916 W Fulton Market

Chicago, IL

Location: Chicago
Neighborhood: Fulton Market
Status: Stabilized
Acquisition Date: October 2016
Asset Type: Urban Street
Tenant(s): Time Out Market
Gross Square Footage: 49,000

L3 acquired 916 W Fulton Market in October 2016.  The Fulton Market neighborhood was transitioning from an active meatpacking district to a 24/7, 365 live-work-play destination and Google’s Midwest Headquarters had just arrived to the neighborhood.  The property was occupied by a meatpacking business, and had housed various meatpacking operators since it was built in the 1880s.  Immediately after acquisition, L3 identified a new-to-market, single-tenant food hall for the entire building, Time Out Market.  L3 worked closely with Chicago Landmarks and Time Out Market to redevelop the property into a historically-inspired two-story building with a full basement and rooftop penthouse.  The project was complete in November 2019.

Property Highlights

  • Brand New Construction
  • 49,089 Gross Square Feet
  • Two-Story Building with Full Basement
  • Partial Roof Penthouse and Terrace
  • Massive 3,500 SF Glass Atrium
  • Fulton Randolph Market Historic Landmark District
  • OKW Architects
  • RL Edward Partners
  • Pepper Construction
  • IMEG, ECL, Erikkson Engineers

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