a population of more than 9,000 within a half-mile of 1201 W. Lake Bachelor’s degree or higher 79.0% 76.8% 73.6% Street and more than 102,000 within Average Household Income $147,986 $132,892 $120,005 one-and-a-half miles, the raw, industrial Median Home Value $373,687 $379,690 $379,797 spaces of the West Loop are ideal for living too. Owner-occupied 52.3% 42.4% 34.0%

Currently, more than 3,100 mid- and Renter-occupied 45.8% 51.4% 55.6% high-rise apartment, condominium and EXPENDITURES loft units exist in the area while 1,965 Food away from home $39.2MM $165MM $308MM more are proposed or under construction to support the neighborhood’s Food at home $55.0MM $233MM $439MM burgeoning population. Entertainment & Recreation $32.7MM $138MM $258MM

Apparel & Services $25.0MM $105MM $197MM 52% of current ETHNICITY residences are rented White 72.7% 64.5% 61.8% Black 9.4% 10.9% 14.3%

Asian 11.0% 13.6% 13.7%

Other 4.2% 6.6% 7.1%

Two or more 2.7% 3.0% 3.0% 46% Hispanic origin (any race) 10.2% 13.9% 14.7% of current residences are owned Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017. 24 25 THE SPACE

1201 W. Lake Street offers a rare opportunity: in the heart of the Fulton Market District, 148,079 square feet available on 7 fl oors.

26 27 THE SPACE First Level Retail

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28 29 30 31 1201 W. LAKE STREET, CHICAGO 60607

FOR LEASING INQUIRIES:

Andrew Macafee | [email protected] | 312-784-2844 Ross Modjeska | [email protected] | 312-784-2758

MI-FULTONMARKET.COM

©2018 McCaffery Interests. All rights reserved. 32