USG

Cushman & Wakefield Secures Lease Restructuring and Extension for USG Global Headquarters

Extensive process culminates in renewal at 550 W. Adams St. in Chicago CHICAGO, February 14, 2019 – Cushman & Wakefield has represented USG Corporation in restructuring and securing a 10-year lease extension for the company’s global headquarters at 550 W. Adams St. in Chicago. The global building materials manufacturer will remain in 220,000 square feet (SF) on floors 11 through 18. Chris Wood, David Stefancic and Brian Duffy represented USG in lease negotiations. Joy Jordan and Emily Marquardt of Telos Group represented the landlord, GLL Real Estate Partners. Cushman & Wakefield will also provide project management services to USG as part of a renovation of the headquarter facilities. Chris Wood, Executive Managing Director, Transaction Advisory at Cushman & Wakefield Chicago, “USG has been based in Chicago for more than 100 years. The company executed an in-depth and detailed search for office space, looking at existing buildings in the central business [...]