
Restaurant Technology Provider Will Take 51,000 sf at Fulton Market‘s Premier Work Destination
Tishman Speyer, one of the world’s leading developers, owners, operators and asset managers of first-class real estate, announced today that Tock has committed to relocating its current Fulton Market headquarters to 320 N Sangamon. Tock, the emerging leader in providing restaurants an all-in-one system to streamline reservations, events, take-out and delivery all in one place, will move to its new location effective January 2022. Tock, which was acquired in March 2021 by Squarespace, the all-in-one website building and ecommerce platform, will occupy the 5th and 6th floors, including an expansive private outdoor terrace overlooking Fulton Market Street.
Today’s announcement follows the recent completion of the 320 N Sangamon project,an all-inclusive destination designed with everything one needs to create, innovate, collaborate and engage. Tishman Speyer collaborated with Chicago-based project Solomon Cordwell Buenz firm to design the property instep with the history of Fulton Market, while emphasizing a focus on wellness via the innovative design, advanced technologies and engineering systems Tishman Speyer is known to deliver around the globe.
The building features floorplates ranging from 24,000 to 27,000 square feet with 13-foot heights and minimal columns to provide each customer with an efficient plan to design their forward-thinking office environment. The penthouse offers an expansive indoor/outdoor wellness center, lounge and conferencing.
Tock employees will enjoy access to ZO., Tishman Speyer’s broad-based offering of lifestyle services and experiences that is exclusive to occupants within the firm’s portfolio. They also will benefit from advanced wellness and sustainability features cited in conjunction with the building’s LEED Gold and FitWel certifications, and notably its Dedicated Outdoor Air System (DOAS), which is the first and only 100 percent water-based DOAS for an office building in Chicago.
The property also has received WiredScore certification, recognizing that the building is fully prepared to meet the considerable connectivity needs of technology-oriented tenants along with other forward-thinking companies choosing totake their places in Chicago’s amenity-rich Fulton Market neighborhood.
Tishman Speyer Senior Managing Director Ryan Botjer commented, “Tock is exactly the type of customer that 320 N Sangamon was designed to serve, with its innovative leadership in providing technology solutions to the restaurant industry. Now with the backing of Squarespace, which acquired Tock earlier in 2021, we believe the company can anticipate continued success and we welcome the opportunity to support its workplace needs during the coming years.”
Co-developed with Chicago-based Mark Goodman & Associates. 320 North Sangamon (https://320northsangamon.com/)is the latest addition to Tishman Speyer’s large Chicago real estate portfolio, which includes The Franklin and CME Center, and totals approximately seven million square feet of office space. Ellen May, Adam Mitchell and Olivia Parker of Tishman Speyer are the property’s leasing representatives.
About Tishman Speyer (tishmanspeyer.com)
Tishman Speyer is a leading owner, developer, operator and investment manager of first-class real estate in 28 key markets across the United States, Europe, Asia and Latin America. We develop, build and manage premier office, residential and retail spaces for industry-leading tenants, as well as state-of-the-art life science centers through our Breakthrough Properties venture. With global vision, on-the-ground expertise and a personalized approach, we are unparalleled in our ability to foster innovation, quickly adapt to global and local trends and proactively anticipate our customers’ evolving needs. By focusing on health and wellness, enlightened placemaking and customer-focused initiatives such as our tenant amenities platform, ZO., and our flexible space and co-working brand, Studio, we tend not just to our physical buildings, but to the people who inhabit them on a daily basis. Since our inception in 1978, Tishman Speyer has acquired, developed, and operated 453 properties, totaling 210 million square feet, with a combined value of approximately $113 billion (U.S.). Our current portfolio includes such iconic assets as Rockefeller Center in New York City, The Springs in Shanghai, TaunusTurm in Frankfurt and the Mission Rock neighborhood currently being realized in San Francisco.