Fulton Market District
Residential district in Chicago, IllinoisWikipedia
22
MENTIONS
10
EPISODES
8
PODCASTS
Search complete. 22 mentions across 10 episodes found for "Fulton Market District".
Sep 10, 2026
Mark BryanGUEST
Thanks for having me.
Mark BryanGUEST
It's good to be here in Fulton Market, where all things are happening all around us right now.
Ryan AndersonHOST
Truly is, right? Well, you and I have known each other for years.
Ryan AndersonHOST
I'm so grateful that you're spending this time with us.
Al ScorchGUEST
And that's our hometown company.
Al ScorchGUEST
They're right down there in Fulton Market.
Al ScorchGUEST
They've been here for years.
Al ScorchGUEST
They invented the twist grip, the grip shift on a mountain bike where the shifter is like part of the...
Gordon LamphereHOST
When a box goes dark in a decent trade area today, the leasing calls start before the announcements finish.
Gordon LamphereHOST
often from medical fitness grocery concepts and experiential users that couldn't find space during some of the tightest years the national market is telling the same story vacancy near historic lows with construction completions at rock bottom and four straight quarters of positive absorption Retail has quietly become what office wishes it were, a scarce cash flowing income asset that trades on in-place economics and the capital markets have increasingly noticed with institutional buyers that are backing retail for the first time in decades and grocery anchored product in established Chicagoland demographics is increasingly trading at prices that reflect genuine conviction not distress hunting within chicago proper the split however is stark and this is worth naming plainly office and tourism dependent districts in the loop and the magnificent mile are still carrying double-digit retail vacancy While the neighborhood corridors and mixed-use districts like Fulton Market and River North have been staying tight, with Trophy Corridors commanding $90 plus rents, that's four times plus the spread over some of the metro average rents inside the same city.
Gordon LamphereHOST
The Mag Miles recovery is real but incremental, with foot traffic rebuilding and a few meaningful changes retenancies.
Gordon LamphereHOST
However, the loop is still a more interesting play, particularly with some of the conversion talk.
Amy GuthHOST
S&P also increased ratings of billed Illinois sales tax bonds and the Metropolitan Pier and Exposition Authority's expansion project bonds from A-plus to A-plus.
Amy GuthHOST
A substance abuse treatment organization has purchased a Fulton Market loft office building for its new headquarters, wagering on the trendy corridor's continued growth while delivering a windfall for one of the neighborhood's longtime landlords.
Amy GuthHOST
Crane's Danny Ecker reported that a venture of Alpharus Health recently paid $27.5 million for the five-story office building at 315 North Racine Avenue, according to Illinois Property Records.
Amy GuthHOST
The nonprofit, which was rebranded last month from the Gateway Foundation, is relocating its main office to the 95,000-square-foot building from space at subleases today at 500 West Monroe Street.
Amy GuthHOST
Ecker noted that the sale price shows the resilient value of Fulton Market Workspace at a time when vintage office properties elsewhere downtown... are trading for far less than they were worth before the pandemic.
Amy GuthHOST
As Ecker also noted in reporting, at roughly $289 per square foot, the Racine deal aligns with the June sales price of the seven-story office building two blocks away at 1201 West Lake Street, a far more modern facility completed in 2019.
Amy GuthHOST
Several loft office buildings in the West Loop and River North, meanwhile, have traded over the past couple of years for well below $100 per square foot, often slated for conversion into apartments or other uses.
Amy GuthHOST
Ecker reported that Alpharus saw buying the Fulton Market building as an opportunity to establish a long-term home in a vibrant neighborhood and avoid having to periodically evaluate the local office leasing market.
Amy GuthHOST
And I'll talk Chicago restaurant openings with reporter Allie Marotti.
Ally MarottiGUEST
Gibson's Restaurant Group has been looking for an opportunity to open a restaurant in Fulton Market for almost 15 years.
Ally MarottiGUEST
I talked to Gibson CEO Steve Lombardo about this, and he told me that they sort of created this story for the restaurant.
Ally MarottiGUEST
And you can kind of feel it when you walk through, or at least that
5 MINS LATER
Ally MarottiGUEST
Tell me about this.
Ally MarottiGUEST
Yeah.
Ally MarottiGUEST
So Gibson's restaurant group has been looking for an opportunity to open a restaurant in Fulton Market for almost 15 years.
Ally MarottiGUEST
Incredible.
speaker_1HOST
Exactly.
DonHOST
They are feeding the AI these complex multivariable prompts like find me a boutique property in the West Loop walking distance to Fulton Market with a rooftop bar and a rainfall shower under $400 a night.
speaker_1HOST
And what's fascinating here is the LMM isn't directing them to a search results page.
speaker_1HOST
It is synthesizing a definitive answer.
Amy GuthHOST
A Jones Lang LaSalle broker who represented Intuit in the lease, along with Jones Lang LaSalle, said she couldn't discuss the terms of the deal, but said the North Michigan Avenue location will be what she described as a statement piece and noted that the office-to-residential conversions underway downtown are set to bring more residents to the area.
Amy GuthHOST
The Mag Mile store is expected to open before the end of the year, and the company is also looking to open retail stores in Fulton Market, the Gold Coast, and the Southport Corridor.
Amy GuthHOST
Herzog further noted that the store is set to occupy space fronting North Michigan Avenue, known as Nathan Hale Court.
Amy GuthHOST
Other tenants at 435 North Michigan Avenue include Big City Optical, the Museum of Ice Cream, and others.
Rod T.GUEST
I'm there every Saturdays.
Rod T.GUEST
And then Ace Golf Club, that's in the city, that's in Fulton Market.
Rod T.GUEST
Okay.
Rod T.GUEST
So I'm there twice a week, Wednesdays and Fridays.