Trulieve Cannabis Corp., a leading and top-performing cannabis company in the United States, announced the opening of a new dispensary in Phoenix, AZ. "Trulieve is a proud member of the Arizona community and this new location on Tatum Boulevard is a continuation of our brand promise to deliver exceptional customer experiences, as well as provide the right … [More]
Consumer Prices Rose 4% in the Year through May, a Sign Inflation Is Cooling
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in May on a seasonally adjusted basis, after increasing 0.4 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.0 percent before seasonal adjustment. The index for shelter was the largest contributor to the monthly all items … [More]
Manufacturer Announces Entry into U.S. Market to Address Rapid Semiconductor Fab Growth
HTC, a Taiwan-based company and leading manufacturer of specialty process components, systems, and services for highly complex semiconductor manufacturing operations, announced its expansion into the U.S. with the opening of a new North American headquarters, ‘HTC-America,’ strategically based in Phoenix. The move is driven by an increase in market demand in the U.S. due to new … [More]
Newly Renovated Downtown Office Tower Continues to See Strong Leasing Activity
The transformation of Renaissance Square turned the aging downtown Phoenix landmark building into a modern, amenity-rich office destination. In a market where office buildings struggle to find tenants, Renaissance Square is bucking the trend, recently attracting a national tenant, Food for the Hungry, to a brand new, 29,000 square foot space with the option to expand to 45,000 … [More]
Valley Tech Innovator Selected by Nasdaq for 100 Index
onsemi, a leader in intelligent power and sensing technologies, will be added to the Nasdaq-100 Index® prior to market open on Tuesday, June 20, 2023. The inclusion comes after two consecutive years of record results, tripling the company’s market cap over the last 30 months. The company closed out 2022 with $8.3 billion in revenue and with earnings growing 3x faster than … [More]
U.S. Home Borrowers See First Annual Home Equity Losses since 2012 in Q1 2023, but Overall Mortgage Performance Remains Strong
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released the Homeowner Equity Report (HER) for the first quarter of 2023. The report shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw home equity decrease by 0.7% year over year, representing a collective loss of $108.4 billion, and an … [More]
Global Coffee and Tea Leader Continues Expansion in the Phoenix Area
Just in time for summer, The Coffee Bean & Tea Leaf® brand, the iconic Southern California favorite serving premium coffee and tea for the past 60 years has opened its newest location in Scottsdale, Arizona. The new café is complete with a drive-thru and is located at 9380 N. 90th, St. "This is the third The Coffee Bean & Tea Leaf location that we've … [More]
Televerde Relocates to Innovative Office Space in Central Corridor, Priming for Strategic Growth
Televerde, a global revenue creation partner supporting marketing, sales, and customer success for B2B businesses around the world, announced its move to a new office space located in the heart of midtown Phoenix at 2800 North Central Avenue. This relocation, a testament to Televerde's flexibility and adaptability, is part of an ongoing effort to adapt to the … [More]
Fast-Casual Taquitos Concept Opens First Arizona Location in Chandler
Roll Em Up Taquitos, a fast-casual restaurant specializing in hand-rolled taquitos, is excited to announce the grand opening of its first location in Arizona. Roll Em Up Taquitos Chandler has officially opened its doors to the public and will be the Company’s first Arizona location since the company was founded in 2019. Roll Em Up Taquitos Chandler is located at 301 S. … [More]
Canada-Based XNRGY Lands Financing for First Phase of 1 MSF Factory in Mesa
Canada-based XNRGY Climate Systems has obtained construction financing for the first phase of its U.S. headquarters in Mesa, Ariz. Development partner The Boyer Co. provided the necessary funds, including additional options for the project’s expansion to a total of 1 million square feet. XNRGY’s total investment volume is estimated at $300 million and the plant is expected to … [More]
Take Advantage of Extended Summer Hours at City Trailheads
During the Valley's warm weather months, the Phoenix Parks and Recreation Department recommends hiking during the early morning or evening hours when it is cooler and there is more shade. To help with that recommendation, extended summer hours are in effect annually from June through September at three of the City's popular hiking destinations – North Mountain … [More]
Accelerating Cultural Diversity at the Desert Botanical Garden for Juneteenth
The Archwood Exchange Buy Black Marketplace and Desert Botanical Garden are partnering for the first ever Juneteenth Evening Festival, Friday, June 16, 2023, from 6-9 p.m. The family-friendly event will celebrate Black culture and excellence through storytelling, history, art, performance, community discussion and entrepreneurship. The Juneteenth Evening Festival spotlights … [More]
Asking Rents Fall 2% in the West, Phoenix Rents Falling after Pandemic Peaks
The median U.S. asking rent fell 0.6% year over year to $1,995 in May—the largest annual decline since March 2020—according to a new report from Redfin, the technology-powered real estate brokerage. That compares with a near-record 16.5% increase one year earlier. May’s drop also represented the first annual decline since March 2020 on a revised basis. The median … [More]
Sundt Construction Names Richard McDonald as New Sustainability Director
Sundt Construction recently hired Richard McDonald as its Sustainability Director to implement and maintain sustainability initiatives and serve as a sustainable construction expert for Sundt employee-owners. “Sundt has long been an advocate of sustainable business practices and a trusted partner for our clients as they pursue their own sustainability goals,” said Teri … [More]
WEBINAR – Jun 27: How to Avoid the Top 10 Legal Mistakes That Destroy Businesses
UPCOMING SESSIONS Join us for the upcoming Small Business Boot Camp virtual webinars and monthly workshops. If you've missed past sessions, watch here. How to Avoid the Top 10 Legal Mistakes That Destroy Businesses 06/27/2023 | 9:00 AM A common mistake small business owners make is putting off legal issues as the business grows. Although it is … [More]
KORE Power Receives Conditional Commitment for $850M for Advanced Battery Manufacturing at Buckeye Facility
KORE Power, Inc. has received a conditional commitment from the U.S. Department of Energy’s Loan Programs Office (LPO) for a loan in the principal amount of $850 million under the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. The loan will be used to fund the construction of KORE’s advanced battery cell manufacturing facility in Buckeye, Arizona. The … [More]
6 Ways AI Can Help Businesses Retain Customers
Poor service costs businesses worldwide an estimated $4.7 trillion each year¹, meaning providing a good consumer experience is key to a company's success. As discussion grows about the role of AI, Sweep.io have shared six benefits AI can have in improving customer experience. Six benefits of AI for customer experience: 1. Reduces workload AI chatbots can answer … [More]
Kentwood Ventures Lands $38M for Phoenix Project
Kentwood Ventures has received $38 million in financing for the development of KV Casa Grande, a 314,453-square-foot speculative industrial building in Casa Grande, Ariz. JLL Capital Markets worked on behalf of the borrower to secure a $23 million loan through CrossFirst Bank and $15 million in joint venture equity through Blue Vista Capital Management. The Class A … [More]
