45K-SF Industrial Campus Breaks Ground near Phoenix-Mesa Gateway

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Commercial Properties, Inc. / CORFAC International and The Leroy Breinholt Team announced construction is underway at Signal Butte & Germann, a new Class A light industrial development by Dale Cavan and Cavan Commercial announce the firm's appointment as the exclusive brokerage for the project. Located at 7423 E. Signal Butte Road in Mesa, Arizona, the 45,021-square-foot … [More]

Delta Dental Broadens Arizona Business Offerings beyond Dental and Vision

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Delta Dental of Arizona announced the introduction of DeltaWellness by Delta Dental, a new brand that brings together the organization's growing suite of health and wellness offerings under one unified umbrella. Also introduced today is DeltaLife, a new portfolio of life, disability and supplemental health insurance products. The launch reflects Delta Dental of Arizona's … [More]

Small Business Confidence Cools despite Above-Average Optimism

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The NFIB Small Business Optimism Index dipped in August to 98.7, just 1.1 points below July’s highest level since August 2025, but remaining above the 52-year average of 98.0. The Uncertainty Index fell 2 points to 89, remaining above the historical average of 68. “Uncertainty remains elevated among small business owners as they face a mixed set of challenges with weakened … [More]

Phoenix Legal Heavyweights to Unite, Creating 800-Person Firm

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Fennemore, one of the nation’s fastest-growing Am Law 200 firms, and Gallagher & Kennedy, an Arizona-based business law firm with decades of experience serving businesses, organizations and individuals throughout Arizona and New Mexico, will merge effective Dec. 1, 2026. The combination will bring together two firms with deep roots in Phoenix and longstanding … [More]

$300B Banking Giant Completes Arizona Integration following Comerica Merger

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Fifth Third Bancorp announced it has completed the technical conversion of approximately 600,000 customers’ accounts and 293 banking centers across Arizona, California, Florida, Michigan and Texas from the Comerica franchise. Executed over Labor Day weekend, the conversion brings Comerica consumer and commercial customers onto Fifth Third’s platforms. Today’s milestone … [More]

Scottsdale Commercial Real Estate Firm Acquired in $1.6B Deal

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Cerberus Capital Management, L.P., a global alternative investment firm with established corporate credit and real estate platforms, announced that certain funds and accounts have sold Tenet Equity to CBRE Investment Management, which is making its investment on behalf of several of its investment strategies, for $1.6 billion. Cerberus founded Tenet in 2021 alongside … [More]

TSMC and ASML Partner to Shape the Future of Advanced Chipmaking

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ASML Holding N.V. and Taiwan Semiconductor Manufacturing Company announced a collaborative initiative to lead the semiconductor industry’s transition to a larger-format Extreme Ultraviolet lithography photomask. While High NA EUV will be adopted for production using the current, 6-inch masks, the transition to larger, 12-inch masks is expected to further increase fab … [More]

Arizona’s Growth Engine is Cooling but Still Outpacing the Nation

by Niaoniao You

Arizona’s economy remains resilient as it navigates evolving conditions, but it is increasingly characterized by mixed labor market conditions and slower growth. The labor market improved from dismal job growth in late-2025, but job gains were concentrated in a few sectors as employers stayed cautious about hiring. Elevated gasoline prices due to conflict in the Middle East … [More]

Amkor Expands Arizona Investment to $12B, Nearly Tripling Cleanroom Capacity

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Amkor Technology, Inc., a leading provider of outsourced semiconductor packaging and test services, announced phase 2 of its Arizona Advanced packaging and test campus. Driven by strong customer commitments that have surpassed the 33,000 square meters of cleanroom capacity planned for phase 1, the phase 2 expansion is expected to add 60,000 square meters and bring the campus to … [More]

Major East Valley Development Unveils Wave of New Tenants

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Heritage Park, the mixed-use destination rising at the northern gateway of Gilbert's Heritage District, announced the first five tenants set to open at the development — led by Arizona's first Popup Bagels and three East Valley firsts — as construction continues to advance toward early second-quarter 2027 openings. Popup Bagels will bring its first Arizona location to Heritage … [More]