Here are the news articles you might find interesting today for commercial real estate and business:
Over Easy expanding with new Gilbert, Mesa restaurants Popular Phoenix breakfast joint Over Easy has gone east, with new restaurants in Gilbert and Mesa. Gilbert diners can stop by Over Easy at 211 E. Warner Road, while Mesa residents can make their way to 6451 E. Southern Ave. Both restaurants are open daily from 6 a.m. to 2 p.m., and each employs between 25 and 30 people. View article…
Denver’s Garbanzo Mediterranean restaurants expanding to Arizona Denver-based Garbanzo Mediterranean Grill announced Monday that it is expanding into Arizona with the awarding of franchise development rights to GMG Arizona, LLC. With the rights to develop 20 Garbanzo restaurants in the Phoenix and Tucson areas, GMG Arizona is planning to open its first location in the East Valley region of Phoenix, said Garbanzo. View article…
San Tan Brewing Company plans to expand San Tan Brewing Company has found the spot for their new 35,000-square-foot distribution facility. The new warehouse and production center will be located at 495 E. Warner Road in Chandler. According to HDE Agency for the past three years San Tan Brewing Company has had 100 percent growth in the local Arizona market, which has gotten them a reputation as Arizona leader in award-winning handcrafted beer. View article…
Twin Peaks to open in Phoenix, hire 100 Twin Peaks restaurant is looking to fill out the staff of more than 100 for its new Phoenix location set to open in March. View article…
Paddock Pools bought as new owners eye improving housing market Paddock Pools has been purchased by one of its former executives and a local businessman, who sense an opportunity with a recovering housing sector. Onetime Paddock executive Craig Maggi and former investment banker Tom McKee have acquired the Scottsdale-based pool builder, which was established in 1958. View article…
New report details Phoenix-area’s traffic congestion Phoenix ranks far below the most congested metro areas. The average number of hours drivers spend in jams also is included below. View article…
HOUSING:
Arizona home prices jump the most in U.S. U.S. home prices jumped by the most in 6 ½ years in December, with Arizona posting the highest surge among states. The increases were spurred by a low supply of available homes and rising demand, indicated a report Tuesday by CoreLogic, a real estate data provider. View article…
CoreLogic: Prices End 2012 with Biggest Annual Gain in Six Years National home prices ended the year by posting their biggest annual gain since May 2006, and prices rose in December for the 10th consecutive month, CoreLogic reported Tuesday. The data provider’s Home Price Index (HPI) registered a year-over-year increase of 8.3 percent in December when including distressed sales. View article…