With the summer holidays approaching, Airbnb is announcing measures aimed at reducing the risk of disruptive and unauthorized parties in Arizona, as we continue to draw a hard line on parties and promote responsible travel. The anchor of this crackdown is a block on certain 1-night and 2-night reservations over both Memorial Day weekend and Fourth of July weekend for entire … [More]
Chicago-Based Diner Brand to Open in Scottsdale Quarter
JoJo’s ShakeBAR is bringing its modern take on the classic diner out west as they are set to open a new location in The Scottsdale Quarter in Summer of 2023 (June/July). The announcement comes as a continuation in the plan for the Chicago-based business to expand, bringing their over-the-top milkshakes and diner classics to people across the country. JoJo’s ShakeBAR is a … [More]
New 599,486 SF Industrial Complex in Glendale Sells for $81.7M
Cushman & Wakefield has advised US Capital Development (“USCD”), a first-class corporate industrial and office development firm, in the sale of a newly constructed 599,486-square-foot (SF) Class A industrial building in Glendale (Phoenix), Arizona. Falcon Park 303 - Phase I was built on a speculative basis in 2022 and is 100% leased. The freestanding building is part of a … [More]
PV Mall Redevelopment Gets Fox Concepts and More
RED Development today revealed six new tenants are opening at PV, the highly anticipated redevelopment of the former Paradise Valley Mall, with an impressive roster ranging from restaurants, including two concepts by notable restaurateur Sam Fox, to global beauty retailers and services along with the expansion of local favorites opening in 2024. Fox Restaurant Concepts is … [More]
Fresh Start to Expand Services for Women of Color through $1.3M Investment from JPMorgan Chase
Through a $1.3-million commitment from JPMorgan Chase to Fresh Start Women’s Foundation, the local nonprofit will provide expanded resources and support directly to women of color across the Valley. Fresh Start was selected as one of eight organizations nationwide to be awarded a grant from JPMorgan Chase’s Annual Challenge competition, receiving funding to increase support … [More]
Most Americans More Likely to Stay in Hotels for Vacation This Summer vs. Last
This summer, most adults are more likely than they were in the summer of 2022 to stay in a hotel and take vacation trips, according to a new national Hotel Booking Index survey commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult. Thinking about the summer ahead, most adults report being more likely than they were in 2022 to … [More]
New CDO to Oversee Operational Development for Nonprofit Serving Valley families
Family Promise of Greater Phoenix, a nonprofit organization that serves families with children who are currently homeless or at risk of experiencing homelessness, has named Lotus Kaplan as its new Chief Development Officer. In her new role, Kaplan will oversee operations of the organization’s development team, further enabling Family Promise to support more families across the … [More]
OneAZ Credit Union Names New CEO
OneAZ Credit Union is proud to announce that Brandon Michaels has been named President & CEO following the retirement of Kim Reedy, President & CEO. Brandon arrives at OneAZ with nearly 20 years of executive leadership experience in the credit union industry. He’s previously served as President & CEO at two credit unions. His visionary leadership elevated those … [More]
Arizona Center for Civic Leadership Announces 2023 Class of Flinn-Brown Fellows
The Arizona Center for Civic Leadership at the Flinn Foundation has selected 28 leaders from across the state as the 15th cohort of Flinn-Brown Fellows. Each brings diverse career and political experiences, policy interests, and perspectives to Arizona’s most prestigious leadership program on state-level policy and politics. The Flinn-Brown experience begins for the … [More]
Los Angeles Retail Investment Firm Sells Grocery-Anchored Center in Phoenix, Generating Excellent Returns
Westwood Financial, a leading commercial retail real estate investment firm, is pleased to announce the successful sale of Ahwatukee Mercado, a well-established grocery-anchored shopping center in Phoenix, Arizona. The property was sold to a private buyer after a hold period of 3.7 years, resulting in a profitable opportunistic return and an impressive equity multiple of … [More]
Valley Beverage Distributor Acquires New Mexico-Based Distributor Expanding Outside of Arizona
Hensley Beverage Company, one of the largest beverage distributors in the nation, has completed the acquisition of New Mexico based Premier Distributing Company. This acquisition adds around 7.5 million cases to Hensley’s portfolio. “This is a new day for Hensley Beverage Company as we expand our geographic footprint outside of Arizona,” Andy McCain, President and COO of … [More]
New Residential Tower Begins Leasing in Downtown Phoenix
LV Collective, an Austin, Texas-based multifamily and student-oriented real estate developer, begins leasing its newest multifamily project, Moontower, located at 811 North 3rd Street, Phoenix, AZ. The 326-unit, 309,716-square-foot project is scheduled for residents to begin moving in on June 15, 2023. Located on the edge of Phoenix’s walkable arts district Roosevelt Row, … [More]
Family Fun All Summer Long with D-backs Summer Pass
The Arizona Diamondbacks are bringing back their popular D-backs Summer Pass, presented by Bar-S, that provides fans with tickets to all 37 summer home games in June, July and August (June 1-August 31) for a total of just $99. The D-backs Summer Pass provides an easy and affordable way for fans to enjoy D-backs baseball all summer long. THE BEST DEAL OF THE SUMMER IS BACK - … [More]