McKinsey & Company is packing up its downtown Chicago office and heading to Salesforce Tower Chicago at Wolf Point, according to reporting published today. The move shifts the consulting firm's central business district base into one of the city's newest riverfront trophy towers and will reshuffle some of the most coveted office blocks in the Loop.
As reported by Crain's Chicago Business, McKinsey signed a lease to move into Salesforce Tower on April 29, 2026. CoStar had earlier reported the firm was in advanced talks to sublease roughly three floors, about 72,000 square feet, and noted McKinsey currently occupies about 106,746 square feet at the Blue Cross Blue Shield Tower, with a lease that runs through December 2027. Crain's reports neither company immediately commented on the move.
About the tower
Salesforce Tower Chicago, at 333 W. Wolf Point Plaza, is a roughly 1.2 million square foot, 60 story tower developed by Hines and partners that reached completion in 2023. The developer highlights the building's large floorplates, amenity program and sustainability features, advantages that have helped it stand out in a soft downtown market where newer glass and steel still gets the first look.
Other tenants and the trend
McKinsey will join other recent arrivals at Wolf Point. Private equity firm Wind Point Partners took a full floor and brokerage Newmark relocated as well, a pair of moves that underscore a pattern of tenants trading older Michigan Avenue and Loop offices for newer riverfront space. Hoodline's Wind Point Ditches Mag Mile story documented that shift, and Newmark confirmed its own relocation with a press release.
Market takeaways
Industry reporting shows demand has been concentrated in newly built, high quality towers even while overall downtown vacancy remains elevated. CoStar notes that the scramble for premier blocks at trophy buildings has pushed valuations and left legacy properties to compete harder for tenants.
McKinsey's relocation will tighten the market for large, contiguous blocks of modern downtown space and could prompt further reshuffling of corporate footprints across Chicago. As Crain's Chicago Business observed, the deal is another signal that well spec'd riverfront towers remain the most sought after addresses for big tenants.
