Hadrian, the advanced manufacturing company building AI-powered factories for America, celebrated the opening of Factory 3 (F3), a large-scale manufacturing and software hub in Mesa, Arizona. Hadrian has invested $200 million in the 290,000-square-foot facility, which will bring over 350 new jobs to the community in early 2026. Hadrian executives were joined by … [More]
Commercial Real Estate Firm Promotes Managing Director to President
LevRose Commercial Real Estate announced the promotion of Mike Baumgardner from Managing Director to President. This well-deserved advancement recognizes his exceptional leadership and meaningful contributions to the firm. During his time at LevRose, Baumgardner has played a key role in driving growth, elevating client service, and strengthening company culture. With 20 … [More]
Credit Union’s $1.425M Donation Expands K–12 School for Hospitalized Children
When Justin Ramirez was diagnosed with leukemia at age 13, his days quickly filled with hospital rooms, IV medications and long stretches of treatment at Phoenix Children’s. In the middle of all of it, one thing helped him feel like himself again: school. To support that sense of normalcy for children like Ramirez, Desert Financial Foundation and Desert Financial Credit Union … [More]
Veteran Public Servant Appointed to Lead State Infrastructure Financing Authority
The Greater Arizona Development Authority introduced their new new Director Jessi Pederson, who is filling the role vacated by former GADA Director Mary Foote, who was recently named Director of the Arizona Office of Economic Opportunity. Pederson has spent more than 20 years in public service, with much of her time serving the City of Glendale Arizona and working with the … [More]
Chandler Defense Manufacturer Expands, Nearly Quadruples Facility
C.E. Precision Assemblies an Amphenol company, a Chandler-based manufacturer of cable assemblies and wire harnesses for the aerospace and defense industries, is significantly expanding its operations. The company recently signed a 39,757-square-foot lease at 7155 W. Detroit St. in West Chandler, nearly four times the size of its current facility. “We have been in Chandler for … [More]
New City Manager to Drive Growth in Peoria
The Peoria City Council approved the appointment of Mike Faust to serve as the city’s next City Manager, effective March 1, at their Regular Meeting. Faust will replace current City Manager Henry Darwin, who is stepping down to fulfill a one-year transitional role as Executive Consultant to the City Manager. Darwin’s one-year contract was also approved by Council last … [More]
Real Estate Veteran to Lead Valley Development Association
VanTrust Real Estate, LLC announced that Derek Flottum, Senior Director of Development for VanTrust’s Phoenix office, has been selected as the 2026 Chairman of NAIOP Arizona, one of the nation’s largest and most influential commercial real estate chapters. His appointment marks a significant milestone not only in his longstanding involvement with the organization, but also for … [More]
Phoenix’s Largest Speculative Industrial Development Completed along Loop 202
CapRock Partners, a privately-owned investor and developer of industrial real estate in the Western and Central U.S., announced the completion of CapRock West 202 Logistics – Phase 2, marking the final phase of Phoenix’s largest speculative industrial development. Phase 2 delivers 825,000 square feet of Class A warehouse space across three buildings on 43 acres in the … [More]
Urban Economic Development Nonprofit Appoints New Executive Director
The Downtown Mesa Association, which champions a vibrant, creative, and economically thriving downtown area, is announcing its new Executive Director, James (Jimmy) Cerracchio. Cerracchio, who previously served as the project manager for the City of Mesa’s Office of Urban Transformation, will lead the organization in bolstering the economic growth and business development of … [More]
Real Estate Platform Names Strategy Chief to Lead Cash-Offer Marketplace
Offerpad Solutions Inc., a real estate solutions platform, announced that Rich Ford has joined the company as Chief Strategy Officer & President of Cash Offer Marketplace, where he will help guide Offerpad’s long-term strategy and lead the continued evolution of its marketplace-driven transaction ecosystem. Offerpad’s Cash Offer Marketplace is a strategic extension of … [More]
