Tempe-Based Multinational Electronics Manufacturer Outlines CEO Succession

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Benchmark Electronics, Inc., a worldwide provider of innovative product design, engineering services, technology solutions, and advanced manufacturing services, announced President and Chief Executive Officer Jeff Benck’s intention to retire effective March 31, 2026. Since becoming CEO in 2019, Mr. Benck has guided Benchmark through a period of strategic transformation and … [More]

1.1 Million SF Industrial Logistics Facility Slated for Glendale

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VanTrust Real Estate announces its latest development in Arizona, VT303 North, a 1.1 million square foot speculative industrial building located in Glendale. Situated at the southwest corner of Northern Avenue and Reems Road, the project is designed to meet the demand for modern logistics and distribution facilities in the rapidly expanding West Valley. VanTrust acquired the … [More]

Reframing Arizona’s Housing Market: Why Today’s Market Offers More Power to Buyers

by Larry Jackson

For years, home buyers in Arizona faced mounting obstacles, including fierce competition, rising prices and limited inventory. Today’s market, however, points to a change in those trends. Realtor.com recently reported that Phoenix led the nation in de-listings in May 2025. While sellers still hold considerable sway, there are growing signs that buyers are gaining more … [More]

Want to Future-Proof Your Business? Listen to Gen Z

by Susan Anable

When we talk about the “future of work,” it’s tempting to focus on AI breakthroughs, productivity apps, and collaboration tools. But the real key to future-proofing your business might be less about the tech itself and more about the people using it, especially your Gen Z employees. Gen Z isn’t just comfortable with technology; they’re redefining how it’s used. But unless … [More]

Scottsdale Behavioral Health Co. Names New Chief Medical Officer

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Meadows Behavioral Healthcare, an industry leader in specialized behavioral health treatment, have welcomed Dr. Aaron Wilson, as their new Chief Medical Officer. Dr. Wilson, a double board-certified psychiatrist and addiction medicine specialist, joins MBH's senior leadership team with more than 15 years of experience guiding clinical excellence across leading treatment … [More]

Arizona Ad Agency Expands to San Francisco with Acquisition

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Chandler-based Commit Agency announced the acquisition of San Francisco’s Gumas Advertising, the originator of Challenger Brand Marketing. This bold move expands Commit’s national footprint, strengthens its leadership team and solidifies its position as the unrivaled authority on helping challenger brands compete and win at a time when budgets are shrinking, costs are rising … [More]

Fast-Growing Valley Coffee Co. Announces IPO

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Black Rock Coffee Bar, Inc. announced the launch of the initial public offering of 14,705,882 shares of its Class A common stock. The initial public offering price is currently expected to be between $16.00 and $18.00 per share. Black Rock Coffee Bar expects to grant the underwriters a 30-day option to purchase up to an additional 2,205,882 shares of its Class A common stock at … [More]

New Interview Series Puts Guests on Bikes, Not Sofas

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Charles Sidi, his wife Sarah, and their two young sons moved from England to Arizona nearly 20 years ago and fell in love with the Arcadia neighborhood immediately.  Since then, Charles has established deep roots in the area. While stuck at home sick, scrolling Instagram a few months ago, he noticed a flood of podcasts on his feed and thought "Wasn’t there a more exciting way … [More]

Investors Buy Nearly One-Third of Homes Sold Nationally in 2025

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Cotality, a global provider of property information, analytics, and data-enabled solutions, released its latest update on investor activity in the U.S. housing market. Investor activity dipped slightly in the second quarter of 2025 but remains elevated compared to years past. In January, investors accounted for 32% of single-family home purchases. By June the … [More]

APS Uses Robots to Inspire the Next Generation of Engineers

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The goal for every first-generation college student is not simply to get there, but to graduate – often easier said than done without caring mentorship and the genuine investment of a broader community. That’s where AGUILA Youth Leadership Institute comes in. AGUILA is a Valley-based non-profit and college access program that has been working with Arizona students for more … [More]

Greater Phoenix Economic Council Names President & CEO

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The Greater Phoenix Economic Council (GPEC) Board of Directors announced nationally recognized economic leader Christine Mackay as the new President & CEO of the organization, effective Oct. 13, 2025. Mackay, who has served as the City of Phoenix Community and Economic Development Director since August 2014, enters the role with nearly 30 years of experience in economic … [More]

Amkor’s $2B Peoria Pivot Accelerates Chip Plant Timeline, Adds 2,000 Jobs

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Amkor Technology, Inc., a provider of semiconductor packaging and test services, announced revised plans for the location of the company’s new semiconductor advanced packaging and test facility in Arizona. The facility will be constructed on a 104-acre site within the Peoria Innovation Core, in north Peoria, AZ. Peoria City Council unanimously approved a land swap … [More]

Scottsdale Brokerage Tops $1B in Sales amid Valley Luxury Home Market Growth

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RETSY, Arizona’s Forbes Global Properties brokerage, announced that it crossed the $1 billion mark in sales volume more than two months earlier than in 2024, despite a more challenging housing market marked by rising interest rates and shifting commission structures. Recognized on RealTrends as the #1 brokerage for average sales price of brokerages in Arizona with over $1 … [More]

TSMC Breaks Ground on ‘Near-Zero’ Discharge Water Plant to Back Fabs

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TSMC Arizona has broken ground and begun construction on a planned 15-acre Industrial Reclamation Water Plant (IRWP). The IRWP is designed to achieve “Near Zero Liquid Discharge” which means the company will have the ability to reuse nearly every drop of water. At start-up, the IRWP will reach 85% recycling rate with a plan to reach 90% or better. The start of construction on … [More]

National Fashion Retailer Plans Goodyear Store, Deepening West Valley Retail Mix

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Seattle-based fashion retailer Nordstrom, Inc. announced plans to open a new Nordstrom Rack in Goodyear, AZ in spring 2027. "We look forward to being a part of the Goodyear community and serving our customers with an amazing offering of great brands at great prices," said Gemma Lionello, President of Nordstrom Rack. "We're excited to grow our footprint in the … [More]

SRP Partners with Arizona Universities, Channeling $2.9M into Grid Reliability R&D

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Salt River Project (SRP) has invested $2.9 million in 37 research and development projects with Arizona State University, Northern Arizona University and the University of Arizona in an ongoing effort to support the reliable delivery of power and water to SRP customers. Every funded project is assessed for alignment to SRP’s long-term corporate goals and strategic … [More]

Uptick in Office Conversions to Industrial Removes Inventory from Market

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The Greater Phoenix office market experienced a decline in direct vacancy during second quarter, falling 40 basis points to 15.2 percent, according to a report released by Colliers. A trend of converting office properties to industrial usage resulted in removal of nearly 700,000 square feet from the office inventory which contributed to the drop of vacancy. Tenant demand has … [More]

Tempe Packaging Firm Expands Footprint and Capabilities with Phoenix Acquisition

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Foam Packaging Specialties, LLC, has acquired Advanced Packaging Specialties Inc., a Phoenix-based company known for its box design, manufacturing and packaging distribution. The acquisition expands Foam Packaging Specialties’ offerings to include complete packaging systems such as custom foam inserts, corrugated boxes and shipping materials, provided through the new brand, … [More]

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