Midwest

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 rent controlled unit does not ensure that the benefit of that unit goes to a household most in need.

Reonomy also reports that as of July 2018, there has been an acceleration of price appreciation in non-Opportunity Zone assets and a deceleration of price appreciation in Opportunity Zone assets.

Buildings now compete differently than they have before, says Linda Aronson, JLL's regional manager for property management for the New York Tri-State market

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.