Qube Research & Technologies Leases Full Floor at Chicago's BMO Tower

The London-based quantitative hedge fund is expanding its U.S. presence with a new Chicago office.

Apr. 7, 2026 at 7:52pm

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A high-end, photorealistic studio still-life photograph featuring a sleek, angular glass and metal desk accessory in a muted palette of grays and silvers, conceptually representing the sophisticated technology and data-driven operations of a quantitative hedge fund.The lease of a full floor at BMO Tower marks an expansion milestone for the London-based quantitative hedge fund Qube Research & Technologies as it builds out its U.S. presence.Chicago Today

Riverside Investment & Development has finalized a lease with quantitative hedge fund Qube Research & Technologies for a full floor at BMO Tower in Chicago. The agreement covers 29,067 square feet on the 39th floor of the recently delivered 52-story office tower, giving Qube an entire high-rise floor as part of the firm's broader U.S. expansion strategy.

Why it matters

The Qube lease demonstrates continued leasing momentum at BMO Tower, a trophy office asset in Chicago's West Loop that has attracted a roster of financial and professional services tenants since opening in 2022. The deal reinforces the building's positioning as a destination for investment, insurance, and financial services firms seeking modern office space with strong transit access and contemporary amenities.

The details

Riverside's internal team led the building-side negotiations, with Christy Domin, Daniel Heckman, and Drew Nieman representing BMO Tower in the transaction. On the tenant side, JLL's Patrick Schenk, Matt Carolan, and Ronnie Deyo represented Qube, advising the hedge fund on its Chicago site selection and lease terms for the full-floor space.

  • BMO Tower was delivered in early 2022.
  • The Qube lease was finalized on April 7, 2026.

The players

Riverside Investment & Development

The real estate development firm that owns and manages BMO Tower.

Qube Research & Technologies

A London-based quantitative hedge fund that is expanding its U.S. presence with a new Chicago office.

Christy Domin

A member of the Riverside team that represented BMO Tower in the lease negotiations.

Daniel Heckman

A member of the Riverside team that represented BMO Tower in the lease negotiations.

Drew Nieman

A member of the Riverside team that represented BMO Tower in the lease negotiations.

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The takeaway

The Qube lease at BMO Tower underscores the continued demand for high-quality office space in Chicago's West Loop, particularly among financial services and investment firms seeking modern amenities and transit-oriented locations to attract and retain top talent.