Daily News – August 25, 2009

Here are the news stories you might find interesting today:

The Vue student housing development

Cabo Joe’s owner drops plan for bar

Stalled subdivisions are coming back to life

Retail project worries residents

Arizona Club may close its facilities at the top of Chase Tower

Legoland owner plans aquarium at Arizona Mills

A $15 million aquarium is planned for Arizona Mills mall in Tempe, a global leisure giant announced Monday.

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944′ expands with Atlanta, Detroit editions

Oct. 1 will be a big day for Phoenix-based 944 Media LLC, the date the company launches new regional editions of its fashion, lifestyle and entertainment magazine in Atlanta and Detroit.

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Occupancy figures show Phoenix-area hotels still caught in recession’s grip

The tourism industry continues its recession-induced suffering, with the nation’s hotel industry posting declines in three key categories for the month of July, according to statistics released Monday.

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Microsoft begins hiring for retail stores in Arizona, California

Microsoft Corp. has begun seeking job applicants for its upcoming retail stores in Scottsdale, Ariz., and Mission Viejo, Calif. (MSFT)

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AT&T launches nine new cell sites

AT&T has unveiled nine new cellular sites around the Valley as the company continues to bolster its presence in its upgraded network. (T)

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Buffalo Wild Wings Opens 600th Restaurant; On Track to 1,000
Buffalo Wild Wings (NASDAQ: BWLD) recently celebrated the grand opening of its 600th restaurant. The sports grill and bar chain that specializes in Buffalo, NY-style chicken wings and signature sauces, opened the restaurant in Wilson, North Carolina. In a statement, Sally Smith, the company’s president and CEO said that despite the tough economic environment, Buffalo Wild Wings has continued to move forward on its growth plan to reach 1,000 restaurants nationwide.

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Each day I sort through various industry publications and local news sources and narrow down the top local articles that matter to commercial real estate owners and business owners.

Please feel free to contact me regarding these stories, the current market, distressed opportunities or your property.

Lastly, please let me know if there is somebody that could benefit from receiving my daily news.