Phoenix Business News from Biz Journals

• Ohio developer buys Centerpoint for $30M, plans to finish by summer 2011 September 2, 2010
  The unfinished Centerpoint high-rise project in downtown Tempe has been sold to Cleveland-based Zaremba Group.
• Kyl, Cornyn question criminal process for illegal immigrants September 2, 2010
  U.S. Sens. Jon Kyl of Arizona and John Cornyn of Texas are concerned the Obama administration may be letting illegal immigrants who have committed crimes back on the streets unnecessarily.
• Leadership Summit aims for economic boost September 2, 2010
  Leadership Summit Arizona will feature business luminaries who seek to energize the state economy.
• Algae fuel company leases 15,000SF September 2, 2010
  Heliae Development LLC has signed a 60-month lease at the 202 Business Park in Gilbert. Heliae is a spinoff company that started as part of the algae-based technology program at Arizona State University’s Polytechnic campus in Mesa.
• Cox gets social with Digi contest September 2, 2010
  Cox Communications is embracing its social media side with a contest that could give someone a free year of cable, Internet and phone service.
• Court One buys $2.8M site for elite sports training facility September 2, 2010
  A company called Court One of Phoenix paid $2.8 million for a distribution and warehouse building in Tempe off Interstate 10.
• Justice sues Joe Arpaio over immigration raids September 2, 2010
  The U.S. Department of Justice has sued Maricopa County Sheriff Joe Arpaio for failure to cooperate with a federal investigation into his immigration raids and crime sweeps.
• Arizona Diamondbacks, University of Phoenix giving tickets to top students September 2, 2010
  The Arizona Diamondbacks and University of Phoenix are partnering on a program to give baseball tickets to middle and high school students who make good grades.
• Networking Calendar: Sept. 3, 2010 September 2, 2010
  To submit networking meeting or event information, e-mail phoenixcalendars@bizjournals.com.
• Arizona ranks 45th in education, but gets B- for reform September 2, 2010
  A perennial bottom surfer in education rankings Arizona landed at No. 45 for educational performance but did get a B- for educational reform efforts in the American Legislative Exchange Council’s Report Card on American Education.