B2Gnow, a leading provider of supplier diversity, prevailing wage labor compliance, and grant management solutions, is pleased to announce the acquisition of eComply Solutions, a pioneering company specializing in prevailing wage labor compliance software supporting the Davis-Bacon and Little-Davis-Bacon Acts. This strategic acquisition marks a significant milestone in B2Gnow's … [More]
Homebuilder Breaks Ground on 663 Homesites in San Tan Valley
Tri Pointe Homes Arizona, a recognized leader serving the Phoenix market for over 30 years under the name Maracay®, has announced the groundbreaking of 663 new homesites at Soleo, a premier planned community in San Tan Valley. Tri Pointe Homes’ 252-acres are expected to feature eight model homes with a grand opening anticipated in 2025, furthering Tri Pointe’s strategy to build … [More]
EV Fleet Partner Expands Management Systems in Arizona for Car Rentals and Uber Drivers
Bluedot is continuing to support the electrification of business fleets for a greener world with EV Access, an electric car rental service aimed at visitors and Uber drivers in Phoenix, Arizona, to power its fleet. EV Access incorporates Bluedot's latest iteration of its advanced fleet management program as part of its ongoing partnership to streamline … [More]
Real Estate Investment Trust Completes $160 Million Sale of Eight Arizona Facilities to Dignity Health
Medical Properties Trust, Inc. announced the sale of the 50-bed Arizona General Hospital in Mesa and seven freestanding emergency department (“FSED”) facilities in the Phoenix metropolitan area to Dignity Health, a wholly-owned subsidiary of CommonSpirit Health, for $160 million. The sale price and current cash rents imply a capitalization rate of less than 7.5%. The Company … [More]
Italian Restaurant Chain Opens Third Valley Location, Touts Breadstick Sales Are Back in the West Valley
Kind Hospitality — the restaurant group specializing in presenting elevated dining experiences with a portfolio of 52 locations across well-recognized favorites such as Macayo’s Mexican, Food, Panera Bread, O.H.S.O. Brewery, Native Grill & Wings, Fazoli’s and more — announced its first West Valley Fazoli’s location and its third in the metro Phoenix area is now open. … [More]
Investment Real Estate Co. Expands to Arizona, Veteran Broker to Lead Phoenix-Based Team
Secure Net Lease, a nationally-recognized brokerage that specializes in the acquisition and disposition of investment real estate throughout the United States, is expanding its national footprint. Senior commercial real estate broker Steve Lowe and his Phoenix, Arizona-based team that specializes in multi-tenant retail and shopping center sales, have joined Secure Net … [More]
Their Take: ARA Responds to New Stat – Arizona Is No. 2 in Restaurant Inflation
USA Today recently listed Arizona as No. 2 on its list of the top five states that had been hardest hit by restaurant inflation. Arizona had increased 23%, from $96.68 to $118.54 when comparing the change in consumer spending during two-week periods that were analyzed. However, this doesn’t mean that Arizonans as spending the most on their dining out experiences. In fact, … [More]
Phoenix Industrial Market Adds 10 Million New Square Feet in Q2, Says Report
Strong net absorption of 5.3 million square feet helps vacancy remain below 10 percent
The Greater Phoenix industrial market delivered 10.0 million square feet of new space during second quarter, marking the completion of a portion of the record construction started in 2023, according to a report released by Colliers. Strong net absorption totaling 5.3 million square feet assisted in minimizing vacancy rate escalation, resulting in a current vacancy of 9.0 … [More]
Developers Break Ground on $100M Mixed-Use Development in Gilbert
Okland Capital and San Tan Development Group announced they have broken ground on phase one of Northside at SanTan Village, a brand new mixed-use development that will bring high-end retail, restaurant and hotel amenities to the SanTan Village submarket in Gilbert, Arizona. Located on the east side of Santan Village Parkway between Williams Field and Ray roads, Northside phase … [More]
Arizona Homeownership Surges with Seventh-Highest in US, Arizona’s Housing Market Is on Fire!
New research has revealed the state with the most significant increase in homeownership since 2014, with Arizona taking seventh spot. Arizona had the seventh-most significant rise in homeownership over the past ten years, with an increase of 8.41%. Real estate experts Agent Advice analyzed a recent housing vacancy and homeownership survey from government census data to … [More]
Phoenix Arts & Culture Announces Nine Artists Selected for its ¡Sombra! Public Art Project
Artists will create shade and cooling installations in public parks as part of City’s efforts to address extreme heat
The Phoenix Arts & Culture Department has announced the selection of nine artists for its “¡Sombra!" public art project. Funded by a $1 million Public Art Challenge grant from Bloomberg Philanthropies, the artists will create temporary shading and cooling installations in response to Phoenix's extreme urban heat. … [More]
Arizona’s Clean Elections Concludes Successful Primary Debate Series Surpassing Reach Expectations
Clean Elections, Arizona's non-partisan source for voter education is celebrating the halfway point of its historic debate program. This year's series premiered in partnership with the Arizona Media Association (AMA) at BitFire Studios with hundreds of media brands leveraging the debate content including major debates being simulcast and all others distributed … [More]
Westgate-Adjacent 296-Unit Multifamily Property Sells for $76.6M in Glendale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Glen 91, a 296-unit multifamily asset in Glendale, Arizona. The property sold for $76.5 million, or $258,446 per unit. “The West Valley’s municipalities, which include Glendale, have experienced outsized growth in the post-pandemic boom and are among the Valley’s most in-demand … [More]
Arizona Nonprofit Receives $700,000 over Two Years to Support Oral Health Care Services
Brighter Way Institute, an Arizona-based nonprofit dedicated to providing comprehensive oral health care to underserved children, families, adults, veterans, and individuals experiencing homelessness, has received a $700,000 multi-year grant from The Bob & Renee Parsons Foundation. The grant will support economically disadvantaged, uninsured and underinsured patients … [More]
Phoenix Leads the Nation in Active Industrial Construction, Says Report
Valley’s industrial sector delivers over 10 million square feet last quarter, with 37 million currently underway
After delivering over 10 million square feet of industrial product last quarter, Phoenix continues to be a hotspot for industrial development and currently ranks first in the U.S. for active projects with 37 million currently underway, as highlighted in LGE Design Build’s Q3 Construction Delivery Outlook report released today. “Custom-built industrial projects, student … [More]
SBA Announces New Grant Funding for Native American-Owned Small Businesses
Native American Trade Expansion Program to Provide Up to $240,000 in Grants
The U.S. Small Business Administration (SBA) announced a funding opportunity for Native American-owned small businesses under its new pilot Native American Trade Expansion Program (NATEP). The new program will provide up to $240,000 in grants to expand exporting opportunities to Native American-owned small businesses. The deadline for eligible small business concerns to submit … [More]
Scottsdale Law Group Expands Firm’s Litigation and Equine Practices
Rose Law Group, Arizona’s largest woman-founded lawfirm announce the addition of Paige Kemper as an Associate Attorney in the firm's litigation and equine practices. Kemper brings a wealth of experience and passionate commitment to advocating for clients across various civil litigation arenas. Kemper joins Rose Law Group with a proven track record in State and Federal … [More]
Scottsdale Quarter Restaurant Acquired, Will Close Temporarily for Renovation
etta Scottsdale, which opened in 2022 at Scottsdale Quarter, has been acquired by Austin-based RDM Hospitality. It will be closing temporarily for renovation beginning July 22 and plans to re-open in late September as a re-imagined neighborhood, Modern-Italian vibe dining concept under new ownership with the same … [More]
