Dansons Capital Group, in partnership with Accrual Equity Partners and Hydro Construction, completed the acquisition of Shasta Pools, Phoenix Metro’s most recognized pool builder, and announced an immediate expansion into the broader home services market with plans to grow the brand into a national powerhouse. Founded in 1966 by brothers Bob and Skip Ast, the third-generation, … [More]
SRP Completes Five-Year Pipeline Project to Secure Valley’s Water Future
As communities across the Southwest face ongoing drought conditions and increasing water supply challenges, SRP announced the completion of the Gilbert Road Pipeline project — a major infrastructure investment designed to enhance water reliability and operational flexibility throughout the Valley. The new system will enable SRP to move water from south of the Salt River to … [More]
$86M Camelback Corridor Deal Marks Phoenix’s Biggest Office Sale of the Year
Southwest Value Partners has acquired Esplanade III, a 222,820-square-foot office tower in Phoenix’s Camelback Corridor, for $86 million. The transaction closed August 26 and represents the largest single-building office sale completed in metro Phoenix in 2026. The property was sold by an LLC affiliated with Transwestern and C-III Capital Partners. JLL Capital Markets brokered … [More]
Healthcare Giant Breaks Ground on 32K-SF Hospital Expansion
Banner Ironwood Medical Center broke ground on a project that will add more than 32,000 square feet. The expansion is a direct result of nonprofit Banner Health’s mission to address growing community needs for accessible, quality healthcare. The facility, located at 37000 N. Gantzel Road, will add a new two-story building to its existing emergency department to include an … [More]
Industry Veteran Elevated to Lead 4,600-Person Renewable Energy Workforce
McCarthy Building Companies, Inc. announced the promotion of Nayan Bhakta to President of the firm’s National Renewable Energy group. As President of McCarthy’s National Renewable Energy group, Nayan will lead business operations and the firm’s national strategy for renewable energy, which serves solar and battery energy storage system (BESS) projects nationwide. His technical … [More]
Make Your Benefits Investment Count: Close the Employee Knowledge Gap
New research published by the Employee Benefit Research Institute, in collaboration with Lincoln Financial, finds that many benefits-eligible employees remain financially vulnerable to unexpected medical expenses despite having access to at least some employer-sponsored benefits. The research also finds that employees reported markedly greater interest in voluntary benefits … [More]
National Staffing Giant Expands in Phoenix to Meet Demand for Financial Talent
Beacon Hill announced the expansion of its accounting, finance, and banking staffing practice in Arizona with the launch of Beacon Hill Financial in Phoenix and the appointment of Stacy Boase as Division Director. The expansion builds upon Beacon Hill's existing presence in Arizona through Beacon Hill Technologies and Beacon Hill Life Sciences, further strengthening the … [More]
ASU Opens Faster Path to Teacher Certification as Schools Face Staffing Shortages
Arizona State University is launching its first three-year bachelor's degree programs, giving education students the option of an accelerated curriculum for certain paths while maintaining the academic quality and clinical preparation expected of an ASU education. Developed by the Mary Lou Fulton College for Teaching and Learning Innovation, the programs are believed to be … [More]
$1B Peoria Community Breaks Ground on $10M Recreation Hub
Saddleback, the $1 billion, 5,300-acre master-planned community under development in Peoria, announced construction is officially underway on Basecamp, its $10 million signature destination designed to serve as the social and recreational hub of the community. Slated to open in summer 2027, the approximately 16-acre site will feature an expansive collection of amenities and … [More]
25K-SF Class A Industrial Project Comes Online in Chandler’s Industrial Core
Opus announced the completion of Envision 56, a modern Class A speculative industrial development near the intersection of North 56th Street and West Chandler Boulevard in Chandler, Arizona. The 125,258-square-foot development consists of a 37,289-square-foot building and an 87,969-square-foot building, both designed specifically for small and midsized users seeking new … [More]
Scottsdale Wealth Giant Taps Veteran Executive to Lead AI Expansion
Osaic, Inc., one of the nation’s largest providers of wealth management strategies, announced the appointment of veteran technology executive Sayee Bellamkonda (left) as Chief AI & Technology Officer. Bellamkonda will lead Osaic’s advisor- and client-facing technology, AI, and cybersecurity strategies and will join the firm’s executive committee, reporting to CEO Jamie … [More]
Chandler-Based Specialty Equipment Co. Names CEO to Lead National Expansion
The Board of Directors of Capital Pump & Equipment announced the appointment of Nathan Ball as Chief Executive Officer, effective August 17, 2026. Nathan joins Capital Pump & Equipment with extensive executive leadership experience in industrial and infrastructure field services businesses and will lead the company through its next phase of growth. As CEO, Nathan will … [More]
$1.5M Sprouts Partnership Aims to Transform Arizona’s Local Food Economy
Local First Arizona, nonprofit champion of independent businesses and inclusive economic development, announced a three-year, $1.5M partnership with Sprouts Healthy Communities Foundation to advance a statewide effort to strengthen Arizona's local food system, expand access to healthy food, and elevate the state's culinary talent. The partnership is more than a funding … [More]
Record $170M Deal Trades 1.1M SF of Glendale Industrial Space
Lincoln Property Company, a global, full-service real estate firm with over $31 billion of assets under management, announced the sale of the final two Class A industrial buildings at its award-winning Park303 logistics park. Purchased by a leading global investment manager, the transaction achieved the highest two-building industrial sale price in Arizona history. It also … [More]
Entrepreneurship Foundation Offers Arizona Business Owners a Shot at Growth Funding
State Forty Eight Foundation will open its applications for its annual grant program on Sept. 27, 2026, providing eligible Arizona entrepreneurs with an opportunity to receive funding to support the growth and success of their businesses. As part of the application process, eligible business owners must attend at least one day of the 2026 Entrepreneur Speaker Series, either in … [More]
GCU Targets Arizona Workforce Needs with New Law and Skilled-Trades Colleges
Grand Canyon University begins another academic year with record enrollment and plans to expand its academic offerings in two dramatically different but equally important areas: law and the skilled trades. GCU expects to serve a record 141,000 students during the 2026-27 academic year, continuing a period of remarkable growth that has positioned it as the largest Christian … [More]
16 Women Leaders Named for Their Achievement, Annual Event Announced
16 Extraordinary Arizona Women to Be Celebrated for Leadership, Business Achievement and Community Impact at October 23rd Arizona Biltmore Luncheon
Greater Phoenix In Business Magazine is proud to announce its 2026 Women of Achievement honorees, an extraordinary group of women whose leadership, professional accomplishments and commitment to community are helping shape Arizona’s future. The 2026 Women of Achievement will be honored at the magazine’s signature Women of Achievement Luncheon on Friday, October 23, 2026, at … [More]
Arizona Targets Growth in $42M Export Market with Dominican Republic Partnership
To strengthen economic and international ties between Arizona and the Dominican Republic, Arizona hosted a visiting delegation of government and business leaders on August 24 and 25, 2026. The delegation marked the first visit to Arizona by key leaders from the Dominican Republic. Led by Eduardo Sanz Lovatón, Minister of Industry, Trade and MSMEs of the Dominican Republic, … [More]
