A first-time homebuyer must earn roughly $64,500 per year to afford the typical U.S. “starter” home, up 13% ($7,200) from a year ago, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s due to the one-two punch of higher mortgage rates and higher home prices. The typical starter home sold for a record $243,000 in … [More]
Tempe Chamber Makes Impact with Diversity in Leadership Conference
The Tempe Chamber of Commerce recently held their Diversity in Leadership Conference at the Embassy Suites in Tempe, emceed by Nicole Crites, Arizona’s Family Anchor. Over 200 of the Valley’s stakeholder business professionals were in attendance to exchange ideas, learn best practices and collaborate on creating initiatives that foster diversity and enhance leadership … [More]
40 Acres of Rail-Served Land Sells, Seen as Benefit to Semiconductor Suppliers
NRS Logistics America Inc., a national provider of chemical and gas logistic services, closed on 40 acres in Casa Grande, Arizona, for $7.05 million. The sale includes 4 acres of rail right of way. Land Advisors Organization Pinal County Specialists Kirk McCarville, CCIM, and Trey Davis facilitated the deal on behalf of the seller, Auza Ranches. The land is in proximity to … [More]
Engineering Systems Co. Opens New Advanced Technology Center in Chandler
Yield Engineering Systems (YES), a leading provider of technology solutions and process equipment for the semiconductor ecosystem and applications, held a ribbon-cutting ceremony for its new 123,000-square-foot facility in Chandler, Arizona. The facility is located at 3200 W. Germann Road within the Price Corridor employment center. The state-of-the-art YES Advanced … [More]
WEBINAR – Aug 15: Best Practices for Commercial Real Estate for SMBs
UPCOMING SESSIONS Join us for the Small Business Boot Camp virtual webinars and monthly workshops. If you missed any past sessions, watch here. Best Practices for Commercial Real Estate for SMBs 08/15/2023 | 9:00 AM Learn the essential skills to discover, bargain for, and secure the finest commercial space for your small business in Phoenix, Arizona. … [More]
WEBINAR – Aug 8: Eliminate the Obstacles of Building a Profitable Plan
UPCOMING SESSIONS Join us for the Small Business Boot Camp virtual webinars and monthly workshops. If you missed any past sessions, watch here. Eliminate the Obstacles of Building a Profitable Plan 08/08/2023 | 9:00 AM Understanding the profitability of each product or service is essential for navigating challenges such as inflation, tight labor … [More]
Leading EDI Provider Opens New Data Center in Phoenix Metro Area
Global leader in EDI and e-invoicing software, Comarch, recently opened its newest data center, and first fully owned and operated facility in North America. In June 2023, their latest infrastructure innovation completed construction in the Phoenix metropolitan area of Mesa, Arizona. The 32,000-square-foot flagship facility is designed to meet the growing demand for … [More]
Phoenix-Based HVAC and Plumbing Systems Co. Expands and Establishes Strong Industry Presence
In just a month since its market debut, Modigent, a has emerged as a notable player in next-generation infrastructure, technology, and energy solutions, propelling its growth and establishing a strong foothold from coast to coast through strategic acquisitions. Prior to its rebranding as Modigent in June 2023, the company executed a series of impactful acquisitions, such as … [More]
Las Vegas Surpasses Phoenix on List of Top Homebuyer Destinations
A record one-quarter (25.5%) of homebuyers nationwide looked to move to a different metro area in the second quarter, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That is up from 23% a year earlier and about 19% before the pandemic. Even though a record portion of homebuyers are relocating, there are fewer relocators … [More]
Digital Content: Seven Realities for Video in the 21st Century
There’s a gap in most digital content strategies. It is the how, what and where to use video. Google is partly to blame since they don’t index videos for search — and some workarounds do exist. But something else is going on. First, all video is video content. You are likely producing video content daily in the form of video meetings, podcasts (with video) and livestreams. A … [More]
Valley Marketing & PR Co. Founder Sells Firm to Long-Time Business Partner
David Eichler, founder of Decibel Blue Creative Marketing & PR, has sold his agency to long-time partner, Tyler Rathjen. This transfer of ownership ushers in a new generation of leadership and positions the firm for continued growth. Under Eichler’s direction since 2005, Decibel Blue has established itself as one of the nation’s leading strategic marketing and PR … [More]
New Shoes for Your Digital Identity: How to Revamp Your Online Presence and Stand Out!
In today's digital world, your online presence is crucial to the success of your business. Are you struggling to stand out among the competition? Regardless of your type of business or organization, it may be time to give your digital footprint a fresh update. In the same way, you would buy new shoes to step up your style or your game, it’s time to step up your online presence … [More]
onsemi Secures $1.95B with Leading Global Manufacturers of Solar Inverters
onsemi, a leader in intelligent power and sensing technologies, announced it has secured $1.95B in long-term supply agreements (LTSAs) for its intelligent power technologies with leading global manufacturers of solar inverters, contributing to onsemi’s position as the number one power semiconductor supplier in this rapidly growing market. By offering superior die … [More]
Phoenix Children’s Avondale Emergency Department Opens
Phoenix Children’s, one of the nation’s fastest-growing pediatric health systems, cut the ribbon at Phoenix Children’s Emergency Department — Avondale Campus last week. The new site, which will begin serving families today, will answer a pressing need for pediatric emergency services in the Southwest Valley. “We have spent the last several years looking at the needs of this … [More]
LGBTQ Philanthropy Center Grants $432,750 to Nonprofits Serving LGBTQ People across Arizona
The Arizona Community Foundation’s Kellenberger + Tollefson Center for LGBTQ Philanthropy has granted $432,750 to 35 nonprofit organizations serving LGBTQ people across Arizona. “We are proud to have this opportunity to invest in organizations that are actively engaged in work that supports the Center’s mission to advance justice and opportunity for LGBTQ people and the … [More]
Valley Metro to Host Top Transit and Development Conference This Fall
Valley Metro, in partnership with Mpact, a national nonprofit organization focused on community and development around public transit, will host the Mpact Transit+ Community Conference (formerly Rail~Volution) at the Sheraton Phoenix Downtown, Nov. 5-8, 2023. The theme of the conference is: Transit Moves Us. Community Connects Us. "Our city has embraced transit-oriented … [More]
Commercial and Multifamily Starts Declined in 5 of the Top 10 Metro Areas, Phoenix Down 21%
New data from Dodge Construction Network found that the value of commercial and multifamily construction starts across the top 10 metropolitan areas of the U.S. fell 10% in the first half of 2023, relative to that of 2022. Nationally, commercial and multifamily construction starts fell 14% on a year-to-date basis through June. Commercial and multifamily construction … [More]
Customer Demand Is Driving Engineers to Design for Sustainability, Says Avnet Survey
Rising customer demands for sustainability are playing a key role in engineers’ design efforts coming out of two-plus years of pandemic-driven disruption and the ongoing components shortage. A newly released pulse survey from leading technology distributor, Avnet, found that majority (78%) of respondents who view sustainable product design as an opportunity have made progress … [More]
