Chico's Headquarters Campus Sale-Leaseback_Property for Sale
Chico's Headquarters Campus Sale-Leaseback_Property for Sale
11215 Metro Pkwy, Fort Myers, FL, 33966, US

Chico's Headquarters Campus Sale-Leaseback

Asset description

JLL, as exclusive advisor, proudly presents the Chico’s Headquarters Sale-Leaseback opportunity — a long-term sale-leaseback of a premier Class A campus located in Fort Myers, Florida. The 310,984 SF headquarters campus—comprising three buildings — has powered Chico's FAS operations since 1994. As the creative nucleus for the iconic Chico's, Soma, and White House Black Market brands, this property houses vital design studios, merchandising mock stores, printing facilities, marketing operations, and other essential functions that have fueled decades of the company’s national success.

In 2024, Chico's was acquired by the KnitWell Group, a leading American women's apparel platform with $5 billion in FY2024 revenue. Housing nearly 700 professionals and benefiting from recent capital investments, this campus has anchored Chico's strategic consolidation plan. Investors will benefit from a well-located, modern campus that is secured by long-term income stream with 3.0% annual escalations. The property’s strategic importance to Chico’s operations, combined with Fort Myers’ exceptional growth trajectory, makes this an investment opportunity not to be missed.

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Attributes

WALT
15 years
Lease type
Absolute Triple Net
Building area gross
28,891 sm
Land area gross
3 sm
Occupancy
100%

Media

Investment highlights

  1. 15-year Absolute NNN lease with 3.0% annual escalations starting at closing
  2. Guarantor operates seven heritage brands generating ~$5B in revenue
  3. Pristine, fully-utilized campus housing nearly 700 employees
  4. Over 30-year occupancy history
  5. Recent investments and strategic consolidations at the HQ
  6. Robust office market - over 60% rent growth and avg. 5.0% vacancy since 2019
  7. Fort Myers ranked #1 fastest growing city in 2024 (Rocket Mortgage)

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Chico's Headquarters Campus Sale-Leaseback (0 Properties)

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Last updated
Jun 17, 2025