Wind Point Partners is packing up its Magnificent Mile digs and heading to River North, signing on for a full floor at Salesforce Tower that will bump its Chicago footprint by roughly 70%. The private equity firm has inked a multi-year sublease for about 24,000 square feet on the 23rd floor and plans to relocate next year after building out the raw space to its own specs. It is the latest in a series of headquarters migrations from North Michigan Avenue to newer, transit-friendly trophy towers along the river.
The Deal
The relocation was arranged by Savills. According to ConnectCRE, Savills brokers Brandon Nasatir and John Goodman led the assignment and confirmed that Wind Point is taking the entire 23rd floor. The outlet also reports that CBRE's Mark Cassata and Paul Reaumond represented Salesforce in the sublease talks. Nasatir told the publication the move will allow Wind Point to "grow its footprint by 70%" at the new address.
How The Deal Came Together
Public reporting shows Wind Point had already been circling Salesforce Tower earlier this fall. The firm was in talks to sublease roughly 24,000 square feet at the Wolf Point skyscraper, part of a broader rush by tenants to snap up high-quality sublease blocks Salesforce placed on the market, according to The Real Deal. That coverage also noted Wind Point would be exiting its North Michigan Avenue space, adding one more data point to the Mag Mile-to-trophy trend playing out downtown.
Why Salesforce Tower
Developer Hines and marketing materials for Salesforce Tower highlight floorplates of about 24,000 rentable square feet within a roughly 1.2 million-square-foot trophy building. The property is stacked with tenant amenities, including a fitness center, wellness rooms, conference facilities, and lounges with balconies overlooking the river. For firms that want everyone on a single floor and prefer flexible, modern layouts, those efficient floorplates and perks have become a serious draw.
What It Means For The Market
Wind Point's deal is another chapter in Chicago's ongoing "flight to quality." CBRE data cited by Propmodo shows downtown office vacancy hitting about 28% in mid-2025, even as the fanciest towers manage to push rents higher. Transactions like this one point to a split market where the newest, amenity-rich properties are capturing most of the demand while older buildings fight for what is left.
Next Steps For Wind Point
Broker coverage indicates Wind Point is taking raw, unbuilt space and will commission a custom fit-out before moving in, with the relocation expected in 2026. The multi-year structure of the sublease suggests the firm plans to plant a long-term flag at the River North address, brokers told ConnectCRE.
They will not be alone. Brokerage Newmark already finalized its own move into Salesforce Tower earlier in 2025, signaling that available sublease blocks are getting snapped up by companies chasing top-tier offices, according to Bisnow. For Wind Point, the shift delivers fresher amenities and better connectivity, and it adds one more data point to Chicago's uneven office recovery story.
