WESTMARC to Host West Valley Business Technology Summit

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Wednesday, September 7, 2022, WESTMARC will host its 2nd annual West Valley Business Technology Summit. The event will take place at the new Goodyear Civic Square – Gen. 1 Building, 1900 N. Civic Square, Goodyear, 85395. Registration and breakfast will begin at 8 am and the program will run from 8:45 am to 1 pm. The West Valley has seen an increase in investments from … [More]

AZCREW’s Presents Discussion on Valley Office Market Trends

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AZCREW, the commercial real estate organization that exists to transform the industry by advancing women globally, resumes its monthly lunch events with a look at office trends around the Valley. “Coming out of COVID, no one was really sure what the status of the Metro Phoenix office sector would be,” said event moderator, Sam Pinkal, Vice President of Business Development … [More]

$66M Sale Sets Record Pricing/SF in Metro Phoenix

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Holualoa Companies and LaPour Partners paid $66.35 million for the Camelback Collective, a recently constructed 115,838-square-foot Class A office building in Phoenix, Arizona. The premier four-story building is located at 2801 East Camelback Rd and was over 95% leased at the time of sale. The buyer was Oklahoma City-based Humphreys Capital. At $573, the price per square … [More]

Super Bowl Host Committee Launches $2M Arizona Nonprofit Initiative

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The Arizona Super Bowl Host Committee, in partnership with the National Football League (NFL) Foundation, today launched the Super Bowl Legacy Grant Program, which will invest more than $2 million in nonprofit organizations across Arizona. The Legacy Grant Program is presented by APS, PetSmart, Salt River Project (SRP), and The Thunderbirds and will provide grants to nonprofits … [More]

Homeowner Equity Shoots Up Again across U.S. in Q2, Arizona Equity-Rich

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ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 48.1 percent of mortgaged residential properties in the United States were considered equity-rich in the second quarter, meaning that the combined estimated amount of loan balances secured by those … [More]

CopperPoint Insurance Companies Names John Carey Chief Underwriting Officer

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CopperPoint Insurance Companies, a western-based super regional commercial insurance company, announced today that John Carey will be joining CopperPoint on August 29, 2022 as Chief Underwriting Officer, reporting to the CEO. Prior to this appointment, Carey served as Chief Underwriting Officer for Zurich Asia Pacific where he managed a book comprised of $250M … [More]

On the Go Food Co. Bundles Breakfast and Lunch Together

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Salad and Go, an emerging salad industry disruptor, is proving itself to be a true “one-stop shop” for all meals of the day with its new “On the Go” bundle. Designed with customers on the move in mind, the new bundle has both breakfast and lunch covered by offering a choice of a cold brew (or any 24 oz. drink), any breakfast burrito and any salad or wrap with chicken or tofu … [More]

Rehab Therapy Industry Challenged by Employee Retention and High Clinician Burnout, Says WebPT Report

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WebPT, the leading rehab therapy platform for enhancing patient care and fueling business growth, today released The State of Rehab Therapy report for 2022. The highly anticipated report details findings from the sixth annual industry-wide survey of more than 6,000 physical therapy, occupational therapy, and speech-language pathology professionals. The report sheds light on the … [More]

Airport Employee Child Care Scholarship Launches to Support Workers

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The Aviation Department officially launched its City of Phoenix Airport Worker Child Care Scholarship Program to promote an added benefit for workers in the aviation industry, which has been challenged for more than two years by the COVID-19 pandemic. The program was made possible through a $4 million investment by the Phoenix City Council, as part of the city's American … [More]

Small Business Job Growth Slows in July, Hourly Earnings Growth Moderates Slightly

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Hiring at U.S. small businesses slowed for the fifth consecutive month, according to the latest Paychex | IHS Markit Small Business Employment Watch. The Small Business Jobs Index moderated -0.66 percent from the previous month and stands at 100.14. The pace of wage increases slowed slightly from the previous month, with average hourly earnings growth at 5.08 percent compared … [More]

Schnitzer Properties Buys Phoenix Industrial Complex for $46M

by Madalina Pojoga

Schnitzer Properties has purchased Westech Business Center I and II, a seven-building, 225,333-square-foot light industrial complex in Phoenix, from LBA Logistics. According to Maricopa County records, the sale price for the two assets was $46.2 million and the complex is also subject to a $28 million bridge loan with two one-year extension options, originated by M&T … [More]

Iconic Biltmore Fashion Park Adds 5 New Retailers and Restaurants, Including Anthropologie

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Biltmore Fashion Park, a much-loved destination in the Macerich portfolio of high-quality retail and mixed-use properties across the country, today announced a slate of five new retailers and restaurants joining the iconic outdoor center, including Anthropologie. Anthropologie, which will open later this year, is a unique, full-lifestyle shopping destination with a mostly … [More]

Education Group Joins the Grow with Google Indigenous Career Readiness Program

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StrataTech Education Group announced its participation in the Grow with Google Indigenous Career Readiness Program. The initiative helps prepare Native students at more than 50 Native-serving organizations for the workforce through digital skills training and career workshops. By providing $1 million to the Partnership With Native Americans (PWNA) to embed the program in … [More]

Home-Grown National Pizza Co. Launches First-Ever Loyalty Program and App

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Peter Piper Pizza, the "food, family and fun" handmade-from-scratch pizza restaurant, continues to deliver new features for guests with the launch of the brand's first loyalty program and app. The new loyalty program awards members $5 off their first loyalty purchase of $15 or more just for signing up. Subsequently, members will receive 10 Piper Points for every dollar spent … [More]

Cannabis Co. to Open First Branded Dispensary in Arizona

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Trulieve Cannabis Corp., a leading and top-performing cannabis company in the United States, today announced the opening of its first Trulieve-branded dispensary in Arizona. Located at 1007 N. 7th St., the doors open at 8 a.m. on Tuesday, August 2, with ongoing hours of 8 a.m. – 10 p.m., seven days a week. This is the first cannabis dispensary in the Roosevelt Row neighborhood … [More]

Phoenix Greenhouse Gas Emissions Decreased in 2020, Study Finds

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The City of Phoenix’s 2020 Greenhouse Gas (GHG) Emissions Inventory shows both community-scale and government operations emissions decreased during that year. “Our investments in energy efficiency, transportation electrification, and renewable energy have demonstrated progress toward Phoenix’s Climate Action Plan goals,” said Mayor Kate Gallego. “This work is crucial to … [More]

Phoenix-Based eBikes Co. Debuts New Long-Range Battery to Extend Riders’ Adventures

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Lectric eBikes, one of the fastest growing electric bike companies in the nation, announced today the latest addition to its portfolio of products – a Long-Range battery which allows riders to push the boundaries of range like never before. Lectric is no stranger to industry-shattering innovation. Following the successful launch of the XP™ Lite and the XPremium … [More]

Annual U.S. Home Price Gains Slow for the Second Consecutive Month, Says Report

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CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for June 2022. Nationwide, home prices grew by 18.3% from June 2021, marking the 125th consecutive month of year-over-year increases. Though annual appreciation was still strong, it slowed from the … [More]

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