Morningstar

Morningstar announced a headquarters milestone on September 30, 2026. Morningstar announced plans to relocate its global headquarters to Chicago’s Thompson Center, where it will occupy more than 275,000 square feet.

What changed

The announcement establishes or expands the company’s headquarters presence in Chicago, IL. Morningstar will co-anchor the Thompson Center with Google and plans to move in late 2028. The company described the lease as Chicago’s largest downtown office transaction in 2026 to date and committed an additional $5 million over five years to Chicago nonprofits.

• New headquarters: 171 N. LaSalle Street (Thompson Center), Chicago, IL
• Reported footprint: More than 275,000 square feet; more than 1,500 employees in Chicago
• Announcement date: September 30, 2026

Why the company chose this location

The company said the Thompson Center offers direct access to the Pedway and six train lines via the Clark and Lake CTA station. CEO Kunal Kapoor said the building was designed around openness and transparency, values that also reflect Morningstar’s mission.

What the move signals

A headquarters opening or relocation can signal new hiring capacity, consolidation of operating teams, investment in a regional ecosystem, or a change in how a company serves customers and partners. For GTM teams, the useful next step is to watch for role openings, regional leadership appointments, vendor consolidation, and facilities-related initiatives connected to the move.

Source and methodology

This profile uses the company or property owner’s announcement as its primary source. Future opening dates and planned occupancy are presented as announced and may change.

Primary source: Morningstar headquarters announcement.