Advanced Cooling Systems Factory Opens in Mesa, 300,000SF Facility to Follow

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XNRGY Climate Systems, a North American manufacturer of sustainable liquid and air-cooling technologies as well as control systems, celebrated the grand opening of its Mesa 1 manufacturing facility with a ribbon-cutting ceremony in Mesa, Arizona. The celebratory event was attended by over 200 people including Arizona dignitaries, XNRGY's customers and partners, and XNRGY's … [More]

Developer Launches 8.5 Acre Business Park to Drive Glendale’s Industrial Expansion

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The Mangat Group announced the launch of MG Business Park, a brand-new industrial condominium development located on the southeast corner of Glendale Avenue and New River Road in Glendale, Ariz. The 8.5-acre site, zoned M-1 (Light Industrial) by the City of Glendale, will feature 36 units across five buildings, totaling more than 84,000 square feet of small-bay industrial … [More]

$3.6M Acquisition in Gilbert Highlights Demand Shift from Lease to Own

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On behalf of ViaWest Group, the Phoenix office of JLL has completed the sale of a 13,547-square-foot industrial building in Gilbert, Arizona to an owner-user buyer. Part of a six-building industrial portfolio acquired by ViaWest last year, the $3,589,955 sale highlights a demand among operators to own, versus lease, space. Located at 2020 W. Guadalupe Rd., between Country … [More]

ASU Completes $185M Interdisciplinary Sciences Building in Mesa

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Arizona State University, in partnership with integrated design team SmithGroup and general contractor McCarthy Building Companies, has completed construction of the $185 million Interdisciplinary Science and Technology Building 12 (ISTB 12) at ASU’s Polytechnic campus in Mesa, Ariz. The state-of-the-art facility serves as the cornerstone for the Ira A. Fulton Schools of … [More]

Amkor Begins CEO Transition, Finalization Set for January

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Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, announced financial results for the third quarter ended September 30, 2025 and a chief executive officer succession plan. “Amkor delivered third quarter revenue of $1.99 billion, a 31% sequential increase, fueled by demand for Advanced packaging, which set a new revenue record,” said … [More]

Job Corps Partnership Opens Seats in High-Demand Skilled Programs

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StrataTech Education Group, a leading operator of skilled trade schools, has partnered with Adams and Associates and the Phoenix Job Corps Center to provide specialized technical training and scholarship opportunities for local Arizona students pursuing a career in the skilled trades. Through this partnership, PJCC students will gain access to professional training programs in … [More]

Baylor Taps Phoenix-Based Infrastructure Provider to Build New Central Utility Plant

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Baylor University and Cordia have entered into a Pre-development Agreement to develop a solution to modernize the University’s energy system, delivering reliable, cost-efficient, and sustainable energy for the 1,000-acre campus in Waco, Texas. Under the PDA, Baylor and Cordia will define the details of a long-term partnership in which Cordia will design, build, finance, … [More]

$59B Over a Decade: Banner-UA Alliance Fuels Jobs, Care, and Research

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The Arizona Board of Regents convened leaders from the organizations to speak about the significance of this decade of partnership, and to share their vision for the decade ahead. The gathering included the publication of a new report indicating the economic impact of the tripartite agreement to expand medical education, advance clinical research and innovation and elevate and … [More]

Black Rock Partners with Modular Builder to deliver 20+ New Locations in 2026

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Russo Modular today announced a major partnership with Black Rock Coffee Bar to deliver an estimated 20-30 modular buildings throughout 2026. The collaboration, which began with several successful projects before Black Rock's recent public offering, represents the type of relationship that's transforming how we approach commercial construction. "Black Rock wanted … [More]

Phoenix Energy Tech Co. Secures $33M Cross-Border Licensing Deal

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FlooidCX Corp. Quantum Energy Corporation, worldwide exclusive licensee and manufacturer of transformative Direct Energy Systems for the direct generation and distribution of electrical energy, announced it has executed a Standstill Agreement which will include an Exclusive Manufacturing and Licensed Distribution Agreement with CONSTRUCTORA ELÉCTRICA LATINOAMÉRICA, located at … [More]

Carvana Joins Consortium Safeguarding R&D from from Patent Trolls

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Carvana, an industry pioneer for buying and selling used cars online, announced that it has joined LOT Network, a global consortium of companies committed to protecting innovation by deterring frivolous litigation from patent assertion entities. Carvana develops most of its technology in-house, from its online purchase platform to systems powering merchandising and … [More]

Family-Owned Italian Chain Overhauls Flagship Location with New Market and Modern Design

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More than two decades after first opening its doors in 2002, Babbo Italian Eatery is expanding its original Arrowhead location — the restaurant where it all began. What started as a cozy 22-seat, bring-your-own-bottle neighborhood eatery has evolved into a 5,000-square-foot dining destination featuring a full private dining room, expanded bar, wine wall, updated patio, and the … [More]

Valley Flight Training Center Pens Training Agreement with US Airforce

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AeroGuard Flight Training Center, a leading provider of flight training with over 25 years' experience training professional pilots, is excited to announce a new program with the United States Air Force to provide high-quality training for its student pilots. Through this agreement, AeroGuard will provide the initial flight training for Air Force pilots, equipping them with the … [More]

$13B in Untapped Gains: How Housing Affordability Is Key to Arizona’s Economic Future

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Arizonans have made housing affordability one of their top priorities, and the economic case for action is clear. According to new analysis from Unlocking Potential: Turn Arizona’s Priorities into Economic Gains, a report released by Center for the Future of Arizona (CFA), tackling the state’s housing affordability crisis could unlock billions, support jobs, reduce strain on … [More]

Case Study: Rio Salado Partnership Delivers Virtual Support Community, Improves Outcomes

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Rio Salado College, one of the nation's largest online public colleges, has had over four years of success with RioConnect, its pioneering virtual community that fosters peer-to-peer connection and belonging in online learning. Built in collaboration with InScribe, RioConnect has scaled from an initial pilot into a central hub of student life, with tens of thousands of members … [More]

Valley Real Estate Brokerage Surpasses $1B in Sales

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Arizona-based luxury real estate brokerage America One announced they have surpassed $1,000,000,000 in sales volume since 2018, marking a defining achievement for the firm and for 2 of the 5 Co-owners Maximilian de Melo and Patrick Niederdrenk, who have quickly become two of the most recognized names in Arizona's high-end real estate market. Owned and … [More]

Credit Union Expands Valley Footprint with Two New Locations

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OneAZ Credit Union has officially broken ground on its newest branches in Peoria and Surprise, marking an exciting milestone in the organization’s statewide growth. Designed in partnership with NewGround International, these innovative locations will serve as community hubs where Arizonans can connect, learn, and grow — far beyond traditional banking. "Breaking ground on … [More]

Phoenix’s Vacant Office Space Re-Imagined: Co-Living Conversions

by Alex Horowitz and Tushar Kansal

With office vacancy rates and housing costs near all-time highs, cities across the United States have been searching for ways to turn empty office space into housing, and particularly into lower-cost homes. But that seemingly promising idea has been hard to realize, in large part because of logistical challenges—primarily, plumbing that is confined to the building’s central … [More]

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