Global Coffee and Tea Leader Continues Expansion in the Phoenix Area

inbusinessPHX.com

Just in time for summer, The Coffee Bean & Tea Leaf® brand, the iconic Southern California favorite serving premium coffee and tea for the past 60 years has opened its newest location in Scottsdale, Arizona. The new café is complete with a drive-thru and is located at 9380 N. 90th, St. "This is the third The Coffee Bean & Tea Leaf location that we've … [More]

Televerde Relocates to Innovative Office Space in Central Corridor, Priming for Strategic Growth

inbusinessPHX.com

Televerde, a global revenue creation partner supporting marketing, sales, and customer success for B2B businesses around the world, announced its move to a new office space located in the heart of midtown Phoenix at 2800 North Central Avenue. This relocation, a testament to Televerde's flexibility and adaptability, is part of an ongoing effort to adapt to the … [More]

Fast-Casual Taquitos Concept Opens First Arizona Location in Chandler

inbusinessPHX.com

Roll Em Up Taquitos, a fast-casual restaurant specializing in hand-rolled taquitos, is excited to announce the grand opening of its first location in Arizona. Roll Em Up Taquitos Chandler has officially opened its doors to the public and will be the Company’s first Arizona location since the company was founded in 2019. Roll Em Up Taquitos Chandler is located at 301 S. … [More]

Canada-Based XNRGY Lands Financing for First Phase of 1 MSF Factory in Mesa

by Radu Corfus

Canada-based XNRGY Climate Systems has obtained construction financing for the first phase of its U.S. headquarters in Mesa, Ariz. Development partner The Boyer Co. provided the necessary funds,  including additional options for the project’s expansion to a total of 1 million square feet. XNRGY’s total investment volume is estimated at $300 million and the plant is expected to … [More]

Take Advantage of Extended Summer Hours at City Trailheads

inbusinessPHX.com

​​​During the Valley's warm weather months, the Phoenix Parks and Recreation Department recommends hiking during the early morning or evening hours when it is cooler and there is more shade. To help with that recommendation, extended summer hours are in effect annually from June through September at three of the City's popular hiking destinations – North Mountain … [More]

Accelerating Cultural Diversity at the Desert Botanical Garden for Juneteenth

inbusinessPHX.com

The Archwood Exchange Buy Black Marketplace and Desert Botanical Garden are partnering for the first ever Juneteenth Evening Festival, Friday, June 16, 2023, from 6-9 p.m. The family-friendly event will celebrate Black culture and excellence through storytelling, history, art, performance, community discussion and entrepreneurship. The Juneteenth Evening Festival spotlights … [More]

Asking Rents Fall 2% in the West, Phoenix Rents Falling after Pandemic Peaks

inbusinessPHX.com

The median U.S. asking rent fell 0.6% year over year to $1,995 in May—the largest annual decline since March 2020—according to a new report from Redfin, the technology-powered real estate brokerage. That compares with a near-record 16.5% increase one year earlier. May’s drop also represented the first annual decline since March 2020 on a revised basis. The median … [More]

Sundt Construction Names Richard McDonald as New Sustainability Director

inbusinessPHX.com

Sundt Construction recently hired Richard McDonald as its Sustainability Director to implement and maintain sustainability initiatives and serve as a sustainable construction expert for Sundt employee-owners. “Sundt has long been an advocate of sustainable business practices and a trusted partner for our clients as they pursue their own sustainability goals,” said Teri … [More]

WEBINAR – Jun 27: How to Avoid the Top 10 Legal Mistakes That Destroy Businesses

Arizona Commerce Authority

UPCOMING SESSIONS Join us for the upcoming Small Business Boot Camp virtual webinars and monthly workshops. If you've missed past sessions, watch here. How to Avoid the Top 10 Legal Mistakes That Destroy Businesses 06/27/2023 | 9:00 AM A common mistake small business owners make is putting off legal issues as the business grows. Although it is … [More]

KORE Power Receives Conditional Commitment for $850M for Advanced Battery Manufacturing at Buckeye Facility 

inbusinessPHX.com

KORE Power, Inc. has received a conditional commitment from the U.S. Department of Energy’s Loan Programs Office (LPO) for a loan in the principal amount of $850 million under the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program‎. The loan will be used to fund the construction of KORE’s advanced battery cell manufacturing facility in Buckeye, Arizona‎. The … [More]

6 Ways AI Can Help Businesses Retain Customers

inbusinessPHX.com

Poor service costs businesses worldwide an estimated $4.7 trillion each year¹, meaning providing a good consumer experience is key to a company's success. As discussion grows about the role of AI, Sweep.io have shared six benefits AI can have in improving customer experience. Six benefits of AI for customer experience: 1. Reduces workload AI chatbots can answer … [More]

Kentwood Ventures Lands $38M for Phoenix Project

by Madalina Pojoga

Kentwood Ventures has received $38 million in financing for the development of KV Casa Grande, a 314,453-square-foot speculative industrial building in Casa Grande, Ariz. JLL Capital Markets worked on behalf of the borrower to secure a $23 million loan through CrossFirst Bank and $15 million in joint venture equity through Blue Vista Capital Management. The Class A … [More]

Arizona-Based Autism Provider Opens New Clinic Offering Applied Behavior Analysis Therapy in Gilbert

inbusinessPHX.com

In a move that will improve access to in-demand autism care for Arizona families, Axis for Autism has launched applied behavior analysis (ABA) therapy and opened a new clinic offering ABA as well as autism diagnostic services at 2451 E. Baseline Road, Suite 420, in Gilbert. The healthcare company, whose care model has drastically cut wait times for autism evaluations, … [More]

Helios Education Foundation Grants $950K to Education and Workforce Initiative

inbusinessPHX.com

The Helios Education Foundation awarded a $950,000 grant over two years to the Greater Phoenix Chamber Foundation’s (the Foundation) education initiative, ElevateEdAZ, to help expand dual enrollment. ElevateEdAZ works to align education to workforce learning pathways with the needs of Arizona’s leading industries. The primary objectives include increasing the number of students … [More]

Local Breakfast Concept to Open Eleventh Valley Location

inbusinessPHX.com

Local breakfast restaurant Over Easy announced the opening of its newest location in Chandler. The new 3,000 square foot restaurant is set to open its doors on Saturday, June 24, 2023. “We are thrilled to be opening our 11th location in Arizona in the west Chandler area,” says Brian Terpay, COO of Over Easy. “We are grateful for the public’s support of Over Easy and look … [More]

Supply Shortage Worsens, Propping Up Prices as Phoenix Home-Sale Prices Decline 7.9%

inbusinessPHX.com

New listings of homes for sale fell 25% year over year to their lowest level of any early June on record. That’s according to a new report from Redfin, the technology-powered real estate brokerage, which analyzed new listings of homes for sale during the four weeks ending June 4. The continued lack of new listings has pushed the total number of homes on the market down 5% … [More]

Vestar Commences Construction at The Shops at Lake Pleasant in Peoria

inbusinessPHX.com

Vestar, the largest privately held shopping center owner and manager in the western United States is proud to announce construction has begun on The Shops at Lake Pleasant, in Peoria. Located at the northeast corner of Happy Valley Road and Lake Pleasant Parkway, Vestar will develop approximately 90,000 square-feet of retail and restaurant space at The Shops at Lake … [More]

SUMMIT – June 27: E-Mobility and Clean Energy Summit

Arizona Commerce Authority

UPCOMING EVENTS The SBIR training program is a series of webinars that provide entrepreneurs, small business owners, and startups with local resources and mentors to apply for funding through the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs. E-Mobility and Clean Energy Summit 06/27/2023 | … [More]

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