The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2 percent in March on a seasonally adjusted basis after rising 0.8 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment. Increases in the indexes for gasoline, shelter, and food were the … [More]
BioProcure Announces Office Expansion to Chandler
BioProcure, the premier procurement and accounts payable services company for biotech companies, announced today its expansion to a temporary office in Chandler, Arizona. BioProcure expects the temporary office to be operational in April 2022 with plans to establish a permanent Arizona location by 2023. BioProcure will be located within Workpliciti, which is a flexible office … [More]
Buckeye’s Largest Industrial Complex Development Is Underway
The 145-acre project, titled Buckeye I-10 Logistics, is the largest industrial complex under development along Buckeye’s I-10 frontage Freeway, just west of Verrado Way. The industrial park will be constructed with over 2.2 million square feet of industrial space. The 641,000 square foot phase I building has already broken ground with completion expected before the end of 2022. … [More]
CEO of Latham Industries Named the SBA Arizona Small Business Person of the Year
The U.S. Small Business Administration (SBA), announced the 2022 Small Business Persons of the Year winners from each of the nation’s 50 states, the District of Columbia, Puerto Rico and the Virgin Islands. Tracey Latham, founder and CEO of Latham Industries in Phoenix was named the SBA Arizona Small Business Person of the Year. Latham will be formally recognized on May 5 … [More]
Arizona-Based Real Estate Investment Firm Sells Seven Properties for $345M
Scottsdale-based ReNUE Properties announced the official sale of its affordable housing portfolio to Starwood Real Estate Income Trust for $345 million. The deal, which includes seven properties across metropolitan Phoenix, is the largest affordable housing transaction in the state’s history. The transaction, which will be executed in phases beginning with the closing of … [More]
Banner MD Anderson Marks Major Expansion with $19.5M Project in Phoenix
Banner MD Anderson Cancer Center this week marks the completion of its $19.25 million expansion on the Banner – University Medical Center Phoenix campus, to meet the community’s growing demand for more services to treat the disease. “This greatly increases our ability to improve patient experience by expanding our services to provide comprehensive, high-quality cancer care … [More]
ViaWest Group and Nicola Wealth Real Estate Team Up to Develop 20.77 Acres in Mesa
ViaWest Group and Nicola Wealth Real Estate have purchased a 20.77 Acre industrial development site in Mesa for $9.692 million. The development known as Advanced Industrial Park will be comprised of three single-loaded Class A industrial buildings. Building A will be 122,690 SF, Building B will be 131,737 SF, and Building C will be 80,639 SF, with a total rentable square … [More]
77% of Homeowners and Renters Support Adding More Housing Options, Says Survey
There is broad support to allow backyard cottages, duplexes and triplexes in residential neighborhoods, according to a new Zillow survey covering 26 U.S. metropolitan areas struggling with housing affordability. The new research found that 77% of all homeowners and renters surveyed voiced support for construction of either new accessory dwelling units (ADUs), duplexes, or … [More]
Thunderbird School Celebrates Grand Opening, Celebrates 75th Year
The Thunderbird School of Global Management at Arizona State University unveiled its new headquarters' name Friday night: the F. Francis and Dionne Najafi Thunderbird Global Headquarters. With klieg lights, fireworks, food trucks and live music on streets closed to traffic, the event was as much a festival as a grand opening for the building in downtown … [More]
56% of U.S. Companies Have Experienced Pay Compression in the Last 12 Months, Says Report
Many companies are taking measures to increase pay equity among workers, research from talent solutions and business consulting firm Robert Half shows. More than half of C-suite executives surveyed (56%) said they have observed salary discrepancies between new hires and more tenured staff in the past year. Of those, 62% are regularly reviewing compensation plans and increasing … [More]
January Sports Betting Revenue Is More Than Half a Billion Wagers
The Arizona Department of Gaming released the Jan. event wagering revenue numbers last week. “January’s sports betting haul in Arizona shows that the market’s primed for big things in its first full year of operation. With the Super Bowl and March Madness still to come, it’s safe to say that the Grand Canyon state should be positioned to become one of the top markets for … [More]
Join the Race That’s Fueling Financial Education for the Next Generation!
IN-PERSON EVENT: Saturday, April 9th, 2022 Waypoint Office Complex | 1138 N. Alma School Rd. | Mesa, AZ 85201 Registration: 7:30AM | Race start: 9:00AM Financial health is a lot like physical health. We grow stronger when we make it a priority and stay committed to a plan. All it takes is some knowledge and the right training. Now you can support financial literacy … [More]
Pueblo Grande Museum Launches Digital Exhibit for 90th Anniversary
In 2019, Pueblo Grande Museum celebrated its 90th anniversary and created a three-location exhibit, showcased at Phoenix Airport Museum, The Gallery @City Hall, and Pueblo Grande Museum. Like many archaeological museums of the early 20th century, Pueblo Grande Museum was established by archaeologists and enthusiasts who excavated, researched, and preserved Native American … [More]
