Daily News from the desk of Nicholas L Miner, CCIM – August 10, 2009

Here are the news stories you might find interesting today:

Proposed asphalt plant in West Valley concerns residents

Peoria blocks Cabo Joe’s bar

Economy woes force Larry Miller Mazda to close

Dillard’s looks to change store at Fiesta Mall

Malls see surge in kiosk interest

Popular Phoenix eatery to close

Anthem apartments dodge foreclosure try

Phoenix to roll out green light district

The city of Phoenix will begin testing new light-emitting diodes in streetlights starting today.

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Towne Bancorp posts 2Q loss of $9.3M

Towne Bancorp, the holding company for Towne Bank of Arizona, reported a second-quarter net loss of $9.3 million, or $5.76 per diluted share, as the bank continues to struggle with a book of soured real estate loans and foreclosed properties.

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LMI Solutions buys W. Phoenix industrial building

LMI Solutions, a Phoenix print and imaging management solution company, is consolidating its operations from two sites northeast of Phoenix Sky Harbor International Airport to a single West Valley location.

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Phoenix transit ridership up 6 percent

Bad times for the economy appear to have been good news for Valley Metro.

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Verizon Wireless opens first store seeking LEED status

A Verizon Wireless store in Avondale is the company’s first to seek accreditation under the U.S. Green Building Council’s Leadership in Energy and Environmental Design program.

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Recession over? Not in Arizona, experts say

National publications and news stories may be declaring the recession at an end, but Arizona economists say it is too early to pop the champagne corks here.

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E.V. housing market shows signs of recovery

Mesa has seen an increase in new-home construction permit activity since falling below 20 in February. In June, the latest numbers available, permits totaled 72.

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Horne group buys, reopens Kia dealership

A Kia auto dealership in Gilbert that closed last November has reopened under a new name and a new owner.

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