Daily News for Commercial Real Estate & Business – May 19, 2010

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

SCC sets August opening for renovated performing arts center When the newly renovated Performing Arts Center at Scottsdale Community College reopens in August, it will be a space dedicated to educating students but also able to accommodate their curling irons, scripts, pirouettes and paint. View article...

Postino Central partners to open the Windsor and Churn The brains behind the Postinos, Chelsea's Kitchen, Radio Café and La Grande Orange concepts are finalizing plans to bring two new concepts near Postino Central, their eatery just north of Camelback Road. View article...

Solar systems potentially on tap for west side Two of the region's - if not the state's - largest photovoltaic solar systems could land on the west side of town in the next year. View article...

Mesa backs San Tan Valley incorporation Mesa might get a new neighbor. Folks in an area unofficially called San Tan Valley, an unincorporated area southeast of Queen Creek in Pinal County, are mounting a petition drive in an effort to become Arizona's newest city. Not everyone likes the idea and no one knows what would happen if, as backers hope, the issue goes to the ballot in November. View article...

Salt River Project buys smart meters for stimulus project Salt River Project has begun purchasing more than 500,000 smart meters it plans to install, thanks in part to a $56.9 million stimulus grant. View article...

Advocates Tout a Property Rally The Mortgage Bankers Association has a piece of good news to deliver to the credit-starved commercial-property industry: The amount of commercial mortgages originated in the first quarter rose 12% from a year earlier. View article...

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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