Flexible leasing available for your growing startup.
Finally.
Whatever kind of space you need -loft office, production facility, design studio, light-industrial warehouse with a loading dock- if you're a serious founder, you spend most of your waking hours there. It should be perfect. When it becomes too small, or the wrong kind of space, or you just need something different, you should be able to fix this problem quickly and easily, without starting over. That's what we help with.
Your lease shouldn’t slow you down.
The Peppercorn Space Program gives growing companies the freedom to expand, relocate, and evolve without the long-term commitment of a traditional lease. Start with what you need. Change it when your needs change.
Built for companies on the move.
From loft-office suites to full-scale light industrial spaces with loading docks and parking, Peppercorn is the largest independent commercial real estate owner in Fulton Market, the West Loop, and the Kinzie Industrial Corridor. Whatever you need next, we probably have it close by.
​
The standard model makes sense. This one is just different.
If you own one or two buildings, the smart move is to lock tenants into long leases. It gives you predictable income, makes your buildings easier to refinance, and lets you step back. That model works and most landlords stick to it.
​
Peppercorn is in a different position. We own a large portfolio concentrated in one neighborhood, which is rare. When a tenant needs more space or different space, there is usually somewhere nearby we can put them. Helping a company move and grow within that portfolio is more work than signing a standard 10-year lease. It means knowing your buildings well, staying close to your tenants, and figuring things out as they come up.
​
It is harder to manage. But if you are an entrepreneur yourself, it is a more interesting way to run a real estate company.
​
Close to mHUB. Close to everything that matters.
Phil Denny founded Peppercorn Capital in 2000 and has owned it outright ever since. No investors, no partners. Three years ago Peppercorn sold mHUB the clock tower building at 240 N. Ashland. Long before that, the same building was CB2’s headquarters and photography studio. Over the years, Peppercorn buildings have also been home to Sprout Social, IDEO, Goose Island Beer Company, Lunar Design, and Harpo Productions. The portfolio keeps you in the neighborhood where all of this is happening.
Whatever you call it, we’ve got it.
Office. Design lab. Warehouse. Design Studio. Production Facility. Whatever your space needs to be, the Peppercorn Space Program has a flexible option ready for you.​
-
Loft office suites
-
Light industrial with lots of power
-
Production & manufacturing
-
Loading docks
-
Parking
​
Stay in the neighborhood. Stay in the 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.
One decision maker
Phil owns everything outright without investors. This matters when you want to expand quickly to capture a big opportunity and you need fast answers to difficult questions. What's available right now? How soon can I move? Can someone help me move while I stay focused? We available to help whatever the challenge.
​
About
Peppercorn Capital has been buying and managing buildings in this neighborhood for 25 years. I have a genuine interest in seeing the companies here do well.
Call me. We can discuss how to work together.
​
312-388-8777
​
​