Here are the news articles you might find interesting today for commercial real estate and business:
Orion Investment Real Estate Negotiates Purchase of 256-Unit Multifamily Asset on Behalf of Weidner Apartment Homes The ORION Multifamily Group of Orion Investment Real Estate has announced the closing of the 256-unit "Class A" apartment project - Pala Mesa Apartments - for $22,600,000 ($88,281 per unit). The buyer, Weidner Apartment Homes is among the most experienced multifamily real estate operating companies in the United States and one of the largest multifamily owner's in Arizona. View article...
Sam Fox's next restaurant takes a redevelopment spin Local restaurateur Sam Fox is looking to make a mark on 7th Street just south of Montebello Ave. in North Central Phoenix as he teams with WDP Partners on a redevelopment project called the Yard, which will include a number of new eateries as well as a large open space that will feature games and live music. The restaurants will be housed in the old Ducati and Kawasaki garage and dealership building at 5632 N. 7th St. View article...
Sweet Tomatoes' parent launching Field Kitchen concept in Arizona Sweet Tomatoes' parent company has picked Phoenix to test a new crop of restaurants called Field Kitchen. San Diego-based Garden Fresh Restaurant Corp. will pump about $2 million into converting six local Sweet Tomatoes sites into Field Kitchens during the next two months. The company also has hired 250 people to staff the restaurants. View article...
Banner Health buys Phoenix hospice for $3.7 million Banner Health has acquired the Phoenix-area operations of Odyssey Hospice for $3.7 million, a move that propels the nonprofit health care provider's goal of expanding its hospice services, according to a company statement Thursday. View article...
Tempe 'naturopathic' college part of growing health care trend While spending several years working as a pharmacy tech, Steven Katz saw too many patients with too many medicines, some even prescribed to counter the effects of others. So rather than entering pharmacy school as he had planned, Katz decided to take a different approach: naturopathic medicine. View article...
ASU ends negotiations with Cubs over sharing ballpark Arizona State University has pulled the plug on moving its baseball program to the new Chicago Cubs spring training ballpark being built in Mesa. "After many months of negotiation, ASU regrets that the effort to have the ASU baseball team play in the new Cubs stadium in Mesa has failed," the ASU Athletic Department said in a statement. View article...
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