Regions Southwest | Phoenix
Silver State Bancorp Takes Loss
May 1, 2008

Silver State Bancorp. has been hit by the bad real estate markets in Nevada and Arizona, according to a report in The Business Journal of Phoenix. It closed its deal to buy Choice Bank with its Valley branches in April. It plans to open new branches in Ahwatukee, Tolleson and Mesa in 2008. In 2009, plans call for ones to open in Fountain Hills, Chandler, north Phoenix and Peoria.

 
Recent Phoenix Headlines
Parkway Properties Forms $750M Discretionary Fund with Teacher Retirement System
May 16, 2008
Parkway Properties Inc.  has signed limited partnership agreement forming Parkway Properties Office Fund II L.P.,  a $750 million discretionary fund with the Teacher Retirement System of Texas, for the purpose of acquiring high-quality multi-tenant office properties.
Macy's Expands in Phoenix Area with Three New Stores
May 16, 2008
Three new Macy's will open their doors in the Phoenix area within the next two years, a move that is part of the chain's goal of making their stores the leading fashion destination in their respective communities.
Two Stores Underway for Retailers in Laveen, near Phoenix
May 14, 2008
Laveen Ranch Marketplace, a new 100,000-square-foot project by Evergreen Development Co. in the burgeoning Phoenix submarket of Laveen, prepares for new tenants as Safeway kicks off construction of a 55,000-square-foot store and work commences on a freestanding store adjacent to the supermarket for Fletcher Tire.
Louisiana Beer Distributor Expands Westward
May 12, 2008 - Source: Arizona Republic
Crescent Crown Distributing sustained $18 million in damage after Hurricane Katrina, but its expansion into Arizona means that today it is poised to be the largest employer in the town of Surprise.
Alter Sells 2 Phoenix Industrial Properties for $41M
May 09, 2008
The Alter Group has sold two distribution buildings totaling 684,000 square feet at its 162-acre Buckeye Logistics Center in Phoenix.