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Daily News for Commercial Real Estate & Business – August 18, 2010

August 18, 2010 by Nick Miner, CCIM   No comments   Filed Under: Daily News

Deli concept born in down-on-luck Detroit finds ‘virgin territory’ in Valley office buildings Best friends Qisai “Q” Putrus and Randy Kassab watched their string of upscale delicatessens in Detroit slowly die, their customers losing their jobs with auto-industry vendors and entire buildings closing as the latest economic meltdown hit the Motor City. View article…

Two Hippies Pizzeria opens in Glendale Can three hippies expand their empire into near-chain proportions and still keep their hippy credibility? View article…

Blooze owner ready to start again after fire As fires go, this was not the worst. No one was hurt, it happened in the middle of the night, and it was extinguished quickly. View article…

Carpet company floors Ahwatukee with formula for success As the recession continues to claim small businesses, Ahwatukee Carpets will celebrate 19 years in business this fall. View article…

Peoria a step closer to landing Ottawa University campus Peoria appears one small step closer to landing a university, as City Council considers offering money or resources to lure Ottawa University. View article…

1,000 students moving in to ASU Poly residence halls Michelle Molina, 17, was a math whiz at Sandra Day O’Connor High School. Her dad is an engineer, she’s fascinated by engineering challenges and she wanted to go to Arizona State University. View article…

Goldwater Institute: Universities are bloated Goldwater Institute calls America’s top universities “inefficient” in its new report, “Administrative Bloat at American Universities: The Real Reason for High Costs in Higher Education.” View article…

Green building an essential part of Gilbert’s future growth Gilbert isn’t the first municipality to adopt a green-building focus. View article…

Office-Leasing Rebound Could Be Deceiving Even as the office market enjoys a rebound of leasing activity, some businesses are giving landlords the shivers by figuring out how to use less space per employee. View article…

Social network ad spending to hit $3.3B Global spending on advertising on social networking sites will grow to $4.26 billion next year from an estimated $3.3 billion this year, a report from eMarketer said. View article…

If you want a copy of the latest foreclosure spreadsheet, email me and I will send it to you.

Feel free to contact me regarding any of these stories, the current market, distressed commercial real estate opportunities or your property.

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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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