Pending Home Sales Jumped 2.5% in September, the Biggest Monthly Increase in over 18 Months

inbusinessPHX.com

Pending home sales jumped 2.5% month over month in September on a seasonally adjusted basis, the largest increase since January 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They rose 3.1% year over year, the biggest annual increase since May 2021. Pending sales climbed last month for two reasons: Mortgage rates fell … [More]

DOE Grants $70M to Help Strengthen APS Smart Grid with New Technology

Rick McCartney

The U.S. Department of Energy (DOE) Grid Deployment Office announced it has awarded Arizona Public Service Company (APS) two grants, totaling $70 million, for projects to strengthen smart grid resilience, expand wildfire prevention and mitigation measures and help meet customers’ growing energy needs. The funds are part of the DOE’s Grid Resilience and Innovation Partnerships … [More]

New Poll Shows Arizonans Demand Action on Increasing Access, Affordability to Education and Training After High School

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Education Forward Arizona, as part of its Everything to Gain campaign, unveiled a new poll in an ongoing study regarding the state of attainment of education and training after high school. The results show that Arizonans overwhelmingly support specific policy actions from leaders and lawmakers to increase support and resources to help Arizonans attain a degree or certificate. … [More]

Sprouts Farmers Market to Open 49th Arizona Location

Rick McCartney

Sprouts Farmers Market, one of the fastest-growing retailers in the country, has announced it will open a new store in Phoenix, Arizona on Friday, October 25, located at 9824 W. McDowell Rd. A ribbon cutting will take place Friday morning at 6:45 a.m. The doors to the store will open at 7 a.m. “We are excited to welcome another Sprouts Farmers Market to the Phoenix community! … [More]

New Retailers, Renovations, and Culinary Experiences Elevate Scottsdale Quarter

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Following the announcement of its redevelopment plans, Scottsdale Quarter is excited to share the latest updates on the transformation of this premier shopping and dining destination. With recent reopenings, including the much-anticipated return of Etta, as well as the announcement of several new retailers, Scottsdale Quarter continues to set the stage for elevated retail and … [More]

National Commercial Real Estate Sentiment Rebounds, Says Survey

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The NAIOP CRE Sentiment Index, which measures industry expectations for commercial real estate market conditions over the next 12 months, has increased significantly from the last survey conducted in the Spring. The Index climbed to 56, indicating that respondents expect conditions for commercial real estate development to improve over the next year. The NAIOP CRE Sentiment … [More]

Scottsdale-Based Compliance and Audit Management Platform Acquired by Pharmacy Tech Co.

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Bluesight, the leading provider of Medication Intelligence™ solutions for health systems and hospital pharmacies, announced the acquisition of Sectyr, a top-tier compliance and audit management platform. This acquisition expands Bluesight's portfolio to include robust 340B audit and compliance tools in response to growing demand from its customers. Sectyr is recognized for its … [More]

Phoenix-Based Franchise Expands Out of State with First Donut Shop in Colorado

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Desert Donuts, the Arizona-based dessert shop specializing in cooked-to-order cake donuts, proudly announces the grand opening of its first franchise location in Greenwood Village, Colorado, on October 5, 2024. This milestone follows the company's decision to offer franchise opportunities in February 2024. The Colorado franchisee team, led by Justin Daigle, Vanessa Daigle, and … [More]

Avnet Names New Chief Digital Officer to Drive Distributor’s Digital Strategy

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Avnet has hired Dave Youngblood as Chief Digital Officer, effective October 21, 2024. In this newly created role, Mr. Youngblood will lead and further enable Avnet’s enterprise-wide digital platform and eCommerce approach. Reporting to Chief Executive Officer, Phil Gallagher, he will also be joining Avnet’s executive leadership team. Avnet’s digital strategy focuses on … [More]

WEBINAR – Nov. 5: Holiday Marketing Countdown: Tips to Optimize Black Friday Weekend Sales

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Holiday Marketing Countdown: Tips to Optimize Black Friday Weekend Sales 11/5/2024 | 9:00 AM The holidays are right around the corner. While many consumers have been shopping all year long, the Black Friday weekend is still projected to be the biggest shopping period of the year. In this … [More]

WEBINAR – Oct. 29: Retirement Plans for Small Business: Which Plan is Right for You?

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Retirement Plans for Small Business: Which Plan is Right for You? 10/29/2024 | 9:00 AM Join us for an insightful workshop designed for small business owners and entrepreneurs looking to secure their financial future and that of their employees. REGISTER NOW … [More]

Tech Incubator Launches a New Startup Studio to Increase Local Startups and Jobs

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Idealab Arizona, a partner of Idealab Studio, the leading technology incubator, today announced the launch of a startup studio that co-founds Arizona State University-affiliated tech startups to increase commercialized intellectual property, startups and jobs in Arizona. Idealab Arizona will focus on startups in climate, medical, AI and advanced manufacturing to drive … [More]

Goodyear Dealership Invests in EV Infrastructure, Training, and Innovative Models to Meet Growing Demand

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Yates Buick GMC, a cornerstone of the Phoenix metropolitan automotive community, is reinforcing its commitment to the future of electric vehicles (EVs) by continuing to stay ahead in the EV transition. Over the past year, the dealership has made significant strides in preparing for General Motors' (GM) all-electric future, investing in infrastructure, staff training, and new EV … [More]

Business Rebranding: A Critical Imperative to Thrive in Tomorrow’s Business Landscape

inbusinessPHX.com

As the business environment continues to evolve at an unprecedented pace, business rebranding has emerged as an essential strategy for companies aiming to stay competitive. Karen Tiber Leland, bestselling author of The Brand Mapping Strategy: Design, Build, and Accelerate Your Brand and CEO of Sterling Marketing Group, urges companies to embrace a company rebrand to meet the … [More]

SRP Partners with City of Tempe on Commercial Water-Saving Rebates

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SRP announced today a contribution of $10,000 per year or $50,000 over five years to financially support the City of Tempe’s Non-Residential Landscape Conversion Rebate program. SRP is also contributing $10,000 per fiscal year or $50,000 over five years to the city’s Cooling Tower Rebate program for non-residential customers. The Non-Residential Landscape … [More]

Mayor Gallego to Honor Autism Advocate Denise Resnik with Global Citizen Award

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Phoenix Mayor Kate Gallego will honor autism advocate and business executive Denise Resnik with the Global Citizen Award during The Mayor's International event hosted by Phoenix Sister Cities on October 19 at Chateau Luxe. Resnik is the founder and president/CEO of First Place AZ (established in 2012), co-founder of the Southwest Autism Research & Resource Center (SARRC, … [More]

131 Acres of Designated Industrial Development Acquired in Buckeye

The First West Valley Site Purchased Since Record $138 Million Data Center Deal

inbusinessPHX.com

Arizona Land Consulting, the Valley’s leading, female-owned real estate consulting firm, announced today it has closed on a $20 million acquisition in Buckeye, Ariz. Located on west Southern Ave. and south Rooks Road, the 131 acres of land is zoned for industrial purposes. Equipped with a Certificate of Assured Water Supply allows this prime piece of real estate to be … [More]

Construction Co. Begins Shell Construction Project of New K-8 School for Saint Thomas the Apostle in Phoenix

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Wespac Construction Inc. is excited to announce the upcoming construction of a new 76,652 SF academic facility, set to enhance the existing campus of Saint Thomas the Apostle, located on 24th Street between Camelback Road and Campbell Avenue in Phoenix. The current facilities, originally built in the 1950s, have aged and are struggling to meet the needs of the expanding … [More]

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