Tishman Speyer secured lease agreements with Rewards Network and CVS Health to occupy a total of 81,931 square feet at 525 West Monroe, its recently renovated 900,000-square-foot office tower in Chicago’s West Loop neighborhood.
Rewards Network, a premier restaurant rewards and loyalty program, will relocate its headquarters to the tower’s 40,956-square-foot sixth floor in September 2026. The leading fintech company will expand its Chicago footprint when it moves from 540 West Madison Street, where it occupies 25,000 square feet.
In addition, CVS Health will bring together its Chicago-area workforce at 525 West Monroe in early 2026. The leading healthcare company’s new office will span 40,975 square feet across the tower’s entire fifth floor.
Tishman Speyer recently completed a major redevelopment of 525 West Monroe, including a new outdoor plaza, entrances and lobby. Designed by Michaelis Boyd Associates and MDEAS, the hospitality-focused lobby and biophilic exterior entrance incorporates a variety of seating areas for gathering, working and dining. Sleek lighting, a curved welcome desk and curated art accent the stylish space.
The Foyer, an all-day café concept that Tishman Speyer created in partnership with Infuse Hospitality, encompasses a bar and table service plus outdoor patio seating. Designed to flow seamlessly into the tower’s ground floor lobby, it serves building occupants and the public fresh-to-order breakfast and lunch, grab-and-go offerings, craft coffee and tea, as well as curated cocktails.
In addition to the ground floor transformation, 525 West Monroe’s customers and their guests now have access to ZO Clubhouse, a premium amenity center and lounge that Tishman Speyer opened on the 23rd floor. The Clubhouse provides beautifully designed lounge areas, elevated meeting space for 8-150 people and private event space for building customers.
Developed by Tishman Speyer, 525 West Monroe is ideally located just one block from Chicago Union Station and surrounded by the West Loop’s many corporate headquarters, restaurants and shops.
Tishman Speyer was represented in-house by Ellen May and Stephen Golz. Rewards Network was represented by CBRE’s Brad Serot, Tony Coglianese and Tyler Reaumond. CVS Health was represented by Robert Sevim and David Mahoney of Savills.
