According to the latest report by Redfin, he number of Canadians searching for U.S. homes started dropping significantly in February, when the White House implemented 25% tariffs on imports from Canada. The steepest decline was a 34.2% year-over-year drop in April, the month the Trump administration announced its global tariff policy. The declines have shrunk since then … [More]
LEGO Selects Tempe to Anchor US Consumer & Shopper Support
The LEGO Group has opened its new Consumer and Shopper Engagement office in Tempe, Arizona with a ribbon cutting to mark the opening of a new base in the Greater Phoenix area. From here, the award-winning CSE team will continue to support LEGO® fans across the United States, answering questions and helping make their building experiences even more enjoyable. Monika … [More]
Carvana Partners with NBA Hall-of-Famer on Marketing
Carvana, an industry pioneer for buying and selling used cars online, announced a first-of-its-kind integrated brand partnership with basketball Hall of Famer, entrepreneur, and cultural icon Shaquille O’Neal, launching with the debut of the world’s first AI-powered Shaqbot. Designed to make car shopping simpler, easier, and more fun, Shaqbot brings Shaq’s signature voice, … [More]
35+ Miles of Fiber Coming to Goodyear to Fuel West Valley Data Hubs
Light Source Communications, a provider of secure, scalable, reliable connectivity on state-of-the-art dark fiber networks, announced it is expanding its Phoenix network by 35+ route miles in the Goodyear area as the region continues to see a boom in Artificial Intelligence (AI), Machine Learning (ML) and other high-performance computing (HPC) … [More]
Six Phoenix Communities Included in $1.1B, 15-Property Multifamily Deal
JLL's Capital Markets Group announced that it has arranged a $1.1 billion, 15-property, national multi-housing portfolio venture located in six states. JLL worked on behalf of the owner, Sunroad Enterprises, to capitalize the portfolio with Fairfield, who was awarded the portfolio through a targeted marketing process. Additionally, JLL also arranged $415 million in financing … [More]
Kitchell Rallies Teams for 36 Community Projects, Celebrating 75 Years in the Valley
Marking its 75th anniversary, Kitchell is honoring the vision of founder Sam Kitchell with a month-long Founder's Day campaign, powered by the Kitchell Foundation and employees across four states. Launched on the National Day of Service (Sept. 11) and continuing throughout the month, this year's program spans 36 events in four states—demonstrating the company's enduring … [More]
Chamber Summit Honors Standouts in Policy Wins, Workforce and Collaboration
The Arizona Chamber Executives, managed by the Greater Phoenix Chamber, recently held its annual conference in Flagstaff, where nearly 100 chamber executives and staff members gathered for professional and community development and to celebrate excellence in the chamber industry. At the event, outstanding chambers and individuals who have made significant contributions to their … [More]
Fully-Leased Industrial Hub Changes Hands in West Valley
Wilson Investment Properties announced the acquisition of Mountain Vista Commerce Center, a three-building industrial/flex complex located at 14647 S. 50th Street in Phoenix’s Southwest Valley. The ±134,713-square-foot property offers high-quality small-bay industrial space in the heart of the Silicon Desert, one of the fastest-growing industrial sub-markets in the … [More]
Black Rock Coffee Bar Listing as “BRCB”, Confirms IPO Pricing
Black Rock Coffee Bar, Inc. announced the pricing of the initial public offering of 14,705,882 shares of its Class A common stock at a price to the public of $20.00 per share. Black Rock Coffee Bar has granted the underwriters a 30-day option to purchase up to an additional 2,205,882 shares of its Class A common stock at the initial public offering price, less underwriting … [More]
Tokyo Trade Office Aims to Fast-Track Market Access for Arizona Firms
Governor Hobbs and the Arizona Commerce Authority announced the opening of a new Arizona Trade and Investment office in Japan. The new office, a part of the Arizona Commerce Authority, is located in Tokyo, Japan, and will serve as a platform to increase economic collaboration and foreign direct investment opportunities between Arizona and Japan, one of Arizona’s largest trading … [More]
