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Commercial Real Estate & Business News – December 3, 2012

December 3, 2012 by Nick Miner, CCIM   No comments   Filed Under: Daily News

Here are the news articles you might find interesting today for commercial real estate and business:

Land sale for Green Valley hospital passes The purchase of land for the first hospital in the southern Arizona town of Green Valley has become final. The Green Valley News and Sun reports the sale of the 22-acre site closed Friday between landowner Fairfield Homes and developer McDowell Enterprises of Scottsdale. A sale price was not disclosed. View article…

Scottsdale’s Pig & Pickle to open restaurant, hold job fair Though it will open this weekend, Scottsdale’s newest restaurant Pig & Pickle will host a job fair the following Sunday to fill out its front- and back-of-the-house staff. The fair will be Dec. 9 at the restaurant, which is at 2922 N. Hayden Road at the northwest corner of Hayden and Thomas roads, and run from 1 p.m. to 3 p.m. View article…

Wilhelm Automotive kicks off franchising push One of Arizona’s oldest auto shops has begun franchising. Peoria-based Wilhelm Automotive, which opened in 1928, will open its first franchised location at the Scottsdale Airpark next month. A soft opening is set for Dec. 3 while a grand opening is in the plans for after the New Year. The new shop will be at 15455 N. 83rd Way in Scottsdale and employ about a dozen people. View article…

Phoenix urbanites hunger for downtown grocery Phoenix’s downtown core has undergone an economic and cultural rebirth in the past few years, adding sleek skyscrapers, an outdoor shopping center, restaurants, nightlife and hundreds of new residents. But one piece of the development puzzle has remained elusive in the city’s heart: a big grocery store. View article…

HOUSING:
Trulia: Housing Recovery Nears Halfway Mark The housing recovery is nearly halfway complete, according to Trulia’s Housing Barometer, which in October posted its largest increase since it began tracking recovery 18 months ago. Trulia monitors delinquency and foreclosure rates, existing home sales, and construction starts and compares them with their worst points during the housing crisis and their normal pre-bubble levels. All three indicators showed improvement in October. View article…

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Nick Miner, CCIM

ORION Investment Real Estate
7150 E. Camelback Road
Suite 425
Scottsdale, AZ 85251

480-226-8037
nick@nickminer.com

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