CHICAGO—Aspen Dental Management has signed a long-term lease for a total of 205,000 square feet of office and retail space at the 19-story 800 W. Fulton Market mixed-use building here. The deal marks the first lease signing at the property under development.

The deal at the more than 400,000-square-foot mixed-use project that is slated for completion in 2021 was announced by joint venture development partners Thor Equities Group of New York City and QuadReal of Vancouver. Aspen Dental will occupy nearly half of the building with 197,000 square feet of office space and 8,000 square feet of retail space on West Fulton Market. Upon occupancy, the property will serve as Aspen Dental's new national headquarters.

Designed by Skidmore, Owings & Merrill, 800 W. Fulton Market features a 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. Having broken ground in October 2019, the development is slated to open in the spring of 2021.

Thor Equities Group announced a lease with DineAmic Hospitality Group at the nearby development at 905 W. Fulton, in December for the retail portion of the building. The office component of 905 W. Fulton is 100% leased to Mondelez International for its US headquarters.

Thor's Chicago portfolio also includes nearby 942 W. Fulton Market, 1003 W. Fulton Market and 1229 W. Randolph St., as well as the historic Palmer House Hilton in Downtown Chicago.

Instant Insights /

Aspen Dental Management Commits to 205,000 SF at 800 W. Fulton Market

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