Savills Studley completed a 24,000-square-foot lease on behalf of Leopardo at 210 N. Carpenter in Chicago’s Fulton Market District. The transaction marks the first tenant agreement at the upcoming 12-story, 200,000-square-foot building, which is being developed by real estate investment and development company Sterling Bay.
Leopardo will be the first tenant and is also construction the building, according to the statement. The building will be completed in the fall of 2018 and Leopardo will then relocate employees from the 333 W. Wacker Dr. location.
“Representing Leopardo was uniquely important and very interesting in this scenario. With Leopardo being both the builder and the tenant, we assisted with careful considerations that had to be made to ensure all parties’ interests were achieved, especially from our client’s dual perspective,” said Savills Studley Corporate Managing Director Renae Bradshaw, who represented Leopardo along with Senior Vice President Eric Feinberg and Executive Vice President Robert Sevim.