The NFIB Small Business Optimism Index dropped 3.6 points in June to 89.5, marking the sixth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the next six months decreased seven points to a net negative 61%, the lowest level recorded in the 48-year survey. Expectations for better conditions have worsened every … [More]
Construction Loan Finalized for Phoenix Central Station Development
CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $204 million construction loan to Medistar Corporation, GMH Communities, and a fund sponsored by CBRE Investment Management to finance the development of Central Station, a one million-square-foot mixed-use transportation hub … [More]
Local Charter Schools Approve Large Pay Raise for Arizona Teachers
Legacy Traditional Schools believes outstanding, supported teachers are at the heart of students’ success. Legacy says that's why they have announced the approval of across-the-board teacher pay increases for the 2022-23 school year. Average pay for over 700 teachers across the Legacy network of 21 Arizona schools, as well as Legacy Online Academy, will increase by an average … [More]
Premier Southern Brunch Restaurant Announces Expansion
SugarJam The Southern Kitchen, a Southern brunch restaurant and bakery located in North Scottsdale, is excited to announce that it will be expanding its restaurant with a new gift shop full of curated finds from local and national vendors. In addition, to the gift shop SugarJam is launching their ice cream trailer serving Southern flavors. The Market by SugarJam and the … [More]
AZ Wealth Management Group Launches In-House Insurance Firm
Wilde Wealth Management Group, an award-winning financial services firm that provides comprehensive retirement, investment, real estate, insurance, legal and tax planning services all under one roof through in-house partners and local affiliated firms, has announced the launch of Wilde Wealth Insurance. The new in-house firm, which will be located conveniently at Wilde’s newly … [More]
Gainey Business Bank Announces Grand Opening
Gainey Business Bank, Inc. announced its Grand Opening on July 11, 2022. A celebration of the opening is being held at the Bank’s location, 8501 N. Scottsdale Road, Suite 110, Scottsdale AZ 85253. With this Grand Opening, Gainey Business Bank is pleased to announce that it is the newest Community Bank to open in the Valley; only the second new community bank opened in the past … [More]
Chandler Entrepreneurs Open Sky Zone, Largest Indoor Entertainment Brand
Sky Zone, creator of the world's first indoor trampoline park and leader in the indoor active entertainment industry, has added entrepreneur Cheryl Farago and multi-unit Kiddie Academy Educational Child Care franchisee Katie Moore to its growing roster of prominent franchisees. Set to open in the first quarter of 2023, the new park will bring Sky Zone's joy-inducing experience … [More]
Avnet CFO Out, Controller to Become New CFO
Avnet has announced that Thomas Liguori, the Company’s Chief Financial Officer (CFO), will be transitioning from Avnet to begin a new chapter of opportunities in the public, private and university sectors. Consistent with Avnet’s succession plan, Kenneth A. Jacobson, the Company’s corporate controller and a seasoned corporate executive, will succeed Mr. Liguori as CFO … [More]
New Coworking Community Opens in Mesa
CO+HOOTS, a fast-growing coworking community, has opened in downtown Mesa. The occasion was marked by a ribbon-cutting ceremony held this morning at CO+HOOTS’ new workspace at Benedictine University, 225. E. Main St. “CO+HOOTS has emerged as the premier coworking space in the Phoenix-Mesa metro area, and they continue to grow their work in support of small businesses, … [More]
IN FLUX Makes Grand Return to Scottsdale with New Public Artworks
Scottsdale has joined five other cities across the Phoenix metropolitan area in displaying new temporary artworks as part of IN FLUX Cycle 10. Six pieces by four artists will be on display at various locations throughout south Scottsdale for the next year. “We are thrilled that Scottsdale Public Art has a total of four IN FLUX commissions for Cycle 10, including one … [More]
National Firm Acquires Mesa Prosthetics Manufacturer
WillowWood Global LLC, a leading designer, manufacturer, and distributor of prosthetic products, today announced that it has acquired MAKstride Prosthetics. The highly complementary transaction represents WillowWood's first strategic acquisition since partnering with growth-oriented private equity firm Blue Sea Capital LLC in December 2021. Based in Mesa, Arizona, MAKstride … [More]
San Antonio Developer Expands Footprint in Phoenix Area
Embrey, a San Antonio, TX-based vertically integrated real estate investment company, has closed on land in Goodyear, Arizona, the future home to the Senna at Canyon Trails multifamily community. With this development, Embrey is further broadening its footprint in the Phoenix metropolitan area, one of the fastest-growing markets in the country. Senna at Canyon … [More]
Commercial Bank Expands in Arizona, Adds to Local Team
Vantage West is expanding its reach in Arizona with the addition of three commercial banking team members. This move will allow businesses and real estate developers to leverage more resources including financial advice, guidance, and other credit union advantages to help fuel their business growth. Mark Papoccia, Chief Business & Consumer Banking, said, “We are delighted … [More]
Brooklyn Bedding and Helix Sleep Acquire Bear Mattress
Brooklyn Bedding, manufacturer, retailer, and pioneer of the bed-in-a-box mattress, and Helix Sleep, the leading direct-to-consumer custom sleep brand in the country, (collectively, "Brooklyn-Helix") have announced the acquisition of Bear Mattress. Founded in 2015, Bear Mattress has become the premier sleep company for active lifestyles. The brand's mattresses are engineered … [More]
