New Chair and Vice Chair to Drive Statewide Bioscience Accelerator

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An internationally recognized University of Arizona researcher and executive and a Phoenix Bioscience Core developer with Wexford Science and Technology have been named chair and vice chair of the Arizona’s Bioscience Roadmap Steering Committee. Jennifer Barton, Ph.D., and Kyle Jardine will serve two-year terms in their roles heading up the statewide leadership group, … [More]

$25M Fund Targets Distressed Multifamily in Key Growth Markets

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Neighborhood Ventures, a real estate operator and an online real estate investment company that enables accredited investors to invest in multifamily properties, announced the launch of Opportunistic Fund II, a $25 million vehicle that will acquire 5-8 distressed multifamily properties across high-growth U.S. markets, including Phoenix, Tampa, Salt Lake City, Charlotte, Dallas, … [More]

Grid Manufacturer Picks Maricopa County for New 566K-SF Production Plant

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Electric Research and Manufacturing Cooperative, Inc., a manufacturer of distribution transformers, announced it will open a new manufacturing facility in Maricopa County, Arizona. This strategic expansion marks a bold step in ERMCO’s mission to be the Industry’s Most Valued Partner and reflects the company’s commitment to innovation, growth, and community engagement. The … [More]

Mesa-Based Tech Firm Continues Global Expansion with Manufacturing Venture in Egypt

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Iveda, a global player in AI, IoT, and smart city technologies, announced the launch of a new home appliance manufacturing initiative in Egypt, marking a significant expansion into locally produced consumer goods and a new long-term revenue stream for the company. Through a semi-knockdown technology transfer program, Iveda is partnering with the Arab Organization for … [More]

ASU and SRP Partnership Offers Mentorship and $20K Pitch Opportunity for Arizona Firms

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Salt River Project and Arizona State University are offering a Small Business Academy that provides mentorship, training and networking opportunities for small businesses interested in expanding capacity and learning how to compete for contracts with public agencies and private companies. The academy runs for six weeks and includes weekly sessions beginning January 22. The … [More]

20-Year District Cooling Deal Secured for New ASU Health Headquarters

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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

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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

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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

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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

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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]