Daily News from the desk of Nicholas L Miner, CCIM – June 15, 2009

Here are the news stories you might find interesting today:

GM ends its operations at Mesa test track

New downtown restaurant opens

Tiffany & Bosco consolidates units at Squaw Peak

Tiffany & Bosco P.A. will combine its national default and financial services, REO closing services and loan servicing groups at Squaw Peak Corporate Center.

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Sheraton Wild Horse pass opens new ballroom, meeting facilities

The Sheraton Wild Horse Pass Resort and Spa in Chandler will unveil a new ballroom and meeting space at an invitation-only Open House for meeting planners and others in the hospitality industry on June 18.

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Power Square Mall plans vendor event

Power Square Mall will host H.O.P.E. Expo, a June 27-28 event featuring local vendors.

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LOS ANGELES ANGELS OWNER ARTE MORENO BUYS HOUSING PROJECT NEAR THE BILTMORE

Phoenix - ACJ Properties Biltmore Courts LLC in Phoenix, a company formed by Los Angeles Angels owner Arte Moreno, paid $2.31 million to buy a nearly complete luxury townhouse project located near the Biltmore area of Phoenix. The seller was National Bank of Arizona in Phoenix. The bank took title to the property through a deed in lieu of foreclosure process.
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ANOTHER VALLEY HOTEL IN DEFAULT . . . TRUSTEE's SALE SET FOR CROWN PLAZA PHOENIX

Phoenix - The 250-room Crowne Plaza Phoenix hotel located at 2532 W. Peoria Avenue in Phoenix is scheduled to be sold at a trustee's sale on August 31.
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Buyer Pays $20M for Distressed Villagio

TEMPE, AZ-Stonecraft Homes beats out multiple offers for the 472-unit class B complex which had been foreclosed on in late 2008.

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SanTan Village adding four new businesses

SanTan Village in Gilbert is adding four newcomers to its roster of stores.

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TEMPE SPECIFIC:

PLAN CHECK SUBMITTALS

05/06/09 - ADDITION/ALTERATION at 3225 S. Hardy Dr. for Pinnacle Education

Declared Valuation: $310,000 Plan Check No.: PC09-0316

05/06/09 - NEW BUILDING at 8775 S. Priest Dr. for Midfirst Bank

Declared Valuation: $2,300,000 Plan Check No.: PC09-0318

05/08/09 - TENANT IMPROVEMENT at 1255 W. Washington St. 1st Flr, for Sonora Quest Laboratories Declared Valuation: $361,500 Plan Check No.: PC09-0329

05/12/09 - NEW BUILDING at 830 S. Mill Ave. for Chase Bank

Declared Valuation: $402,200 Plan Check No.: PC09-0335

05/14/09 - ADDITION/ALTERATION at 1949 E. University Dr. for The Element @ ASU

Declared Valuation: $300,000 Plan Check No.: PC09-0351

05/18/09 - ADDITION/ALTERATION at 7303 S. Kyrene Rd. for Arizona Production & Packaging Declared Valuation: $280,000 Plan Check No.: PC09-0361

05/19/09 - NEW PARK RAMADAS at 6300 All America Way for Kiwanis Park

Declared Valuation: $500,000 Plan Check No.: PC09-0362

05/27/09 - TENANT IMPROVEMENT at 1255 W. Washington St., 2nd Flr, for Sonora Quest Laboratories Declared Valuation: $300,500 Plan Check No.: PC09-0384

PERMITS ISSUED

05/14/09 - ADDITION/ALTERATION at 1724 W. 3rd St. for Cardinal Health

Declared Valuation: $225,000 Plan Check No.: PC09-0188

05/19/09 - ADDITION/ALTERATION at 7303 S.Kyrene Rd. for Arizona Production & Packaging Declared Valuation: $500,000 Plan Check No.: PC09-0201

05/19/09 - ADDITION/ALTERATION at 1050 E. Carver Rd. for CI Waggoner Elementary School Declared Valuation: $225,000 Plan Check No.: PC09-0284

05/21/09 - NEW BUILDING at 5802 S. All American Way for City of Tempe/Kiwanis Park

Declared Valuation: $350,000 Plan Check No.: PC09-0015

05/27/09 - TENANT IMPROVEMENT at 1930 W. University Dr. for US Airways North Bldg. Declared Valuation: $200,000 Plan Check No.: PC09-0070

PERMITS FINALLED

05/06/09 - ADDITION/ALTERATION at 8150 S. Kyrene Rd. for Roadrunner - Phase 2

Declared Valuation: $3,583,700 Plan Check No.: PC08-0875

05/15/09 - ADDITION/ALTERATION at 1430 E. Cedar St. for Hudson Park

Declared Valuation: $800,000 Plan Check No.: PC08-0158

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

Comments

  1. It’s nice to see there’s still some business going on in this economy.

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