Chicago, June 24, 2021 – Global real estate leaders and joint venture partners Thor Equities Group and QuadReal, are pleased to announce a new lease with Prevolv and Inscape, for 12,000 square feet at 800 W. Fulton Market.
Specialists in the commercial furniture industry, Inscapeand Prevolv work together to respectively design a range of furniture and create workspaces. Prevolv focuses on crafting smart workspaces that help companies maximize their real estate investments, increase productivity, and provide flexible work environments. Inscape Corporation designs, manufactures, and distributes office furniture: The principal product includes customizable filing products and a range of ergonomic products, including seating. Prevolvis a commercial furniture dealer that features Inscapearchitectural wall, file storage and workstation solutions
Prevolv and Inscape will join notable tenants including furniture design company Teknion, dental support and management corporation, Aspen Dental, and recently announced Zeppola Bakery at the property.
“Thor is committed to providing state-of-the-art office spaces to foster innovation and growth. We are pleased to welcome Prevolv and Inscape to 800 W. Fulton, a novel development with smart technologies and focus on sustainability to enrich the tenant experience,” said EVP of Thor Equities Group, Jack J. Sitt.
At the eastern entrance to the historic Fulton Market District, the project is a 19-story mixed-use building with over 400,000 square feet of office and retail space, as well as a range of public amenities. Selected 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 company headquarters.
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.
ABOUT THOR EQUITIES GROUP:
Thor Equities is a leader in the development, leasing and management of office, industrial, laboratory, residential, hotel and mixed-use assets in premier urban locations worldwide. The company operates in major cities around the globe and has a property portfolio totaling $20 billion with a development pipeline in excess of 50 million square feet. Thor has a strong presence on three continents and in addition to its US holdings, the company has assets in European gateway cities including London, Paris, Madrid, and Milan, and is the largest developer in Mexico through its Latin American division with a development pipeline of over 18 million square feet. Thor maximizes returns for institutional investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, leveraging market trends to maintain a long-term competitive edge. For more information, visit www.thorequities.com.