Daily News from the desk of Nicholas L Miner, CCIM – April 20, 2009

Here are the news stories you might find interesting today:

I attended the Retail Costar Webinar on Friday. You can download the report that was presented. If you want an analysis on your property and how it compares to the Phoenix Market, give me a call.

Click here for the 1st Quarter 2009 Industrial Review

Desert Ridge awaits better days ahead

Tempe hopes MADCAP could be temporary Centerpoint solution

ASU West still planning campus growth

$6.8M in stimulus funds for park and ride

Park Promenade features miniature railroad

Fed closes American Sterling Bank

22-ACRE MOUNTAIN RANCH MARKETPLACE UNDERWAY

GOODYEAR, ARIZ. - Kitchell Development and Newland Communities have partnered to develop Mountain Ranch Marketplace, a 22-acre shopping center located at the entrance to the master-planned Estrella community in Goodyear. The 109,000-square-foot first phase is currently under construction. The center will be anchored by a 49,343-square-foot Bashas' Supermarket, which is slated to open in November. Other signed tenants include Mini-Skool Early Learning Centers, Chase, Walgreens, Papa John's, Great Clips, The UPS Store, Estrella Family Cosmetic Dentistry and Nails of the World. Designed by Butler Design Group in a cottage-bungalow style, the center will offer 165,000 square feet of grocery and retail space when completed.

Cold Stone Creamery attributes sales spike to new ice cream cupcakes

Cold Stone Creamery posted a double-digit sales increase following the February launch of its new product, ice cream cupcakes.

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AAA Arizona moving central Phoenix customer service operations

AAA Arizona is moving its Phoenix branch office to new space this month.

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Solar power plant to be built near Kingman

PHOENIX - A Spanish company announced plans Monday to build a solar power plant in northwest Arizona that could power 70,000 homes. The solar concentrator operation to be built near Kingman would be the first U.S. operation for Albiasa Corp.

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INVESTMENT GROUP PAYS 11+ MILLION FOR 1,528 DEVELOPED LOTS AT TARTESSO WEST
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SORENSON GROUP HOLDINGS MUM ON DEAL FOR COMMERCIAL LOAN POOL FROM FDIC
Full story

For a FREE market evaluation of your property, contact me immediately!

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