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Tishman Speyer Secures Two Full-Floor Leases at Chicago Office

Tishman Speyer has 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 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.

CVS Health will bring together its Chicago-area workforce at 525 West Monroe in early 2026. The healthcare company’s new office will span 40,975 square feet across the tower’s entire fifth floor.

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.

Photo credit: Jaclyn Simpson

Read More News Stories About: CBRE, Tishman Speyer
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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.