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Drywall giant USG renews Chicago HQ lease, but for less space

Company reduces downtown office footprint in long-term deal
USG has renewed its headquarters lease at 550 W. Adams St. in Chicago. (Robert Gigliotti/CoStar)
USG has renewed its headquarters lease at 550 W. Adams St. in Chicago. (Robert Gigliotti/CoStar)
CoStar News
November 20, 2025 | 7:22 P.M.

Drywall maker USG has made a long-term commitment to remain in its Chicago headquarters at the western edge of the Loop business district, adding to a trend of tenants cutting space as they renew leases or relocate.

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