Weekley Homes LLC, the homebuilder operating as David Weekley Homes, has purchased a 38-acre residential development site in North Scottsdale for $16 million. Located at the southeast corner of 128th Street and Ranch Gate Road, the property offers the potential for 32 single-family homes. Kidder Mathews arranged the transaction, with Senior Vice President Brian Rosella and … [More]
Whole Foods Opens 11th Arizona Store in Scottsdale
Whole Foods Market opens its 11th Arizona store, welcoming shoppers to a new 38,158-square-foot location at 7628 E. Indian School Road in Scottsdale. Doors open at 8 a.m. for the grand opening, with regular hours of 7 a.m. to 10 p.m. daily thereafter. Store Team Leader Senait Yohannes will lead the new location. The new location’s product assortment features more than 260 … [More]
Scottsdale Healthtech Company Secures $20M to Grow Its Team and Customer Base
XpertDox, an AI-first healthcare company, announced a $20 million Series A investment round led by Savant Growth, with funding from its investment partner, Kennet Partners. XpertDox’s XpertCoding platform automates medical coding, turning the clinical documentation in a provider’s EHR into accurate, consistent and well-documented coded data. As an AI-first company, … [More]
66,000-SF Packaging Plant Opens in Mesa with 100-Plus Jobs Planned
ePac Flexible Packaging, a leader in digitally driven flexible packaging solutions, celebrated the grand opening of its new state-of-the-art manufacturing facility in Mesa, Arizona. This strategic expansion is designed to meet accelerating demand for digitally printed flexible packaging and to bring ePac’s industry-leading turnaround times closer to brand owners in the … [More]
Saudi Fund Extends $1.75B in Credit as Lucid Posts $831M Quarterly Loss
Saudi Arabia’s Public Investment Fund is extending another $1.75 billion in credit to Lucid Group, the electric vehicle maker that builds its Air sedan and Gravity SUV in Casa Grande. The deal deepens a relationship that helped Lucid build its Arizona factory and now supports its plans to build a more affordable line of electric vehicles in Saudi Arabia. Lucid disclosed the … [More]
Phoenix PR Firm Debuts with a Focus on Regulated Industries
Blaire & Co. Strategic Communications, a new Phoenix-based public relations and public affairs firm, has opened to serve organizations in technology, healthcare, real estate and other regulated and B2B industries. Founder Erica Fetherston, who brings more than 15 years of communications experience in Arizona and across the globe, directly leads every engagement, from … [More]
Global Investor Acquires 460,000 SF of Industrial Space near Sky Harbor
Oxford Properties Group, a global real estate investor, developer and manager, announced that it has acquired a high-quality six-property, 460,000 sq. ft. light industrial portfolio situated within the Tempe and Airport submarkets of Phoenix, AZ. With this transaction, Oxford further scales its footprint in Phoenix up to 15 assets and approximately 1.2 million sq. ft., … [More]
Phoenix Advances 34-Acre Waste Recovery Campus to Extend Landfill Life
The Phoenix City Council on Nov. 4 approved terms for a 99-year ground lease and a 50-year waste supply agreement for the Resource Innovation Campus, a planned development where businesses can turn materials headed for the landfill into new products. The lease covers 33.9 acres near 35th Avenue and Elwood Street in south Phoenix, with about 22 acres slated for development. RIC … [More]
How Can Arizona Train the Nursing Workforce It Needs?
Arizona's population continues to grow, and with that growth and aging, the demand for healthcare is high. From local hospitals and clinics to long-term care facilities, leaders across the Greater Phoenix community are facing the challenge of finding enough resources to care for everyone. At the heart of this issue is a national nursing shortage. The U.S. Bureau of Labor … [More]
California Firm Acquires Phoenix Food Distributor Serving Arizona Since 1988
Vesta Foodservice announced it has completed the acquisition of the Peddler’s Son business, expanding its investment in Arizona and bringing together two established foodservice distributors with longstanding customer and supplier relationships in the market. Vesta has served the Phoenix market since 2001 and opened a new distribution facility there in 2021. The acquisition … [More]
