Vitalyst Health Foundation announces the creation of a Program Related Investment initiative designed to invest in high-need communities with the goal of providing capital to organizations that support social returns on investment over traditional investing goals of financial return. The Vitalyst Board of Trustees approved an investment reallocation that will re-direct a … [More]
New Sub-Zero Manufacturing Space Breaks Ground in Goodyear
ViaWest Group, a Phoenix-based, full-service commercial real estate firm, began work in Goodyear on the latest Valley location for the Sub-Zero Group, Inc., which, at completion, will total more than one million square feet of manufacturing space in Goodyear for the major kitchen appliance company. ViaWest Group, Scottsdale Investment Management, and their building partners … [More]
Survey Reveals 4 in 10 Companies Are Hiring Contractors to Replace Laid-Off Workers
ResumeBuilder.com, the premier resource for professional resume templates and career advice, has published a recent survey report that shares insight into how many companies are currently “quiet hiring.” Researchers analyzed responses from 1,000 business leaders at companies with at least 50 employees. According to the report, 57 percent of business leaders surveyed say they … [More]
Phoenix-Based Software Firm Launches New Metaverse Products Division
Founders Workshop, a 14-year old digital product and software development firm in Phoenix, has announced the formation of its new Metaverse Workshop division and the hiring of Julian Reyes as Chief Metaverse Officer. Metaverse Workshop will deliver business consulting and product development around a variety of emerging technologies related to the Metaverse, Web3, and … [More]
Valley Creative Agency Reps Phoenix Convention Center and Its Venues, Plans to Elevate Downtown Phoenix
After a competitive bidding process that involved several Phoenix area marketing agencies, Kitchen Sink Creative, a full-service creative agency based in Phoenix and part of the SCC Global Family, is pleased to announce its selection as the marketing agency of record for the Phoenix Convention Center, Symphony Hall and Orpheum Theatre Phoenix. The five-year contract engages … [More]
U.S. Mortgage Performance Remains Exceptionally Healthy
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for November 2022. For the month of November, 2.9% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.7 percentage point … [More]
Phoenix Area Renting Costs Nearly $1,116 Less per Month than Buying, Says Report
For many Americans hoping to make the transition to first-time buying in 2023, renting will likely offer relatively more affordable options in the months ahead, according to the Realtor.com® Monthly Rental Report released today. On average across the 50 largest U.S. metros in December, a typical renter faced a 41.4% ($792) lower monthly payment than a starter homeowner. In the … [More]
Report: The Housing Market Has Started to Recover But We’re Not Out of the Woods Yet
The housing market has begun to recover after hitting a low point in the second week of November, according to a new report from Redfin, the technology-powered real estate brokerage. The number of Redfin customers requesting first tours has improved 17 percentage points from the November trough, and the number of people contacting Redfin agents to start the homebuying … [More]
Nikola Introduces New Hydrogen Energy Brand ‘HYLA’
Nikola Corporation, a global leader in zero-emission transportation and energy supply and infrastructure solutions, announced at a special event today that it has created a new global brand, HYLA, to encompass the company's energy products for producing, distributing and dispensing hydrogen to fuel its zero-emissions trucks. More than 300 fleet, government, supplier, energy and … [More]
United Celebrates Historic First Graduating Class of Its Goodyear Flight Academy Pilots
United, the only major U.S. airline to own a flight school, is celebrating the graduation of United Aviate Academy's inaugural class of pilots, an important step towards training the next generation of talented, qualified, and motivated aviators. The inaugural graduating class includes 51 students – with nearly 80% being women or people of color – marking the next step towards … [More]
Despite Some Cooling in Q4 2022, Phoenix Industrial Market Remains Very Strong
The Phoenix industrial real estate market remained one of the strongest in the country during the fourth quarter of 2022, with rental rates continuing to climb and vacancy levels remaining stubbornly low, even as investment activity dropped significantly, according to new research from Transwestern Real Estate Services (TRS). Transwestern tracks industrial properties in nine … [More]
Arizona-Based Aviation Part Supplier Promotes Executive to President
AvAir is pleased to announce that Brandon Wesson has been promoted to President. Wesson joined AvAir in 2010 as Director of Sales. As a result of his leadership, he was promoted to vice president of sales in 2016. Shortly after that, Wesson became executive vice president of sales, where he oversaw a team of over 70 people who support the company's asset management … [More]
Collaborating Organizations Bring IT and Cybersecurity Career Expo, Jan. 26
Through AZ Careers NOW, the Greater Phoenix Chamber Foundation (the Foundation) and Career Connectors are partnering to connect local IT and Cybersecurity employers to job seekers. More than ever, IT and Cybersecurity professionals are needed to protect Arizona’s digital future. This hiring event aims to match job-seekers in the IT and Cybersecurity industries with highly … [More]
Arizona Nonprofit to Expand with Campaign and Financing through Enterprise Bank & Trust
Enterprise Bank & Trust announces the closing of a finance agreement that will support a $21 million construction project which is part of a $25 million philanthropic expansion campaign for Child Crisis Arizona. The agency provides emergency shelter, foster care, adoption, counseling, early education, and parenting support services to Arizona’s most vulnerable children, … [More]
ASU Expands Partnership to Offer Courses on YouTube for College Credit
Arizona State University, Crash Course and YouTube announced that they are partnering to offer a series of online courses for college credit that begin on YouTube. These transferable, credit-bearing courses are a significant expansion of the current Study Hall collaboration between the three organizations, which is aimed at breaking down barriers — including accessibility and … [More]
Partnership Brings Collaboration and Investment to Large-Scale U.S. Green Hydrogen Production Projects
Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, and Fortescue Future Industries (FFI) have executed a memorandum of understanding (MOU) to collaborate on and evaluate the co-development of large-scale U.S. green hydrogen production facilities. Supply of green hydrogen for any potential projects will be … [More]
Valley Town Offers Full Community College Tuition to Eligible Residents
The Town of Queen Creek has announced an exciting program for local students—the Queen Creek Promise Program—a commitment from the Town to its residents for eligible high school students to attend Chandler-Gilbert Community College (CGCC) for two years with Arizona resident tuition fully funded. At the kick-off event on Tuesday, January 24, 2023, Queen Creek Mayor Julia … [More]
CRE Giant Debuts New Arizona Offices at The Grove in Phoenix’s Camelback Corridor
The Phoenix office of JLL has completed build-out and moved into its new Arizona offices, located on the first floor of the highly anticipated mixed-use destination, The Grove, at the northwest corner of 44th Street and Camelback Road in Phoenix’s sought-after Camelback Corridor. The new space expands JLL’s local footprint to 31,000 square feet, serving more than 120 JLL … [More]
