CHICAGO—Developer Sterling Bay has officially secured the first tenant for its new boutique office tower at 210 N. Carpenter in Chicago's Fulton Market District, and it's also the tower's builder. Leopardo, which broke ground this month on what will be a 12-story, 200,000 square foot building, will occupy 24,000 square feet. The move from 333 W. Wacker Dr. will greatly expand its Downtown Chicago office footprint.

Renae Bradshaw, corporate managing director for Savills Studley, represented Leopardo, along with senior vice president Eric Feinberg and executive vice president Robert Sevim. She tells GlobeSt.com that the agreement helps show how the neighborhood appeals to a wider group than two years ago when Sterling Bay finished 1KFulton, the mammoth Chicago headquarters for Google located nearby.

“It was perceived as a tech-centric market,” she says. But since then, firms such as McDonald's and Dyson, a vacuum cleaner manufacturer, have decided to establish their own headquarters in new Fulton Market projects under development by Sterling Bay. And a diverse array of users now populates the once-industrial area.

“Long-standing, forward-thinking companies are embracing this market for its dynamic atmosphere, amenities and location,” she says. “There have even been some law firms that have recently considered if not relocated west of Canal St., something that we would not have seen years ago.”

Solomon Cordwell Buenz designed 210 N. Carpenter, which Leopardo will complete in the fall of 2018. The building will offer tenants a comprehensive amenity package, including a rooftop lap pool, tenant lounge and gaming area, full-service fitness center and locker rooms, a programmed yoga room, conference facilities and on-site parking for over 40 cars.

But companies that choose Fulton Market can offer new recruits more than attractive office space. The neighborhood has become a popular residential area, allowing employees to work close to home and embrace a true urban lifestyle.

“There is a lot of talent that wants to live in the West Loop,” Bradshaw says. “This is a market that everyone should be looking at.”

Instant Insights /

Sterling Bay Scores Tenant for Boutique Tower

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