Tendit Group, a portfolio company of Osceola Capital, announced the acquisition of Phoenix-based Legends Landscape Management, a leading provider of commercial landscape services. The acquisition of Legends significantly expands Tendit Group's footprint and service offering in Arizona. Founded in 2002 by Curt Peterson, Legends Landscape Management is a full-service … [More]
EdTech Intel: 6 Ways AI is Revolutionizing Online Learning
After years of steadily picking up steam, online learning is experiencing undeniable explosive growth. The market is racing toward $1 trillion, with the corporate e-learning space expected to skyrocket 250% in the coming years. As e-learning continues to expand beyond the walls of academia, another game-changing phenomenon is going mainstream in a big way: artificial … [More]
$585M Loan Finalized to Complete The Palmeraie and The Ritz-Carlton Paradise Valley
Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, announced that it has originated a $585 million loan to Five Star Development for the completion of The Ritz-Carlton Paradise Valley, The Palmeraie and The Palmeraie, a mixed-use, ultra-luxury retail, dining and residential development in Paradise … [More]
Big Box Brands to Fill Anchor Spaces at Retail Center in Queen Creek
Target is coming to Vineyard Towne Center, the 260,000-square-foot retail center Vestar is developing in Queen Creek, Arizona. The mega retailer will join Sprouts Farmers Market as a second anchor in the open-air center, which is one of five ground-up developments Vestar is building in Arizona. Sprouts will open in July 2023 and Target’s opening is slated for the spring of … [More]
Arizona-Based Broadband Provider to Expand High-Speed Fiber Service
High-speed fiber broadband service will be expanded to unserved and underserved Arizona communities as part of a new strategic investment announced by Searchlight Capital Partners, L.P., a leading global private investment firm, in Wecom LLC, an established Arizona-based Internet Service Provider. This investment in the local company, with support from a minority investment by … [More]
New AquaRidge Waterpark at JW Marriott Desert Ridge Coming Mid-Summer
JW Marriott Phoenix Desert Ridge Resort & Spa is pleased to announce AquaRidge WaterPark, a 140,000-square-foot reimagined and expanded pool experience designed with water-filled adventures for all ages. The $18 million pool transformation embraces the destination with renewed areas offering an enhanced lazy river, the refreshed Wildfire Grove featuring two pools and a … [More]
Herberger Theater Center Announces Inaugural 2023-2024 Season
The Herberger Theater Center announced its 2023–2024 Season featuring three productions and a Mariachi & Folklorico Festival. The line-up includes a world premiere, an Arizona premiere, and a chilling drama. Audiences will be entertained, captivated, and moved by the power of live theater. “We are so excited to announce our 2023-2024 season,” said Mark Mettes, President … [More]
Asking Rents Flattened in April as Landlords Faced Rising Vacancies, Phoenix Down 9.6%
The median U.S. asking rent rose 0.3% year over year to $1,967 in April—the 11th-consecutive month of slowing growth, according to a new report from Redfin, the technology-powered real estate brokerage. That compares to a revised increase of 1.4% one month earlier and a 16% increase one year earlier. On a month-over-month basis, the median asking rent fell 0.2%, which … [More]
SBA Announced New Lender Improvements Expanding Access to Capital
Following the recent finalization of two new rules aimed at closing gaps in capital access for America’s small business owners, the U.S. Small Business Administration (SBA) announced streamlined lender procedures and other details on implementation. "The Biden-Harris Administration recognizes that small businesses are the drivers of our economy, and that to participate in … [More]
Dallas-Based Contractor Opens First Arizona Office in Queen Creek
Dallas-based MYCON General Contractors, Inc. announced its third branch location – Queen Creek, Arizona. The award-winning commercial contractor, with offices in Dallas and College Station, Texas has opened the Arizona office to better serve several regional projects for one of the firm’s largest clients. MYCON’s new office is located in the new Scotland Court Industrial … [More]
NAI Horizon Managing Director Earns Prestigious Designation
NAI Horizon Managing Director Laurel Lewis has earned the SIOR office designation awarded by the Society of Industrial and Office REALTORS®. SIOR is the world’s premier commercial real estate organization for industrial and office professionals. Individuals who earn their SIOR designation adhere to the highest levels of accountability and ethical standards. Only the … [More]
ASU Researchers TEAMUP to Advance Solar Power
As climate change becomes a more pressing problem worldwide, the race to develop sustainable power-generation technology is increasingly crucial. A new consortium of academic and industry partners, Tandems for Efficient and Advanced Modules using Ultrastable Perovskites, or TEAMUP, seeks to help mitigate climate change by making a new generation of solar technology commercially … [More]
Two Luxury Retail Properties Achieve Certification for Minimizing Property Footprints while Fueling Community Development
Macerich, a leading owner, operator and developer of top retail and mixed-use destinations across major U.S. markets, including Scottsdale Fashion Square and Kireland Commons, announced the successful certification of under BREEAM’s In-Use certification standard. This achievement exemplifies Macerich’s commitment to improving its sustainable performance cross-portfolio, … [More]
Rehrig Pacific Breaks Ground on Manufacturing Facility in Buckeye
Rehrig Pacific, a leading manufacturer of integrated sustainable solutions for the supply chain and environmental waste industries, held a groundbreaking ceremony of its new injection molding manufacturing plant in Buckeye, Arizona. Anticipating an opening in late April of 2024, this project represents a significant investment in Buckeye and the long-term relationship Rehrig … [More]
World’s Largest In-Home Fitness Franchise Expands across Arizona
GYMGUYZ, the world's largest in-home and on-site personal training franchise, announces expansion plans in Arizona with new territories opening in Phoenix, Scottsdale, Paradise Valley, Mesa and Tempe. GYMGUYZ "brings the workout to you" by offering options to come on-site to businesses and organizations in addition to training clients in their homes. Fitness … [More]
SBA to Host Second Annual America’s Seed Fund Week
Small Business Administration announced the 2nd annual America’s Seed Fund Week. Taking place from May 15 - 18, the series of virtual events, including Startup Expo, offers entrepreneurs working on advanced technologies and the organizations that support them, opportunities to collaborate, and connect to the country’s largest source of early-stage funding for Research … [More]
Arizona’s First Daddy’s Chicken Shack Restaurant to Open in Scottsdale
Daddy’s Chicken Shack, a locally owned and operated fast casual chicken restaurant and franchise, will be opening its first Arizona location on May 18, 2023. Owned and operated by the Scottsdale-based entrepreneur and founder of RE/MAX, Dave Liniger, Daddy’s Chicken Shack will be hosting a grand opening event that is open to the public on Thursday, May 18, 2023, from 4:00 – … [More]
WEBINAR – May 23: Small Business and HR: Reduce Risk, Save Money and Time
UPCOMING SESSIONS Join us for the upcoming Small Business Boot Camp virtual webinars and monthly workshops. If you've missed past sessions, watch here. Small Business and HR: Reduce Risk, Save Money and Time 05/23/2023 | 9:00 AM How small businesses use Human Resources (HR) to manage employees is often fragmented and reactive. Lack of strategy costs … [More]
