Chicago

The company's growth in the past year and the tight office market in Evanston made expansion difficult in that market. The move consolidates Opex Analytics' operations under one roof, company officials explain.

Planet Fitness signed a lease for 20,800 square feet at the Shops at Schaumburg Court at Barrington and Schaumburg Roads in Schaumburg.

Corvias will be responsible for the development and management of the student housing project. Other partners include Dirk Denison Architects for the design and Gilbane Building Co. for the construction of the Bailey Hall renovation.

Financial terms of the transaction were not disclosed for the complex that for decades served as the headquarters for McDonald's until the firm's relocation last year to approximately 470,000 square feet of space at Sterling Bay's 1045 W. Randolph St. in Downtown Chicago.

A total of 28 new lease deals 500,000 square feet or larger have been negotiated since 2016 in Chicago's industrial market. While 28 deals definitely show a strong market, half of those transactions occurred in 2016.

Discovery Labs is targeting major markets across the US and also has several international locations in its plans as well. Target domestic markets include: Boston; New York City; Northern New Jersey; Washington, DC; Raleigh-Durham, NC; Chicago, Houston, Austin, San Diego, Los Angeles, San Francisco and Seattle.