Cordia, a provider of energy solutions, announced that it has signed a 20-year agreement to provide chilled water service to the new Arizona State University Health headquarters at the Phoenix Bioscience Core. The building will be cooled from Cordia’s Plant 4, a new central energy facility powered by 100% renewable electricity. Plant 4 is scheduled to break ground in March 2026 … [More]
National Investor Enters Phoenix Market with Casa Grande Industrial Acquisition
SkyREM has expanded its national footprint to the Southwest with the acquisition of The Confluence, two Class A industrial manufacturing and distribution facilities totaling 325,334 square feet, located in Casa Grande, Arizona, part of the Phoenix submarket. This acquisition reinforces SkyREM's commitment to investing in modern, high-performing industrial assets in … [More]
Former Tempe Hotel Revived as Corporate Leadership and Training Facility
McCarthy Building Companies, Inc., a 100% employee-owned company, announced the completion of its purchase of the DoubleTree by Hilton Hotel in Tempe, Arizona at the corner of Priest Drive and Broadway Road, which will become the company’s new center for employee learning, leadership, and development. The new facility reflects McCarthy’s ongoing investment in its people and … [More]
International Regenerative Medicine Hub Opens in Prominent Scottsdale Medical Campus
A new chapter in regenerative medicine, biologics and advanced med device manufacturing has begun as Netherlands-based Hummingbird Biomedical, in partnership with DEMCON Life Sciences, officially opens its U.S. headquarters and advanced manufacturing lab, joining other organizations located on the Mayo Clinic Scottsdale campus, a leading destination for complex care. This … [More]
Casa Grande Lands 40-Acre Industrial Chemical Project
Land Advisors Organization’s Pinal County Specialists Kirk P. McCarville, CCIM, and Trey Davis completed the sale of 40 acres of land in Casa Grande, Arizona, for $9,226,418. The buyer, Sunlit Arizona, acquired the site from Auza Ranches LLC. The property will be developed for hydrofluoric acid manufacturing to support Arizona’s expanding semiconductor supply chain. Sunlit … [More]
Hiring Skilled Foreign Talent Just Got More Complicated for Employers
The Department of Homeland Security has issued a final rule changing how the United States Citizenship and Immigration Services (USCIS) selects cap-subject H-1B registrations when demand exceeds the annual cap. Instead of treating all registrations equally, USCIS will use a “weighted” random selection that generally gives better odds to higher-paying positions, based on the … [More]
‘Health for All Kids’ Pledge Debuts in Phoenix as Part of $1B National Initiative
Children’s Miracle Network, the charity that focuses solely on raising funds to support the health of all kids, launched The Health For All Kids Impact Pledge to demonstrate its participation in providing the necessary resources to support the country’s pediatric healthcare demands amid unstable funding sources. CMN has chosen Phoenix Children’s as one of three cities to launch … [More]
Phoenix Secures Long-Awaited Nonstop Link to Asia
STARLUX Airlines, a Taiwan-based luxury carrier, launched nonstop service between Taipei Taoyuan International Airport and Phoenix Sky Harbor International Airport on Jan. 15, marking a milestone that expands the airport’s international connections and is expected to generate significant economic benefits for the region. Phoenix Mayor Kate Gallego, STARLUX Airlines Chief … [More]
Valley Retailer Names New CEO to Guide Multi-State Expansion
Eco-Chic Consignments, LLC, parent company to My Sister's Closet, My Sister's Attic, and Well Suited retail brands, announced the appointment of Heather Zorge as Chief Executive Officer, effective immediately. Zorge steps into the role as Eco-Chic continues to build on the foundation established by founder Ann Siner. The company most recently entered Southern California with … [More]
Upscale, Design-Forward Hotel Breaks Ground in Mesa
Cambria Hotels - a brand known for design-forward spaces and upscale, locally inspired amenities - broke ground today in Mesa, offering a new level of hospitality to the city. The four-story, 107-room hotel will feature a rooftop restaurant and bar which will be open to the public overlooking the surrounding desert and urban landscape, along with a lobby bar, outdoor pool, … [More]
Valley Foundation Awards $50K to Eight Local Entrepreneurs
State Forty Eight Foundation is proud to announce the recipients of its 2025 Entrepreneur Grant Awards. The eight awardees were honored during the Foundation’s annual Winners’ Circle Celebration presented by SRP and Four Peaks Brewing Co. This year, the Foundation awarded a total of $50,000 to eight Arizona-based small businesses spanning wellness, food and beverage, retail, … [More]
Valley Fitness Brand Enters Tucson with Multi-Site Expansion Across Oro Valley, Houghton, and Twin Peaks
Mountainside Fitness, Arizona’s largest locally-owned fitness center is proud to announce the first expansion into Southern Arizona with the opening of the three new locations in Tucson in 2026. The three new fitness centers are scheduled to open in mid to late 2026 at Oracle and Tangerine in the Oro Valley Marketplace, Old Vail and Houghton Road in the Houghton Towne Center, … [More]
213-Unit Build-to-Rent Community Breaks Ground in Laveen
Rockefeller Group announced Corsica Villas at Laveen, a 213-unit build-to-rent residential community under construction in the Laveen neighborhood of Phoenix. Located at the base of South Mountain, the project broke ground in October 2025. Corsica Villas at Laveen will feature a collection of standalone duplexes and townhomes in an area of Phoenix where demand continues to … [More]
CEO-Elect Announced for Arizona’s Largest Lab Network
Sonora Quest Laboratories, together with its parent company Laboratory Sciences of Arizona, announced the appointment of Jennifer Erickson as Chief Executive Officer-Elect. Erickson will take over from David Dexter, who is retiring this March after more than 26 years of leadership. Dexter joined Sonora Quest and LSA as president and CEO in 1999, where under his leadership, the … [More]
End-of-Year Momentum Lifts Phoenix Single-Family Sales Above 2024 Levels
The year ended on a positive note as 2025 Greater Phoenix closed single-family home sales climbed 4.5% over 2024, according to data from Phoenix REALTORS. Nationally, sales were down 1% for the year. Compared with December 2024, sales were up 12.1% in Phoenix and just 4.5% nationally. “Strong. That’s one word to describe the finish to 2025,” said Sammy Glassman, board … [More]
Valley Developer Partners with National Firm on New Scottsdale Medical Office Building
Hammes, a national real estate consulting, development, investment and management firm, is developing a new 34,000-square-foot medical office building in Scottsdale, Arizona, in partnership with Phoenix-based NOVO Development. The medical office building will serve as an anchor component of the new 43-acre Sierra Bloom mixed-use wellness campus. The building's anchor tenant … [More]
Mortgage Brokerage Taps Industry Veteran to Lead National Sales Strategy
NEXA Lending, the nation's largest mortgage brokerage, announced the appointment of Todd Bitter as National Director of Sales, reinforcing a broader commitment not only to company growth, but to the long-term advancement of the mortgage industry as a whole. With more than 30 years of experience spanning top-producing loan officer performance, executive leadership, and … [More]
Industrial Builder Kicks Off New Year with Strategic Executive Promotions
Nox Group, a hyper-scale industrial builder, announced a round of executive promotions and organizational realignments across its Phoenix headquarters and Southwest operations to support rising demand nationwide for mission-critical industrial facilities, including data centers, semiconductor plants, and water and wastewater infrastructure. One of the fastest-growing … [More]
