HOWEVER YOU DESCRIBE YOUR SPACE, THERE IS A GOOD CHANCE WE HAVE IT

Every kind of space. One neighborhood.

Private fabrication shops. Electronics and design studios. High-bay production floors with serious power and room for large equipment. Light industrial spaces with loading docks. Dedicated storage. A conference room when you need to meet with investors. Loft offices where your team can actually focus. Whatever you have been building toward, there is a space in this portfolio that fits where you are going.

• Private fabrication and production spaces

• High-bay industrial with heavy power

• Light industrial with loading docks

• Electronics and design studios

• Dedicated storage

• Conference rooms

• Loft office suites

• Parking

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INCUBATED! READY FOR THE NEXT BIG, IMPORTANT STEP 

A good problem to have.

mHUB is one of the best things that ever happened to the neighborhood. That’s why Peppercorn Capital sold them their current building in 2023. The equipment, the programming, the community of founders and engineers and mentors all under one roof — it is genuinely hard to replicate and most companies are better for having been there.

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But at some point you outgrow it. You have proven the concept. You have built the prototype. Maybe you have done some early production runs in the shared labs. Now you need your own space — somewhere you can leave your equipment set up overnight, run a full shift without booking time on a machine, take a delivery at your own dock, and put your company’s name above the door or in the lobby.

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YOUR LEASE SHOULDN’T SLOW YOUR GROWTH

Year-to-year terms. For you, not for us.

The Peppercorn Space Program runs on year-to-year terms — for you, not for us. If you want to stay for five years or ten, that is completely fine. We cannot ask you to leave. But if your needs change, you are never locked in. Move within the portfolio and stay in the program. We are designed for the long haul — the kind of landlord that is still with you three moves from now.

 

And if we ever cannot find you the right space in the Kinzie Industrial Corridor, give us six months notice and we tear up your lease. Clean exit, no penalty, no fight. We would rather lose a tenant than hold a growing company back.

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YOUR INVESTORS WILL APPLAUD

Better space. Lower cost. Private. 

Most founders think about space in terms of what they need to build. Their investors think about it in terms of burn rate. A move to a private Peppercorn building at a lower cost  is about operational discipline — and that is a meaningful signal to anyone evaluating how a team manages money.​

 

DESIGNED FOR COMPANIES ON THE MOVE

The largest independent owner in the corridor.

Peppercorn is the largest independent commercial real estate owner in Fulton Market, the West Loop, and the Kinzie Industrial Corridor — over 30 properties within a few square miles. Buildings range from bowstring truss lofts to tall, high-bay multi-floor industrial warehouses with docks, to small, charming single-story brick manufacturing shops. When you need to move, you won’t have to go far. Whatever you need next may be as close as next door. You will always be within walking distance of the Cobra Lounge.

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WHY OTHER LANDLORDS DON’T DO THIS

The standard lease model makes sense. This one is designed for a different kind of owner.

If you own one or two buildings, the smart move is to lock tenants into long leases. Predictable income, easier to refinance, less to manage. That model works and most landlords stick to it.

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Peppercorn owns a large portfolio in one neighborhood and has no outside investors to answer to. That combination makes flexibility possible in a way it simply is not for most landlords. It is more work. But it is a more interesting way to run a real estate company — especially if you are an entrepreneur yourself.

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ABOUT US

One owner. 25 years. No investors.

Phil Denny founded Peppercorn Capital in 2000 and still owns it outright. No investors, no partners, no committee. He has been buying and managing buildings in this neighborhood for 25 years and has a genuine interest in seeing the companies here do well. Peppercorn started as a startup. That has not been forgotten. When you call, you get him.

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A LITTLE CONTEXT

Some of the companies that came before you.

Peppercorn Capital sold mHUB the clock tower building at 240 N. Ashland in 2023. Before that it was CB2’s headquarters and photography studio. Over the years our buildings have been home to Sprout Social, Goose Island Beer Company, Basecamp, Vital Proteins, Crate & Barrel, The House of Vans, Oprah, Lunar Design, McKinsey & Company, Anheuser Bush, IDEO...

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STAY IN THE NEIGHBORHOOD

Including a Federal Opportunity Zone.

Our portfolio keeps you in the Kinzie Industrial Corridor, Fulton Market, and the West Loop — close to the people and resources that matter. If growing inside a Federal Opportunity Zone is relevant for your company, Peppercorn Capital is the largest independent property owner in the Kinzie Industrial Corridor Opportunity Zone, which was just made permanent.​

 

312-388-8777​

pfd@peppercorncapital.com