May 1, 2026 - 01:14

San Francisco-based Databricks, a data and artificial intelligence company, is preparing to significantly expand its footprint in Chicago. The firm is close to finalizing a lease for roughly 50,000 square feet in the Franklin office building located at 227 W. Monroe Street. This move marks a major step up from its current setup, which relies on co-working spaces in the city.
Industry sources say the deal would make Databricks one of the larger new tenants in Chicago's downtown office market this year. The company has been growing fast, driven by demand for its AI and data analytics platforms. Choosing a traditional office lease over flexible co-working suggests a long-term commitment to the Chicago area.
The Franklin building, a well-known property in the Loop, offers modern amenities and easy access to transit. For Databricks, the space will likely support a growing team of engineers, sales staff, and corporate roles. The expansion reflects a broader trend of West Coast tech firms planting deeper roots in the Midwest, drawn by talent pools and lower costs compared to Silicon Valley. While the lease is not yet signed, sources indicate the deal is in advanced stages.
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