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Madison Today
By the People, for the People
Mojo Coffee Lands Former Starbucks Spot at 70 W Madison
New Zealand-born specialty coffee chain expands downtown Chicago footprint
Apr. 6, 2026 at 9:20pm
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Mojo Coffee's expansion into a prominent Loop location signals the chain's growing presence in Chicago's central business district.Madison TodayMojo Coffee, a New Zealand-born specialty coffee chain, has signed a lease for the former Starbucks space at 70 W. Madison in Chicago's Loop. The move comes as office landlords seek tenants that can drive steady weekday traffic amid choppy foot traffic in the area.
Why it matters
The lease represents an incremental shift in the retail landscape of Chicago's Loop as landlords look to attract food and beverage operators that can cater to the changing needs of office workers. Mojo's expansion into this high-profile location signals its growing presence in the downtown market.
The details
Mojo Coffee has signed a lease for the ground-floor corner space at 70 W. Madison that was previously occupied by Starbucks. The deal was brokered by JLL brokers Steve S., Peter Caruso, and Jose Gonzalez, who represented the building's ownership, which includes Namdar Realty Group and Mason Asset Management. Mojo Coffee is known for its specialty coffee and tight food menu designed for weekday office crowds.
- Mojo Coffee has signed the lease for the former Starbucks space at 70 W. Madison.
- The lease deal was first reported by the Chicago Business Journal on April 6, 2026.
The players
Mojo Coffee
A New Zealand-born specialty coffee chain that has been expanding its footprint in downtown Chicago.
Namdar Realty Group
One of the owners of the 70 W. Madison building.
Mason Asset Management
One of the owners of the 70 W. Madison building.
Steve S.
A JLL broker who represented the building's ownership in the Mojo Coffee lease deal.
Peter Caruso
A JLL broker who represented the building's ownership in the Mojo Coffee lease deal.
Jose Gonzalez
A JLL broker who represented the building's ownership in the Mojo Coffee lease deal.
What they’re saying
“Mojo Coffee NZ is coming to 70 W Madison”
— Madison Rose
What’s next
Details on the opening timeline and menu at the new 70 W. Madison Mojo Coffee location have not yet been released.
The takeaway
The Mojo Coffee lease at 70 W. Madison represents an effort by Chicago office landlords to attract food and beverage tenants that can cater to the changing needs of office workers as foot traffic in the Loop remains below pre-pandemic levels. Mojo's expansion into this high-profile location signals its growing presence in the downtown market.

