Investment Summary

Cushman & Wakefield’s National Office Advisory Group has been retained as the exclusive advisor and agent to offer for sale to qualified investors the 100% fee simple interest in 318 North Carpenter (the “Property” or “Building”), a newly delivered trophy-quality creative office and showroom asset located in the heart of Chicago’s Fulton Market District. Originally rooted in the neighborhood’s historic meatpacking and industrial past, Fulton Market has rapidly transformed into Chicago’s premier live-work-play destination and one of the nation’s most dynamic urban infill submarkets, attracting an unparalleled mix of corporate tenants, luxury residential development, hospitality, and experiential retail. Positioned at the center of one of the neighborhood’s most active development corridors, 318 North Carpenter is surrounded by significant recent and planned institutional investment that continues to reinforce the area’s emergence as Fulton Market’s next “Main-and-Main” location with substantial long-term growth and amenity expansion still ahead.

Investment Highlights

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NEWLY CONSTRUCTED, TROPHY OFFICE INVESTMENT OPPORTUNITY

BOUTIQUE, AUTHENTIC, STATE-OF-THE-ART OFFICE & RETAIL BUILDING

SIMPLE & STRAIGHTFORWARD BUSINESS PLAN

RENT ROLL PROVIDING INCOME DIVERSIFICATION ACROSS OFFICE, RETAIL & SHOWROOM TENANCY

DIRECTLY IN THE PATH OF PROGRESS & ON-GOING SURROUNDING DEVELOPMENT

FULTON MARKET: CHICAGO’S MOST DYNAMIC & DESIRABLE SUBMARKET

THE POWER OF RESETTING BASIS WITH LIMITED DEVELOPMENT PIPELINE LOOKING FORWARD

Property Summary

Year Built

2020

Stories

8

Net Rentable Area

Avg. Floor Plate Size

104,850 SF

15,227 SF

Occupancy

78.4%

Garage Parking Spaces

27

# of Tenants

9

Avg. Tenant Size

9,134 SF

Weighted Avg. Remaining Lease Term (WALT)

7.6 Yrs.

Photo Gallery

Equity Capital Markets

TOM SITZ

Co-Head of Midwest Investment Sales

+1 312 338 7866

tom.sitz@cushwake.com 

CODY HUNDERTMARK

Co-Head of Midwest Investment Sales

+1 312 338 7865

cody.hundertmark@cushwake.com 

JEREMIAH OLSEN

Director

+1 312 338 7868

jeremiah.olsen@cushwake.com 

KELSEY BERRY

Director

+1 312 424 8069

kelsey.berry@cushwake.com 

Debt Placement

JEFF ALTENAU

Vice Chair

+1 312 470 2355

jeff.altenau@cushwake.com 

ZACH YARNOFF

Managing Director

+1 312 424 8205

zach.yarnoff@cushwake.com