Newmark announces the 6,000-square-foot retail lease with entertainment destination and premier live music venue, The Back Room, at 318 North Carpenter Street in Chicago’s Fulton Market. Newmark Senior Managing Director James Schutter, Managing Director Larry Kling and Associate Nick Garlick serve as exclusive leasing agents for the property, representing the building owners, a joint venture between Murphy Real Estate Services and Creek Lane Capital, on the transaction.
This lease represents the relocation of The Back Room from 1007 North Rush Street to its new home at 318 North Carpenter Street. The Back Room, a well-established influencer in Chicago’s music culture for 50 years, attracts the finest live entertainment performers regionally, nationally and globally. Located in the heart of Fulton Market, 318 North Carpenter Street is an eight-story, 95,445-square-foot boutique office property with ground-level retail. Retail features include signage opportunities, 15-foot ceiling height, nine-foot by 12-foot storefront glass and outdoor seating along Carroll Street.
The building is situated directly across the street from Google’s Chicago headquarters, proximate to Chicago’s world-renowned Restaurant Row. The immediate area sees more than 20,000 visitors per day. The location is easily accessible to public transit with both a Green Line and Pink Line CTA stop within two blocks of the building.
