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Morningstar to lease big chunk of Loop’s Thompson Center from Google

Morningstar to lease big chunk of Loop’s Thompson Center from Google

By TRD Staff
Publication Date: 2026-04-21 16:42:00

Google isn’t keeping the Loop’s most closely watched office redevelopment all to itself.

Investment research firm Morningstar is in advanced talks to lease roughly 300,000 square feet on the upper floors of the Thompson Center at 100 West Randolph Street, where the tech giant is currently executing a more than $300 million gut rehabilitation. If the deal crosses the finish line, it will be one of the largest office leases signed in Chicago in recent years and a major victory for the city’s central business district.

The negotiations, first reported by CoStar, mark a notable shift for Google, revealing that the Silicon Valley behemoth will act as a landlord rather than occupying the entirety of the 1.2 million-square-foot, Helmut Jahn-designed building. By bringing in a top-tier, rent-paying neighbor, Google can offset the costs of redeveloping the historic property while still preserving plenty of room for its own future growth. Google is scheduled to occupy its…

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