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Discovery Partners Institute to Acquire 250 South Wacker Drive Office for $25 Million

QUANTUM COMPUTING

Discovery Partners Institute is in contract to purchase a 16-story office building at 250 South Wacker Drive, Chicago, for approximately $25 million from UBS. The building, mostly vacant after Molson Coors vacated its headquarters, was initially bought by Credit Suisse for about $90 million in 2011.

The deal follows the institute's abandoned plans for a larger development within The 78 project. The University of Illinois System confirmed it is moving forward with the purchase, but details remain undisclosed.

Discovery Partners Institute to Acquire 250 South Wacker Drive Office for $25 Million
Feb 7, 2026, 2:40 PM

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