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Chicago & Midwest  + Downtown  + Office  |  April 7, 2026
Jasmine Kilman
By: Jasmine Kilman

Riverside Investment & Development Secures Lease with Hedge Fund Qube at BMO Tower

Riverside Investment & Development has signed quantitative hedge fund Qube Research & Technologies to a 29,067-square-foot lease for the entire 39th floor of BMO Tower, located at 320 S. Canal in Chicago.

Qube is opening a Chicago office as part of its U.S. expansion, Crain’s reported. Riverside’s Christy Domin, Daniel Heckman, and Drew Nieman negotiated on behalf of the building while JLL’s Patrick Schenk, Matt Carolan, and Ronnie Deyo represented the tenant in the deal.

The space will be home to the London-based company’s third U.S. location, adding to its workspace in New York and an office in Houston. Delivered in early 2022, 320 South Canal is a 52-story, trophy office tower across the street from Chicago’s Union Station featuring market-leading amenities.

Notable recent leases at the property include Arch Insurance, Maximum Independent Brokerage, Brown Brothers Harriman, and NextGen Growth Partners. With the lease, 320 South Canal is 84% leased.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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