Search
 

Historic Creative Office Space on the Market

CHICAGO—Many creative office spaces are in refurbished warehouses, but investors now have a chance to buy the Sullivan Center, a creative office space that is also a national landmark.  

chi-SullivanCenterNight (3) Designed by Louis Sullivan, the iconic building was once the home of Carson, Pirie and Scott, and now has a Target store on the lower levels.

CHICAGO—A partnership between Kohlberg Kravis Roberts & Co. LP and Madison Capital has brought on a team of experts from JLL’s capital markets group to market the office component of their Sullivan Center, an 833,000-square-foot trophy asset located in the heart of Chicago’s Loop along the State St. retail corridor.

Formerly known as the Carson, Pirie, Scott and Co. Building, it hosted the iconic department store for generations, but was transformed over the past decade into a creative office space. And the Louis Sullivan-designed building is one of the few creative office spaces that has won a spot on the National Register of Historic Places.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

More from this author

Recommended Stories

Downtown Denver MXD Building Trades

Downtown Denver MXD Building Trades

Adele Carter |

“Northland recognized the irreplaceable nature of this asset, which marks their entry into the Denver market."

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.