Peppercorn Capital LLC Secures Sought After Lake Street Property
Chicago-based Minimal to lease the three-building property
CHICAGO, Jan. 16, 2013
CHICAGO, Jan. 16, 2013 /PRNewswire/ --Peppercorn Capital LLC, a Chicago-based
real estate investment and development company, recently purchased theTrainor
Glass Company showroom on the corner of Lake Street and Sangamon. The firm
closed on a lease that includes three separate 5,000-square-foot-buildings
located at 939 W. Lake Street for Chicago-based tenant, Minimal.
The design company is moving from its current location of 1032 W. Fulton
Market, and is looking to showcase its designs in the property's corner
Peppercorn Capital adds Minimal to its list of tenants, which includes from
the past and present: 37 Signals, Sprout Social, AnswersMedia, Crate &
Barrel/CB2, Binny's, Goose Island Brewery, Goodwill Industries,Harpo
Productions, IsraelIdonije's Blessed Manufacturing, The Animal Care Center of
Chicago, IDEO, Caremark,MBM Jewelry,eSutras Organics, Ignite Network,
Berkshire Hathaway/Kale Uniform, Warner Bros. andHerff Jones.
Tenant representation firm Howard Ecker + Company was pivotal in helping
secure Minimal as a tenant. Led by Vice President Valentine Ecker Klutznick,
the Howard Ecker + Company team involved in this transaction also included
President and CEO Howard Ecker and Chief Operating Officer Pamela Parasugo.
"Howard Ecker + Company has a simple and effective philosophy," stated Phil
Denny, CEO of Peppercorn Capital, "stay committed to the client."
Denny also praised Klutznick's efforts in particular, "Val demonstrates a
level of commitment and patience that is hard to come by in this industry. She
has brilliant client service skills."
The building at 939 W. Lake Street is over 80 years old, and was originally
converted from a garage building, and later into a distribution center at the
height of Chicago's meat packing industry.
The property as it exists now has bow-truss roof buildings, and all the
buildings are connected, with a showroom featured on the corner of the
Minimal is a design company founded by design visionary Scott Wilson.Wilson
leads a team of designers who create brand-building products and experiences.
A former Global Creative Director at Nike, Wilson has been a design leader in
organizations such as IDEO, Thomson Consumer Electronics, Fortune Brands and
Motorola.Wilson was awarded the2012 Smithsonian National Design Award for
About Peppercorn Capital LLC
Peppercorn Capital LLC is a commercial real estate development company that
strives to distinguish itself both in terms of the clients it serves and the
projects it undertakes.
Peppercorn Capital focuses on development projects in Chicago's West Loop
neighborhood, where vintage red brick factory buildings stand as monuments to
Chicago's industrial heritage. Expansive floor plans and high ceilings, that
once housed assembly lines and massive machinery, have evolved to vibrant,
creative companies where modern, open-office concepts are explored and refined
for the digital age. For more information please visit
SOURCE Peppercorn Capital LLC
Contact: Jackson Pillow, Greentarget, +1-312-253-8127
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