Daily News for Commercial Real Estate & Business – July 15, 2010

Here are the news stories you might find interesting today regarding commercial real estate and business:

To view this weeks, "The Watchlist" by Costar, click here. The first article, "Office Markets Have Bottomed" is a quick read.

eBay Leases Chandler Echelon I eBay signed a 10-year lease for the 188,730-square-foot Chandler Echelon I in Chandler, AZ. The San Jose, CA-based Internet company plans to take occupancy in the fourth quarter. View article...

EEye Digital Security moves to Phoenix from California Phoenix is getting a new company headquarters as eEye Digital Security moves its shop here from California. View article...

Digital Realty Trust buys 365 Main assets Digital Realty Trust Inc. is buying the assets of data center developer Rockford Capital and 365 Main for $725 million, a deal that includes one property in the Phoenix area. View article...

BOMA Announces TOBY Award Winners The Building Owners and Managers Association (BOMA) International honored 14 commercial buildings with of The Outstanding Building of the Year (TOBY) Award at its annual conference in Long Beach, CA. A record 94 buildings competed for the prestigious award. View article...

$40M Retail Center First to Receive LEED Gold in AZ Mountain Ranch Marketplace, a Safeway-anchored shopping center, has received LEED Gold certification by the U.S. Green Building Council. It is the first neighborhood shopping center in Arizona, and one of the few in the nation, to receive the prestigious ranking. View article...

Phoenix to bid $3.2 million on museum property Phoenix will bid $3.2 million Thursday on a property that houses an important museum in north Phoenix. View article...

US Bank opens 79th Arizona branch U.S. Bank has opened a new branch inside the Fry's Marketplace store at 1300 S. Watson Road in Buckeye. View article...

Scottsdale police open kiosk at Fashion Square mall Visitors to Scottsdale Fashion Square will now see a Scottsdale police car on permanent display as part of the Police Department's new outreach program. View article...

Arizona immigration law opens farm jobs to unemployed For years, both sides of the immigration issue have debated whether immigrants take jobs that Americans won't. View article...

Leslie's Poolmart could make $1B+ splash Leslie's Poolmart Inc., a Phoenix company with more than 600 stores across the U.S. is in play. View article...

Colony, Cogsville Team Up in FDIC Asset Sale A partnership between Tom Barrack's Colony Capital LLC and a minority-owned investment firm won the bidding for a $1.85 billion portfolio of distressed commercial real-estate loans auctioned off by the Federal Deposit Insurance Corp. View article...

CNBC: Arizona No. 18 for business CNBC has released its annual rankings of America's Top States for Business, and Arizona came in at No. 18 for the second year in a row. View article...

Phoenix down 50k manufacturing jobs this decade The Phoenix area has lost almost 50,000 manufacturing jobs this decade, the 16th most of the 100 largest metro areas in the nation. View article...

If you want a copy of the latest foreclosure spreadsheet, email me and I will send it to you.

Feel free to contact me regarding any of these stories, the current market, distressed commercial real estate opportunities or your property.

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