Commercial Real Estate & Business News – September 29, 2017

Using Amazon’s Request for Proposal (RFP) and CoStar’s unparalleled database of commercial real estate information, the CoStar Market Analytics team developed a ranking of potential Amazon HQ2 destinations among metros with more than 1 million people. The rankings weigh: % of a metro’s population holding a bachelor’s degree or higher, the total number of computer and mathematics jobs in the metro, the rate of tech-related job growth from 2013-15…»
We know there’s a widening geographic economic gap in the United States, most vividly described in the months leading up to the 2016 election as a battle between the “left behind” and the “coastal elites.”Now we have new detail on how that breaks down by locality. One in six Americans are living in ZIP codes that are considered economically “distressed,” according to the Economic Innovation Group’s 2017 Distressed Communities Index…»
The board that oversees the taxpayer-funded Maricopa Medical Center on Wednesday approved the construction of a $70 million multispecialty clinic in Peoria. The Maricopa Integrated Health System district board’s vote allows construction of a 127,000-square-foot clinic at Grand Avenue and Cotton Crossing, several blocks east of Peoria’s municipal center…»
Helios Education Foundation broke ground for its 65,000-square-foot education campus in Phoenix. The $40 million construction project is expected to be completed by January 2019, and will be the new home for the 21 Helios employees as well as offices for Helios education partners. Helios also serves the Florida market, employing seven people there…»
Hines, the international real estate firm, recently broke ground on the Offices at Chandler Viridian and announced that Stantec, an architectural, engineering, planning and environmental services company, will locate its Southwest regional office there. The Offices at Chandler Viridian is a six-story, Class-A office building with 250,000 square feet of space located at the intersection of Loop 101 and Loop 202…»