The Real Deal Chicago

Coca-Cola moving Chicago office to new McCaffery building in Fulton Market

The beverage company will take 7.4K sf in the soon-to-open office building at 1201 West Lake Street
January 18, 2019 02:00PM

McCaffery CEO Dan McCaffery and 1201 West Lake Street (Credit: Coca Cola)

Coca-Cola will move its Chicago corporate office from west suburban Downers Grove to a Fulton Market office building soon to be completed by developer McCaffery Interests.

The seven-story, 150,000-square-foot complex at 1201 West Lake Street is set to open in March, according to Crain’s. It will include almost 12,000 square feet of ground-floor retail space and a 9,000-square-foot deck.

Coca-Cola is taking 7,400 square feet.

McCaffery also will move its corporate offices to the new building, joining Coca-Cola and Heritage Bicycles as a tenant. The developer is currently headquartered at 875 North Michigan Avenue, formerly known as the John Hancock Center.

Coca-Cola is one of several of McDonald’s partners to join the fast food giant in the burgeoning business district, where developer Sterling Bay originally pitched its project at 210 North Carpenter Street as a “vendor village.”

About a block away from the Lake Street building, McCaffery is redeveloping a 37,500-square-foot warehouse at 1115 West Fulton Street into a mixed-use complex. The firm announced last year that it signed the Galley Group to operate a nearly 13,000-square-foot food hall in the space. [Crain’s]Alex Nitkin