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Lee & Associates - Arizona | Week in Review | Friday, May 9, 2014

05/09/2014


LOCAL NEWS

 

Lee in the News: Plastics Co. Expanding into Valley with New Manufacturing Plant

Inteplast Group Ltd. in Livingston, N.J. (Dr. John Young, pres.) plans to hire 70 workers in a plastics manufacturing facility the company is opening in Phoenix. BREW

 

Lee in the News: DM Nutraceuticals Leases 33,624 SF For 10+ Years at Tempe Distribution Center

A nutraceuticals manufacturer leased 33,624 SF for 10+ years at Tempe Distribution Center, 1895 S. Los Feliz Dr., Tempe. COMMERCIAL EXECUTIVE

 

CyrusOne breaks ground on new Chandler data center

CyrusOne is further on its way to creating one of the world’s largest data centers as it broke ground Wednesday in Chandler on its second building there. PHOENIX BUSINESS JOURNAL

 

Tesla to break ground soon on not one, but two battery factory sites

Tesla Motors Inc. will break ground on its $4 billion battery factory next month, and follow that up by breaking ground on a back-up site sometime in the following month or two, officials said Wednesday. AZCENTRAL

 

Hayden Ferry Lakeside III breaks ground

Tempe Mayor Mark Mitchell and Tempe city council members joined developer Ryan Companies, architect DAVIS, owner Parkway Properties and other community leaders to celebrate the start of construction of Hayden Ferry Lakeside III (HFL III) on the corner of Mill Avenue and Rio Salado Parkway. AZ BIG MEDIA

 

WinCo announces opening of Phoenix distribution center

WinCo Foods LLC announced today that it will begin shipping from its newest distribution center located at 7502 W. Durango St., Phoenix, Arizona, on Monday, May 14, 2014. AZ BIG MEDIA

 

Expo magazine ranks Phoenix Convention Center No. 2 in the nation

Expo magazine ranked Phoenix as the No. 2 most popular destination to hold trade shows and events, right behind Las Vegas and right in front of Chicago. AZCENTRAL

 

 

NATIONAL & INTERNATIONAL NEWS

 

Lee in the News: Lee & Associates’ Harlem Shakers

Henry Goldfarb and Stanley Lindenfeld are ushering in a new renaissance uptown, but aim to keep the neighborhood’s identity intact. COMMERCIAL OBSERVER

 

Bay Area ranks as the best commercial real estate market in the country, again

For the second year in a row, the Bay Area ranked as the best market for commercial real estate in the country, according to a report from the Wells Fargo Economics Group.
SILICON VALLEY BUSINESS JOURNAL

 

Ganja Gets Warehouse Owners Buzzing as Pot Farms Thrive

It took less than 24 hours for real estate broker Bob Costello to sell a 40,000-square-foot warehouse with a leaky roof in Denver. His client paid cash and plans to turn the property into an indoor marijuana farm. BLOOMBERG

                  

 

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05/09/2014 - 09:00

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