Rockefeller Group announced Corsica Villas at Laveen, a 213-unit build-to-rent residential community under construction in the Laveen neighborhood of Phoenix. Located at the base of South Mountain, the project broke ground in October 2025. Corsica Villas at Laveen will feature a collection of standalone duplexes and townhomes in an area of Phoenix where demand continues to … [More]
CEO-Elect Announced for Arizona’s Largest Lab Network
Sonora Quest Laboratories, together with its parent company Laboratory Sciences of Arizona, announced the appointment of Jennifer Erickson as Chief Executive Officer-Elect. Erickson will take over from David Dexter, who is retiring this March after more than 26 years of leadership. Dexter joined Sonora Quest and LSA as president and CEO in 1999, where under his leadership, the … [More]
End-of-Year Momentum Lifts Phoenix Single-Family Sales Above 2024 Levels
The year ended on a positive note as 2025 Greater Phoenix closed single-family home sales climbed 4.5% over 2024, according to data from Phoenix REALTORS. Nationally, sales were down 1% for the year. Compared with December 2024, sales were up 12.1% in Phoenix and just 4.5% nationally. “Strong. That’s one word to describe the finish to 2025,” said Sammy Glassman, board … [More]
Valley Developer Partners with National Firm on New Scottsdale Medical Office Building
Hammes, a national real estate consulting, development, investment and management firm, is developing a new 34,000-square-foot medical office building in Scottsdale, Arizona, in partnership with Phoenix-based NOVO Development. The medical office building will serve as an anchor component of the new 43-acre Sierra Bloom mixed-use wellness campus. The building's anchor tenant … [More]
Mortgage Brokerage Taps Industry Veteran to Lead National Sales Strategy
NEXA Lending, the nation's largest mortgage brokerage, announced the appointment of Todd Bitter as National Director of Sales, reinforcing a broader commitment not only to company growth, but to the long-term advancement of the mortgage industry as a whole. With more than 30 years of experience spanning top-producing loan officer performance, executive leadership, and … [More]
Industrial Builder Kicks Off New Year with Strategic Executive Promotions
Nox Group, a hyper-scale industrial builder, announced a round of executive promotions and organizational realignments across its Phoenix headquarters and Southwest operations to support rising demand nationwide for mission-critical industrial facilities, including data centers, semiconductor plants, and water and wastewater infrastructure. One of the fastest-growing … [More]
Small-Business Optimism Rises Again in December
The NFIB Small Business Optimism Index rose 0.5 points in December to 99.5 and remained above its 52-year average of 98. Of the 10 Optimism Index components, two increased, three decreased, and five were unchanged. An increase in those expecting better business conditions primarily drove the rise in the Optimism Index. The Uncertainty Index fell 7 points from November to 84, … [More]
Credit Union Concludes Leadership Search, Places Permanent CEO
OneAZ Credit Union announced that Mike Boden has been named President & CEO. Boden, who previously served as Chief Financial Officer and most recently as interim CEO, brings more than 25 years of leadership experience and a strong commitment to values-based service. "Mike is the right leader to serve OneAZ in the next chapter,” said Georganna Meyer, Chair of the OneAZ … [More]
$60M Semiconductor Processing Facility Opens in Mesa
KoMiCo, a global leader in precision cleaning and advanced coatings in the semiconductor industry, celebrated the opening of its new state-of-the-art facility for advanced semiconductor equipment parts cleaning, coating, and repair in Mesa, Arizona. The facility will initially create 50 jobs, with over 200 total new jobs created over the next several years. KoMiCo America … [More]
Entrepreneur and Former Legislator Steps In as CEO of Statewide Business Group
The Arizona Small Business Association announced the appointment of Steven Kaiser as its new Chief Executive Officer. Kaiser brings a unique blend of military leadership, entrepreneurial experience, public policy expertise, and a lifelong commitment to advancing prosperity across Arizona. Born in Illinois and raised in North Phoenix after moving to Arizona at the age of … [More]
Groundbreaking Set for 950K-SF Mesa Freight Facility Serving Semiconductor Industry
DSV, one of the world’s leading freight forwarders, will break ground on a new 950,000-square-foot regional headquarters in Mesa, representing a $14.5 million investment to support Arizona’s rapidly growing semiconductor ecosystem. The facility, scheduled for completion in early 2027, will serve as a major hub for DSV’s semiconductor customers and will house multiple company … [More]
Boutique Pilates Brand Expands Into Phoenix Market With Multi-Unit Deal
JETSET Pilates, the fast-growing modern Reformer Pilates franchise offering premium, full-body workouts, has officially entered Arizona with a newly signed three-unit franchise agreement in Scottsdale. The deal marks the first phase of the brand’s broader expansion strategy for the Phoenix–Scottsdale metro area, where JETSET anticipates opening 8–10 studios in the coming … [More]
The Next Logistics Frontier: IoT-Powered Cold Chain Control
IoT-enabled cold chain monitoring involves using connected devices and sensors to track perishable foods, medical supplies, and other sensitive goods during the delivery and storage to ensure they are preserved in prescribed conditions. This is a rapidly growing use case of IoT in logistics, as indicated by various market studies. Future Market Insights, for instance, forecasts … [More]
43K SF Robotics-Driven Pharmacy Launches in Mesa
Gifthealth, a unified digital pharmacy platform, celebrated the grand opening of its state-of-the-art pharmacy located in Mesa, Arizona. The new pharmacy represents a significant milestone, marking Gifthealth’s expansion into the Southwest. The 43,000-square-foot facility will support up to 200 new, highly-skilled jobs. The Mesa Gifthealth pharmacy will incorporate … [More]
Boutique Travel Firm Joins Global Travel Platform in Acquisition
Arrivia, a global travel loyalty and technology company, announced the acquisition of Bon Voyage Travel, a luxury-focused travel agency known for its advisor-led service model, deep supplier relationships, and curated premium travel experiences. The combination enhances arrivia's presence in the luxury cruise segment by pairing Bon Voyage Travel's high-touch advisory … [More]
Pharma Co. Plans $175M in Upgrades for Acquired Tempe Factory
AbbVie and West Pharmaceutical Services announced a definitive agreement for AbbVie to acquire a device manufacturing facility in Tempe, Arizona and associated intellectual property from West. The acquisition of the manufacturing site will significantly expand AbbVie's drug delivery device manufacturing capabilities and capacity. AbbVie plans to hire approximately 200 … [More]
Two Arizona Brokerages Unite to Form 360-Agent Network
REMAX Fine Properties, Arizona’s leading REMAX luxury brokerage, and REMAX Professionals announced that they have merged under the REMAX Fine Properties name, creating one of the state’s most formidable real estate organizations. The combined brokerage now brings together 360 agents, annual sales volume surpassing $2 billion and 10 offices spanning Arizona from Tucson to … [More]
Immersive Museum Chain Acquired in Global Deal, with Scottsdale Remaining Key U.S. Base
Museum of Illusions Group, the largest privately held chain of museums in the world, announced that it has been acquired by an investor group led by Brightwood Capital Advisors, LLC, a New York-based investment firm, from previous owner Invera Capital Partners, based in Zagreb, Croatia. Constitution Capital Partners served as the lead co-investor for the transaction. Founded … [More]
