TerraCap Management LLC, a privately held investment firm headquartered in Naples, FL, announced today the acquisition of Valley Vista, a 262k square foot three-property industrial portfolio spread across the Phoenix, AZ metropolitan area. The three single-story buildings are located in the dense submarkets of Chandler, Tempe, and south of the Phoenix Sky Harbor Airport. The … [More]
Smead Capital Management Appoints Conor O’Callaghan as Chief Operating Officer
Smead Capital Management, a Phoenix-based investment management firm and a leader in value investing, announces the appointment of Conor O’Callaghan as Chief Operating Officer. This key addition comes as the firm continues to build on its significant growth, having more than tripled its assets under management over the past four years. With over two decades of … [More]
5 Steps to Being an Extraordinary Leader
Do you want to be an extraordinary leader? Do you know what people really need from you to be that leader? It is not all that hard. But you do have to do some very specific things. In this article, I’ll share what those things are, based on many years of coaching and training executive and managerial leaders. At the basic level, the best leaders know that people have three … [More]
Arizona and ASU Selected for Flagship Prototyping and Advanced Packaging R&D Facility
The Arizona Commerce Authority announced that the U.S. Commerce Department and Natcast, the operator of the National Semiconductor Technology Center (NSTC), have selected Arizona as the site of the co-located NSTC Prototyping and NAPMP Advanced Packaging Piloting Facility, the third of three CHIPS for America research and development (R&D) flagship facilities. The facility … [More]
U-Haul Growth Metros and Cities of 2024: Phoenix Metro Ranks Third for In-Migration
The Dallas-Fort Worth-Arlington metropolitan area, better known as the DFW Metroplex, is the leading U-Haul Growth Metro of 2024. Charlotte, Phoenix, Lakeland and Austin complete the top five U.S. growth metros, meaning they saw the largest net gains of U-Haul® customers taking one-way equipment into and out of metro areas last year. This marks the first year that metros … [More]
Partnership Brings Expansion of Old Town Scottsdale Office Presence
Phoenix-based developer George Oliver, in partnership with Ascentris, has announced the $42.25 million acquisition of 7272 E. Indian School Rd., a 165,220-square-foot office building in Old Town Scottsdale, Arizona. The purchase, which follows the partnership’s mid-2024 acquisition of 4141 and 4167 N. Scottsdale Rd., expands the companies’ Old Town Scottsdale footprint to over … [More]
Developer Acquires Property Near Sky Harbor, Plans to Redevelop to Class A Industrial
GO Industrial, a Phoenix-based development firm known for its design-centric approach and location-first strategy across the Western United States, has successfully acquired a 9.4-acre infill parcel in the highly sought-after airport market. The acquisition was made in partnership with Clarion Partners. Located at 3050 S 35th Street along University Drive, the parcel sits on … [More]
2024 Year in Review: Advancing Arizona through Economic Development
High-growth industries saw significant investments alongside wins for startups, small business and broadband
In 2024, Arizona continued to attract historic investments while pioneering new advancements for workers, startups and small business owners, rural communities and more. Watch Arizona’s economic year in review below “2024 represented a year of significant growth and investments to continue growing Arizona’s economy,” said Sandra Watson, President and CEO of the … [More]
Fast-Casual Mexican Restaurant Expands into Arizona with Upcoming Restaurant Openings in Phoenix and Scottsdale
QDOBA, America's rapidly growing #2 restaurant brand in the Mexican fast-casual category, today announced that the company will expand into Arizona with the upcoming opening of two new restaurants in Phoenix and Scottsdale in January. The new locations join existing, on-campus locations at Grand Canyon University and Arizona State University. Located in Phoenix at 4901 Ray … [More]
Discount Tire Acquires Desert Ridge Corporate Center in Phoenix
Leading Retailer Has Been Tenant at 12-acre Campus Since 2019
Discount Tire through its affiliated real estate division, Halle Properties, LLC, closed on the purchase of Desert Ridge Corporate Center I and II in Phoenix. Desert Ridge includes 275,208-square-feet of multi-tenant use office space across two four-story office buildings originally constructed in 2005 and 2007. Discount Tire currently occupies an entire floor at Desert Ridge, … [More]
Groundbreaking Partnership Announced for Behavior Healthcare Co. in Arizona
The Meadows Behavioral Healthcare announced that effective Jan. 1, 2025, all of its inpatient treatment centers in Arizona will be in-network with Blue Cross Blue Shield of Arizona. This groundbreaking partnership, which includes a value-based agreement, marks a significant milestone in the effort to provide greater access to high-quality mental health care within the state and … [More]
Housing Supply Ends 2024 on the Rise, Up 12% Year over Year
Active listings climbed 12% year over year during the four weeks ending December 22, though that was the smallest increase since March, according to a new report from Redfin, the technology-powered real estate brokerage. Redfin is taking a break from analysis this week, but please see the tables below for the latest housing-market data. Redfin will be back with full … [More]
Law Group Expands Government Relations Department with New Team Lobbying Team
Rose Law Group, Arizona’s largest woman-founded law firm, is proud to announce the expansion of its Government Relations Department with the addition of an all-new team. This development marks a renewed focus on lobbying and establishing a solidified presence at the Arizona Capitol. Building on its longstanding commitment to government affairs, Rose Law Group's expanded team … [More]
Goodwill Opens New Stores in New Year
Goodwill of Central & Northern Arizona is celebrating the new year with the grand opening of two new stores in January. The first grand opening will take place in Glendale on Friday, January 3, 2025. This brand-new building is located at 7443 W. Glendale Ave in Glendale. The second grand opening on January 10 is located at 210 E. Bell Rd in Phoenix. As part of each grand … [More]
Arizona Builders Deliver Thousands of Toys to Kids in Need
Arizona’s 2nd largest toy drive brought holiday cheer to children across the state
Arizona Builders Alliance (ABA) with the help of construction industry workers across the state helped make a difference in the lives of over 3,000 children in need this holiday season through the 15th Annual Community Service Board's 2024 Toy Drive. Over 150 Arizona construction companies and individuals collected the mountain of toys, gifts, and approximately $45,000 in … [More]
2024’s Most Popular (and Most Unusual) Home Searches Revealed
This year, Zillow enhanced its natural language search feature, allowing home shoppers to search for their next home as naturally as they would speak to family or friends. Buyers and renters can use everyday language instead of preset filters to search by commute time, affordability and nearby schools or points of interest. This new feature showed what Americans were … [More]
Phoenix Selects Arizona-Based Architectural Firm for Resource Innovation Campus
Phoenix City Council selected Arizona-based architectural firm Krause as the winner of the C40 Cities Reinventing Cities Initiative to develop Phoenix’s Resource Innovation Campus. The Council voted to enter into a contract with Arizona-based architectural firm Krause to develop Phoenix’s Resource Innovation Campus. Through its design, Krause and their collaborators will … [More]
Multi-Year Agreement Brings Industry-Leading Technology to Nearly 400 Pickleball Franchises
Pickleball Kingdom, the world's largest indoor pickleball entity, announced a partnership with PodPlay Technologies that will bring PodPlay's best-in-class technology to Pickleball Kingdom's fast-growing network of franchises. PodPlay delivers a seamless pickleball experience from check-in to match highlights by integrating hardware-enabled features like user-initiated video … [More]
