Daily News from the desk of Nicholas L Miner, CCIM – August 12, 2009

Here are the news stories you might find interesting today:

Babaloos a Cuban delight in Ahwatukee

82,288-Square-Foot Industrial Building Sells for $4.32 Million in Phoenix

PHOENIX – LMI Solutions has acquired an 82,288-square-foot freestanding industrial building, which is located within Triangle Industrial park at 46 North 49th Ave. in Phoenix, for $4.32 million. The property features 3,000 square feet of office space, 12 docks, two grade-level doors and 30-foot ceiling height.

Phoenix ranks next-to-last in health, education job growth

Not all parts of the national economy are struggling. Hiring continues in the fields of education and health services, which have added nearly a quarter-million jobs in the nation’s 100 biggest labor markets since the middle of last year.

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Entrepreneur’ magazine ranks Phoenix among top 10 U.S. cities to start a business

The August issue of Entrepreneur magazine features its editors’ take on the 10 best cities in which to start a business, and Phoenix makes the grade.

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Deloitte: Consumer spending still down

The Deloitte Consumer Spending Index rose in July, helped by slacking unemployment claims and tax burdens, along with a jump in real wages.

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Advisory commission set to vote on future of Scottsdale Airport

A vote is expected Wednesday evening that will help steer the future of the Scottsdale Airport.

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Everest Targets Distressed MF with Hire

SCOTTSDALE, AZ-Michael Gusich brings expertise from Alterra Capital to help the local firm nab up to 10,000 units during the next two years.

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Construction begins on Coolidge power station

TransCanada began construction Tuesday on a $500 million, 575-megawatt power facility in Coolidge.

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Rug cleaner moves from Tempe to Chandler

Norma McCormick just moved 3-year-old Norma’s Fine Oriental Rug Cleaning from Tempe to Chandler.

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