Luxury Multifamily Apartment Building in Gilbert Sells for $91M

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Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of The Wyatt, a 216-unit luxury multifamily asset in Gilbert, Arizona. The $91 million sales price represents $421,296 per unit. “One of the nation’s most prosperous large cities, Gilbert is a top suburban submarket target for multifamily investment in Greater … [More]

Career Development Platform Becoming Hub to Connect Job Seekers with Employment

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Pipeline AZ, an Arizona career development and job skills exploration platform, is celebrating the milestone of surpassing 50,000 registered users. Pipeline AZ users have been able to use the platform’s skills mapping technology to help job seekers begin a new path, level-up in their existing careers, explore work or work-based learning opportunities, and discover new passions … [More]

The Arizona Pet Project Chosen as Mentorship Partner by The Humane Society of the United States 

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The Arizona Pet Project is proud to announce that it was awarded the Pets for Life Mentorship Grant to provide community outreach and pet owner support in South Phoenix communities. The program is sponsored by The Humane Society of the United States. Leanna Taylor, CEO of  The Arizona Pet Project, says, “In 2021, we opened the first-of-its-kind bilingual resource center in … [More]

Girl Scouts – Arizona Cactus-Pine Selects Co-CEOs

inbusinessPHX.com

Girl Scouts­–Arizona Cactus-Pine Council (GSACPC) is pleased to announce the appointments of Mary Mitchell and Christina Spicer as co-chief executive officers. In their roles, Mitchell and Spicer will work together to maintain, establish, and grow key partnerships within the government and community; continue to make diversity, equity, inclusion, and racial justice an … [More]

Sundt Building Group Expands with New Hires

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Sundt Construction’s Building Group recently hired Tony Wright, Dylan Telford, Preston Drehbol, Bert Mercer, Beau Briggs and Wendy Robinson in its Phoenix office. “All six of these new hires are very deserving of their position,” said Stew Grauer, Sundt’s vice president and Phoenix regional manager for its Building Group. “I am excited to see what they all will accomplish at … [More]

Alliance of Arizona Nonprofits and Arizona Grantmakers Forum Merge

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Alliance of Arizona Nonprofits Chief Executive Officer Kristen Merrifield will lead the combined organization, which will operate under the Alliance name for the immediate future. Arizona Grantmakers Forum President and CEO Laurie Liles will become Chief Public Policy Officer and Vice President of Arizona Grantmakers Forum as she shifts her focus to advocacy on behalf of the … [More]

Build-For-Rent Co. Closes 40 Acres Near Massive Microchip Facility

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The Empire Group of Companies recently closed on 40 acres near the Taiwan Semiconductor Manufacturing Company north of the Valley where it plans to build ± 354single-family homes for rent. The proposed development will be named the Village at Bronco Trail. The Land Advisors Organization team of Bret Rinehart, Ryan Semro, and Ben Heglie represented the Empire Group (Principal … [More]

ACA Now Accepting Applications for 2022 Arizona Innovation Challenge

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The Arizona Commerce Authority (ACA) announced today applications are being accepted for the 11th annual Arizona Innovation Challenge (AIC). Applications are being accepted from August 1 to August 31. The Arizona Innovation Challenge, which is the largest state-sponsored business plan competition in the nation, advances innovation and technology commercialization opportunities … [More]

Nikola Agrees to Acquisition to Bring Battery Pack Engineering and Production In-House

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Nikola Corporation, and Romeo Power, Inc., announced they have entered into a definitive agreement in which Nikola, a global leader in zero-emissions transportation and energy infrastructure solutions, will acquire Romeo, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, in an all-stock transaction.  The … [More]

onsemi Reports Record Second Quarter 2022 Results, Quarterly Revenue Exceeds $2B for the First Time

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onsemi announced results for the second quarter of 2022 by record revenue of $2,085.0 million, an increase of 25% year-over-year, a record GAAP and non-GAAP gross margin of 49.7%. Other notable second quarter highlights include: GAAP operating margin of 28.0% increased 1,110 basis points year-over-year Record non-GAAP operating margin of 34.5% increased … [More]

Eight of the Valley’s Most Popular Podcasts in Front of a Live Audience, Aug 2

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PodPopuli, the full-service retail podcast experience located in the heart of Old Town Scottsdale, is thrilled to be presenting its second Pod-A-Palooza, a unique live event featuring 8 popular locally-based podcasts. The show - which kicks off at 6pm on Tuesday, August 2 - will be held at Social Tap located at 4312 N Brown Ave in Scottsdale. "Podcasting is such a powerful … [More]

Arizona Opera’s Film Project ‘The Copper Queen’ Debuts

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Arizona Opera is proud to announce that The Copper Queen, the company’s first feature film, is among the official selections for the inaugural Opera on Film series, part of Opera Philadelphia’s Festival O22. The film is one of only 20 selections out of a field of 800 submissions to be selected for the series. LOCAL CALL-TO-ACTION: Arizonans can escape the summer heat and … [More]

Super Bowl Host Committee Seeking Volunteers

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The Arizona Super Bowl Host Committee recently launched its volunteer program, TEAM AZ, presented by Avnet and PetSmart. The Arizona Super Bowl Host Committee is seeking 5,000 high-energy individuals to help welcome and assist residents and visitors as they take part in events around the Valley for Super Bowl LVII.   “Having hosted the Super Bowl three times previously, … [More]

Arizona’s Economic Leaders Applaud Senate Passage of CHIPS Act

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A sweeping plan to accelerate semiconductor investments and research in Arizona and across the country today cleared an important hurdle with passage of legislation by the U.S. Senate. Governor Doug Ducey welcomed the passage of the CHIPS for America Act, saying it will provide a critical boost to an important and growing sector of Arizona’s high-tech economy. “For more … [More]

Homebuilder Debuts New Homes in Highly Desirable Glendale

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KB Home announced the grand opening of its model homes at The Traditions at Marbella Ranch, a new-home community in highly desirable Glendale, Arizona. The new neighborhood is situated on West Vista Avenue just north of West Glendale Avenue, and is convenient to Interstate 10, U.S. Highway 60 and Loop 101, providing easy access to downtown Phoenix, the area’s major employment … [More]

WEBINAR – Aug 9: Rebuilding and Refocusing Your Team

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for the upcoming Small Business Boot Camp virtual webinars and monthly workshops. If you missed any past sessions, watch here. Rebuilding and Refocusing Your Team 08/09/2022 | 9:00 AM For most businesses, these last two years have been a roller coaster – up one day and down the next. Some teams have coalesced and … [More]

Retailers Say Credit Card Legislation Would Ease Payment Industry Competition

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The National Retail Federation welcomed legislation introduced that would let retailers decide who processes credit card transactions, saying it would end practices that block competition in the payments industry and drive up costs for retailers and consumers. “Processing credit card transactions should not be limited to two companies when there are a dozen that can do the … [More]

Suns Agrees to Contract Extension for Head Coach Monty Williams

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The Phoenix Suns and Head Coach Monty Williams have agreed to a multiyear contract extension, the team announced today. “Monty has raised the standard for our organization and overseen the transformation of our team’s culture since he joined as head coach three years ago,” said General Manager James Jones. “We’re excited to announce this extension and look forward to … [More]

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