Data Center Vacancy Falls to 3% in the Americas, Phoenix Still Holds Third Largest Market Status

inbusinessPHX.com

Cushman & Wakefield, the global real estate services firm, has released its latest research report on data center markets, showing that power and component lead times continue to slow delivery of new supply. The vacancy rate in the Americas has fallen to 3%, with over 80% of deliveries pre-leased in major markets, pushing lease rates higher. Phoenix comes in at the third … [More]

ASU Establishes Center for Free Speech, Will Host Annual Free Speech Forum

inbusinessPHX.com

Arizona State University is establishing a new Center for Free Speech to encourage the uninhibited exchange of ideas, and the university will launch an annual free speech forum that will begin in spring 2025. With students from all 50 states and more than 150 countries, ASU’s students, alumni, faculty, staff and visitors come from virtually every background and walk of life, … [More]

Hilton Phoenix Resort at The Peak Sells, Plans Set to Elevate Property

Rick McCartney

It was known as the Pointe when it opened nearly 50 years ago, nestled in Piestewa Peak near 16th Street and Northern. Today this resort, at the crossroads of the Valley, has a new owner and a new future. Phoenix based Pivotal Group has purchased The Hilton Phoenix Resort at the Peak. New York’s Fortress Investment Group was the seller. The $100 million acquisition and … [More]

Avondale Mayor to Resign, Takes New Role with NASCAR

inbusinessPHX.com

Avondale Mayor Kenn Weise announced his resignation from the Avondale City Council effective Oct. 13, to transition to a new role with NASCAR. With his term on the Avondale City Council originally set to expire Dec. 31, 2024, Mayor Weise announced he is stepping down a few weeks early to join NASCAR as Government Affairs Director, where he will manage and nurture … [More]

Banner – University Medical Center Phoenix Opens Four New Operating Rooms

New spaces will allow for improved patient care, efficiency

inbusinessPHX.com

Banner – University Medical Center Phoenix recently unveiled four new state-of-the-art operating rooms. The hospital now has a total of 28 operating rooms available for patients. The new additions will be used primarily for neurosurgery, orthopedics and general surgery. The expansion will provide capacity for an estimated 15% growth in surgical volume each year, meaning more … [More]

Park Central Hosts New Cross Training and Education Program with BNI with Band Fellows From Vietnam

inbusinessPHX.com

Park Central and the Phoenix Medical Quarter are hosting a groundbreaking partnership with leading neurologists from Vietnam and Barrow Neurological Institute. This cross-training and educational collaboration, initiated through key discussions held by Plaza Companies principals and Barrow Neurological Institute with the McCain Institute, signifies a new era of … [More]

Local Coffee Roaster Expands Roots with Acquisition of Panama Coffee Farm

inbusinessPHX.com

PRESS Coffee, the Phoenix-based specialty coffee roaster is excited to announce its acquisition of a Panama coffee estate. Since its establishment in 2008, the PRESS Coffee team has been committed to sourcing and serving the highest quality specialty coffee. With this addition, the coffee roaster will truly be fulfilling the farm-to-cup path and sourcing beans from … [More]

World’s Leading Guitar Manufacturer Breaks Ground on New Arizona Co-Headquarters at PV

inbusinessPHX.com

RED Development joined Fender Musical Instruments Corp., the world's leading guitar manufacturer, yesterday for a groundbreaking ceremony to mark the start of construction on its new Arizona co-headquarters in a fully dedicated facility slated to open in 2025 at PV, the more than $2 billion multi-phase, multi-year redevelopment of the former Paradise Valley … [More]

Family Fun Center Signs Lease for Scottsdale Location

inbusinessPHX.com

Western Retail Advisors has completed a 50,000-square-foot lease that will soon establish the latest metro Phoenix location for the fast-growing family fun park concept. The new Slick City will sit at 9189 Talking Stick Way, within The Pavilions at Talking Stick, a 1.3 million-square-foot power center occupying more than 128 acres along the Loop 101 near Indian Bend Road in … [More]

Industry Veteran Promoted to President and COO of Sundt Construction

inbusinessPHX.com

Sundt Construction, Inc. has promoted construction industry veteran Cade Rowley to President and Chief Operating Officer. In his new role, Rowley will serve as leader of all operational strategy and execution, overseeing each of the company’s seven business units. Mike Hoover, Sundt’s President and CEO since 2016, will continue to serve as CEO and Chairman of the Board of … [More]

PR Veteran Departs Longtime Partnership to Launch PR Agency

inbusinessPHX.com

Proof, a results-driven public relations agency founded by 20-year industry expert Melissa DiGianfilippo launched October 1, 2024. With a seasoned team of PR professionals, Proof is set to distinguish itself as an industry leader by helping local and national brands stand out from the crowd and get attention, attract qualified leads and drive real business growth. Based in … [More]

Two Specialty Digital Marketing Agencies Merge

inbusinessPHX.com

RYNO Strategic Solutions and Blue Corona, two leading digital marketing agencies specializing in the home services industry, are thrilled to announce that the companies are merging effective Oct. 1, 2024. This strategic union combines nearly 30 years of expertise from both companies, unifying under the RYNO Strategic Solutions brand, creating an unrivaled market leader. Mike … [More]

Greater Phoenix Chamber Reveals Latest Arizona Economic Insights

inbusinessPHX.com

The Greater Phoenix Chamber has released its Arizona Economic Insights Dashboard findings for the most recent time period extending through July 2024. This tool provides access to real-time, interactive data updates on Arizona’s ever-changing economic landscape. Users can delve deeper into unemployment, GDP, job projections, population changes, average income, educational … [More]

Valley Law Firm Launches AI Initiative, Combines with Tech-Driven Boutique Firm

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Fennemore, a trailblazing law firm recognized as the fastest-growing Am Law 200 firm in the U.S., announced the launch of Project BlueWave, an ambitious technology initiative designed to revolutionize legal services through the integration of artificial intelligence (AI), automation, and flat- and alternative-fee pricing. Project BlueWave represents a major investment in the … [More]

WEBINAR – Oct. 17: Lunch & Learn – New Capital Access Credit Line Programs for Small Businesses

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Lunch & Learn: New Capital Access Credit Line Programs for Small Businesses 10/17/2024 | 11:00 AM SBA has Introduced a new credit line product designed to make it easier for lenders to increase credit access to small business. REGISTER NOW … [More]

Honeywell Aerospace Technologies Launches Innovation Hub at ASU

Collaboration with ASU’s Ira A. Fulton Schools of Engineering will bring new equipment and professional expertise to ASU students

inbusinessPHX.com

Honeywell opened the Honeywell Innovation Hub — a new space on Arizona State University’s Tempe campus launched in collaboration with Ira A. Fulton Schools of Engineering. Both the Fulton Schools and Honeywell are focused on empowering students to develop key engineering skills and solve the aerospace industry’s most pressing challenges. The opening of the hub supports … [More]

Phoenix-Based Wholesale Bakery among Largest Niche Commercial Bakeries in U.S., Gears Up for 30-Year Anniversary

inbusinessPHX.com

In 2025, Strictly From Scratch, the Phoenix-based commercial bakery that develops a vast range of sweet and savory breads and pastries for large-scale wholesale distribution, is set to celebrate its 30-year milestone. But much has changed since the company launched in 1995. What began as a distribution company quickly developed into a bakery. Today, Strictly From Scratch … [More]

The World’s Most Famous Donut Co. Since 1952 Expands to East Valley

inbusinessPHX.com

Randy’s Donuts, the most iconic and recognized donut shop in the world, is opening in Gilbert on Oct. 10, 2024. The new store is located at 4935 S. Val Vista Dr., Ste. 105 in Gilbert. The store will be open daily at 6 a.m. and features a drive-through. On Oct. 10, the first 100 people in line will receive a free glazed donut to celebrate the new store! Additionally, you can … [More]

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