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THOR EQUITIES GROUP AND QUADREAL ANNOUNCE LEASES WITH TEKNION AND ZEPPOLA BAKERYAT 800 W. FULTON MARKET IN CHICAGO

 

The lease follows anchor tenant, Aspen Dental’s, decision to expand their footprint at the development

Chicago, April 19, 2021 – Global real estate leaders and joint venture partners Thor Equities Group and QuadReal, are pleased to announce leases with Teknion and ZeppolaBakery for over 23,000 square feet at 800 W. Fulton Market, following the announcement of an expansion from anchor tenant, Aspen Dental Management.

Teknion, a premier furniture company with one-of-a-kind pieces designed to fit all work cultures and spaces, has selected 800 W. Fulton for their Chicago office. At the eastern entrance to the historic Fulton Market District, the brand-new development features office and retail space, as well as a range of public amenities. Chosen by the company for the building’s smart building technologies including a tenant facing mobile application, fitness center, social sky lounge, and conference center that can accommodate up to 100 people, 800 W. Fulton Market is the ideal location for Teknion’s Chicago office.

“Office space is incredibly important to the success of businesses across all sectors. While organizations were able to adapt to remote work during the pandemic, it has become apparent that employees need space to interact and engage safely. 800 W. Fulton was designed with employee wellbeing at the forefront, and we are thrilled to welcome Teknion and pleased with Aspen Dental’s decision to expand their space. Quadreal has been an excellent partner and together we are dedicated to building a project that meets and exceeds the demands of today’s workforce,” said Chairman of Thor Equities Group, Joe Sitt.

A popular eatery based in New York City; Zeppola Italian Bakery has signed a lease for their first Chicago location at 800 W. Fulton Market. Taking 1,270 square feet and benefitting from 60’ of wraparound frontage on of N. Green and Wayman Streets, Zeppola Bakery will serve a variety of authentic Italian delicacies and cater to the busy office and residential population in the Fulton Market District. Aspen Dental occupies majority of the office space at 800 W. Fulton Market, and Mondelez International, Google, and McDonald’s all have headquarters nearby.

“We are pleased to announce the successful lease with Zeppola Italian Bakery at 800 W. Fulton Market, a lease that illustrates the appeal of both the building and neighborhood during a challenging time. With our partner Quadreal, we gain a first-rate tenant and are thrilled to work with them in building their brand outside of NYC,” said COO, Melissa Gliatta.

Earlier this month, co-tenant Aspen Dental decided to expand their presence at 800 W. Fulton, adding a supplementary 10,900 square feet to their current space to total 197,000 at the property.

Designed by Skidmore, Owings & Merril, 800 W. Fulton Market features a striking façade with outdoor, stair-step terraces and an iconic x-brace design and panoramic floor-to-ceiling windows. Planned to meet the highest sustainability standards credentials, the project is targeting both LEED Platinum and the WELL Building Standard certification.

Thor’s portfolio also includes nearby 942 W. Fulton Market, 1003 W. Fulton Market and 1229 W. Randolph Street. The latter property recently received approval for an 8.5 story boutique office building. Thor closed on the sale of 905 W. Fulton Market in May 2020, after leasing the development to Mondelez International and Dineamic Hospitality.

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