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Discovery Partners Institute is set to acquire a 16-story office building at 250 South Wacker Drive, Chicago, for around $25 million from UBS. The property, constructed in the 1950s, has seen significant vacancy following Molson Coors Brewing Company's relocation of its headquarters in 2023.

UBS previously purchased the building for about $90 million in 2011. The acquisition aligns with a trend of discounted office buildings in Chicago. Discovery Partners Institute, focusing on artificial intelligence and quantum computing, has been searching for a permanent location after withdrawing from plans for a facility in The 78 megadevelopment.